May 2, 2024

The Ministry of Energy advocates the legalization of mining in Russia

The Ministry of Energy advocates the legalization of mining in Russia

Options for legalizing mining in Russia have been discussed in the government over the past few years.

The Ministry of Energy is one of the supportersspeedy development of legislation for this industry. The department believes that citizens and companies mining cryptocurrency must pay taxes to the budget.

Last Saturday in Irkutsk, the first conference of miners in our country was held, at which Evgeny Grabchak, who holds the post of Deputy Minister of Energy of the Russian Federation, spoke.

He emphasized that the legal vacuum in the field of crypto mining regulation should be eliminated as soon as possible.

If the state wants to control the industry andcreate conditions for its development in Russia, then we need a regulatory framework that will ensure the transparency of mining. Most likely, regional rather than federal authorities should allocate energy consumption quotas for miners.

Grabchak said:

«Probably, this should be done not at the federal level, but at the regional level [capacity quotas]. And it is necessary to synchronize regulation with plans for the development of regions and industry.»

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.

The Ministry of Energy advocates the legalization of mining in Russia

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