Russia’s regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia’s President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners.
The head of the Committee on Financial Markets Anatoly Aksakov said:
"If we talk about mining, then this is a large consumption of electricity, it is obvious that it is not difficult to track. I do not see any problems here."
Source: https://news.bitcoin.com/russian-regulators-tax-license-cryptocurrency-miners/
They will tax crypto miners through electricity. What do you think? Will Russian be successfully track, tax and license miners?
I'm sure if they can successfully do it then other countries will follow but what if big miners distributed their rigs into different places, how they can track them?
Topic: Russian Regulators Think They Found a Way to Identify, Tax, and License Miners (Read 111 times)
October 15, 2017, 05:25:21 AM
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