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Russia Finance Ministry Proposes Registering Cryptocurrency Miners And Licensing by Kixpet(m): 8:55am On Oct 11, 2017
At a meeting of regulators on Monday, the Russian Finance Ministry proposed to register cryptocurrency miners as well as to license exchanges dealing with them. A State Duma Deputy also made a proposal to officially legalize mining in order to tax miners and to only allow banks to exchange cryptocurrencies to rubles.

Registering Miners & Licensing Exchanges

At the first meeting of the expert council on financial technologies in the State Duma on Monday, the Russian Ministry of Finance presented its recommendations on the regulation of cryptocurrencies. “The Ministry of Finance proposes to register those who extract cryptocurrencies – the miners,” Tass reported, adding that “the office also proposes to license sites where digital currency is exchanged for traditional cash or non-cash money.

Read Full Article: http://gistmind.com/2017/10/11/news-update-russias-finance-ministry-proposes-registering-cryptocurrency-miners-licensing-exchanges/

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