The Ministry of Finance opposed the ban on mining

The head of the department, Anton Siluanov, stressed that the mining of cryptocurrency should be introduced into the legal field.

Mining does not need to be banned, it should be introduced into the legal field, Russian Finance Minister Anton Siluanov is sure, RBC correspondent reports.

“We believe that it (mining, - ed.) does not need to be banned, it needs to be introduced into the legal field, assigned the appropriate code of economic activity, take a tax from this and bring the miners into the legal field. I don’t understand why all this is limited and banned,” the head of the department said.

Formerly First Deputy Chairman of the Duma Committee forsecurity and anti-corruption Andrey Lugovoy said that the Russian government is not considering the option of banning cryptocurrencies. The working group in the State Duma also did not have any documents or proposals for a ban.

February 15 Head of the Bank of Russia Elvira Nabiullinasent a letter to Finance Minister Anton Siluanov, Forbes reported. The Central Bank noted that the participation of cryptocurrencies in the circulation of regulated financial institutions will create an “illusion of state protection” for people, so the regulator proposes to prescribe a ban on digital assets. The Central Bank believes that the mining industry will not create benefits for the Russian economy, but will only jeopardize the energy supply of enterprises and residential facilities.

At the end of January it became known that the Deputy Prime MinisterDmitry Chernyshenko approved a roadmap that proposes the regulation of cryptocurrencies, and not their ban, identification of customers, responsibility for the illegal circulation of digital assets, as well as the development of a methodology for assessing the value of cryptocurrencies. Representatives of the Ministry of Finance, the Ministry of Economic Development, the Prosecutor General's Office, Rosfinmonitoring, the Federal Security Service, the Ministry of Internal Affairs, the Federal Tax Service, the Ministry of Digital Development and the Bank of Russia took part in the development of the roadmap.

On January 26, Russian President Vladimir Putin calledthe government and the Central Bank come to a consensus on the regulation of digital assets. The head of state said that he was familiar with the discussion regarding the regulation of cryptocurrencies.

</p></p>