Cryptocurrency mining activities are associated with a high level of risk. This was stated by Elena Avakyan, Vice-President of the Federal Chamber of Lawyers of the Russian Federation, in an interview with lawyer Anna Kostyra.
Avakyan noted that currently there is no law on mining activities in the Russian Federation and rules for taxation of digital financial assets have not been adopted.
«[В этой связи] it is possible to carry out mining on the territory of the Russian Federation if there is a properly built compliance management, with a clear understanding of the emerging and future risks, ”said the vice president of the FPA.
She also advised to prepare in advance the justification for the legality of the origin of funds for which cryptocurrency mining is carried out.
Recall that in November, representatives of several ministries supported the initiative to regulate mining as a type of entrepreneurial activity.
In turn, the Bank of Russia opposed any “initiatives that contribute to the emergence of monetary surrogates.”
At the moment, mining in the Russian Federation is not prohibited, but its regulation is not spelled out.
#Federal #Chamber #Lawyers #Russian #Federation #gave #recommendations #bitcoin #miners
