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The Ministry of Economics proposed to introduce a tax on the transfer of cryptocurrencies into rubles

The Ministry of Economic Development proposed to introduce a tax on the conversion of cryptocurrencies into rubles, as in Japan and Germany. Izvestia writes about it. The ministry noted that the mining of cryptocurrencies should be recognized as a commercial activity.

According to the agency, mining should be allowed in regions with a steady surplus in electricity generation. In order to reduce the cost of mining cryptocurrencies, it is necessary to lower the prices for connecting mining farms and data centers to energy sources. It is also worth setting lower electricity tariffs.

Experts considered that the appearance of taxation is in itself a positive decision in terms of the approval of cryptocurrencies, as they will be introduced into the legal field. In addition, the introduction of a threshold for the use of electricity for individuals will help determine the shadow mining.

On February 16, the head of the Ministry of Finance, Anton Siluanov, said that his department opposed the ban on mining in the country. The Minister noted that the Ministry of Finance and the Bank of Russia do not have a common understanding on the regulation of cryptocurrencies in the country, but attempts to resolve differences continue.

The Ministry of Economics proposed to introduce a tax on the transfer of cryptocurrencies into rubles