Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » “We don’t need Bitcoins”: Russia will not have mining taxation

    “We don’t need Bitcoins”: Russia will not have mining taxation

    0
    By BlockchainJournal on October 19, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The developers of the Russian bill “On digital financial assets” have removed the concept of “mining” from it. According to the chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, this is all due to the fact that the Russian economy does not need Bitcoin. About this writes "Interfax".

    “We used to think about bitcoins, how to grow them into our economic system. Since we decided that we do not need them, these bitcoins are incomprehensible, then, accordingly, mining is not needed, ”Aksakov said.

    The draft law also does not spell out the concept of “cryptocurrency”. According to Anatoly Aksakov, there will not be in it any items on the taxation of miners.

    "In the work of the system that we have prescribed, mining does not make any sense," he said, adding that the tax issue should be considered by the FTS.

    Back in early October, Anatoly Aksakov said that mining was subject to taxation as a type of business.

    Recall that the second reading of the draft laws on the regulation of cryptoindustry is scheduled for autumn.

    Follow BlockchainJournal on Twitter !

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    Bitcoin Business Economy Featured Twitter Work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ARK Invest Unloads Coinbase and GBTC Shares by Millions Amid Market Boom

    December 6, 20232 Mins Read

    GBTC Discount Shrinks as Bitcoin Price Surges

    December 6, 20232 Mins Read

    IBM Introduces OSO, Designed for Cold Storage of Digital Assets

    December 6, 20232 Mins Read

    Marathon Digital Produced 1,187 Bitcoins in November and Held 14,025 Unrestricted BTC

    December 5, 20232 Mins Read

    Volume Counterfeiting Allegations Rock RATS Token on Gate Exchange

    December 5, 20232 Mins Read

    A New Era for Cryptocurrency: Zodia Custody’s Integration with Harmonize

    December 4, 20232 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.