Ministry of Communications Suggested Creating a Cryptocurrency Exchange in Russi

[Goodcat49]

That Ministry of Communications and Mass Media of the Russian Federation has put the idea of establishing a cryptocurrency exchange in the country out for consideration. The draft law will enable the government to declare and tax income of those who performed a cryptocurrency exchange.

Deputy Minister Alexey Kozyrev stated:

“We proposed to create a platform, so to speak, an exchange house, using which it would be possible to turn a cryptocurrency into a fiat currency, thus, to declare income and pay taxes from it. Operations on this exchange will be transparent for the state.”
According to the draft, there will also be a separation of industrial mining from small-scale activity on the cryptocurrency market. Concrete technical requirements will also be presented to industrial mining representatives, unfortunately, Kozyrev did not reveal the details.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrency-exchange-in-russia/