Russia has established a detailed registry of cryptocurrency mining equipment, aimed at identifying electricity users engaged in mining activities. This initiative is designed to implement specific regulations and taxation measures for the sector.
In an effort to combat unregistered mining operations, the Russian Ministry of Energy, the Federal Tax Service (FTS), and the Ministry of Digital Development have collaborated to create this extensive database of mining equipment.
The move reflects the government's commitment to regulate the burgeoning cryptocurrency industry more effectively, ensuring compliance and accountability among miners.
