Mining digital currency must be recognized as a type of business activity. It must be entered intoa special register approved by the authorities, Anatoly Aksakov, head of the State Duma Committee on the Financial Market, told reporters.
This parliamentarian is known as a supportercrypto regulation. He has previously repeatedly stated that every Russian digital currency holder must report to supervisory authorities about the state of their assets. In addition, Aksakov opposes the use of Bitcoin and other virtual coins as payment instruments.
During a conversation with reporters at Moskovskyfinancial forum, the head of the financial committee of the State Duma announced the need to amend tax legislation. According to him, the state is working on a mechanism for taxing cryptocurrency transactions. In parallel, work is underway to classify mining as an entrepreneurial activity.
Aksakov said:
«This is a type of entrepreneurship [crypto mining] and it is obvious that it needs to be entered into the register and assigned the appropriate code, and then taxation must be introduced».
According to the parliamentarian, the authorities need to clearlyseparate concepts such as the digital currency of the Central Bank and the decentralized cryptocurrency. Only in this way will we be able to avoid confusion in matters of law enforcement.
An expert discussion is needed to develop an effective mechanism for differentiating concepts, the deputy noted.
Where is it more profitable to buy cryptocurrency? TOP-5 exchanges
For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.
The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.
Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?
Rating of cryptocurrency exchanges:
| # | Exchange: | Website: | Rating: |
|---|---|---|---|
| 1 | Binance (Editor's Choice) | https://binance.com | 9.7 |
| 2 | Huobi | https://huobi.com | 7.4 |
| 3 | Exmo | https://exmo.me | 6.9 |
| 4 | OKEx | https://okex.com | 6.5 |
| 5 | Bybit | https://bybit.com | 6.3 |
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
- Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
- Additional features and services— futures, options, staking, NFT marketplace.
- Feedback and support– we analyze user reviews and the quality of technical support.
- Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
- final grade– the average number of points for all indicators determines the place in the ranking.
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