Russia sets up a register for cryptocurrency mining equipment to tighten control.

The Russian Energy Ministry has created a register for cryptocurrency mining devices. According to the authorities, this step should help identify mining companies and to put them under new regulatory and tax regulations.
Deputy Minister of Energy Petr Konyushosaid state newsAccording to the Ria Novosti news agency, the list of regions was distributed in which mining is strongly pronounced.
The establishment of such a register will enable consumers to identify the electricity that use electricity for mining, ”said Konyushenko. He added that this step was part of an exertion of legalizing the sector and contaminating the unlicensed electricity consumption.
The initiative follows the past year.Russia has legalized cryptocurrency mining.In the country, companies and entrepreneurs are obliged to register with the tax authorities in accordance with legal regulations in order to operate mining companies.
Private private individuals can mines without registration, but only if they move within the government that is defined by the government. Regardless of the size, all miners are obliged to report the amount of digital currency produced to the tax authority.
The measure is part of Russia's comprehensive turn to the crypto sector. It was only last week that the state-owned company Rostec, known for its role in the country's military-industrial complex, announced plans for the introduction of …A token called Rubx bound to the rubles.