Russia mulling to equate miners to entrepreneurs

In the Ministry of Economic Development, it is believed that the mining cryptocurrency should be equated to entrepreneurship. This is reported by the news “Izvestia”.

According to the newspaper, the ministry believe that mining fully fits into the definition of entrepreneurial activity. His recognition will allow the authorities to regulate this scope and collect the appropriate taxes from this source, consider it in the Ministry of Economic. It is noted that at present this initiative is discussed with representatives of the entrepreneurial community. The Ministry of Energo also support the idea of ​​recognizing mining entrepreneurship, stated in the material.

At the same time, in the Central Bank (CB), another point of view is held on this issue. The regulator indicated that they did not support initiatives contributing to the creation of any monetary surrogates in Russia.

Earlier, the head of the State Duma Financial Market Committee, Anatoly Aksakov, urged to register the issue of taxes from companies, individual entrepreneurs and individuals who are engaged in mining cryptocurrency. “We do not have a mining, but the regulation of this issue is clearly not spelled out,” the deputy said and noted that the Law “On Digital Financial Assets” (QFA) must be seriously finalized.

The law is valid from January 1, 2021 and determines the cryptocurrency as property. Citizens can make transactions with it, although not as a means of payment, and are required to pay tax. However, the law does not have the concept of mining – cryptocurrency mining. Mainers do not have legal status, and their activities are not licensed and is not taxed.

/Media reports.