What's Hot

    EU countries will be able to use blockchain to verify data on education and work qualifications

    08.06.2023

    Developer Sandbox has decided to leave the US market due to the “hostile to blockchain” strategy of the regulator

    08.06.2023

    Binance Starts Teaching Crypto Security to Taiwan Criminal Investigation Bureau Staff

    08.06.2023
    Facebook Twitter Instagram
    Friday, June 9
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Mining»Russia approves draft law on mining in energy-rich regions
    f5546f98b03f4b01706542e4209f92b9ca8bd236
    Mining

    Russia approves draft law on mining in energy-rich regions

    AdministratorBy Administrator29.09.2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Mining

    Reading time: ~2 m


    The Central Bank of the Russian Federation and the Ministry of Finance are working together on a law regulating the production of cryptocurrency in the country. The focus is on regions rich in energy resources.

    Central Bank of Russia and Ministry of Finance are jointly working on a bill on cryptocurrency mining. It will set out the conditions that mining farm operators must adhere to. And the main attention in the document is given to the subjects rich in energy resources. This is reported by the local edition of RBC.

    According to Alexey Moiseev – Deputy Minister of Finance – the document is planned to be submitted to the State Duma. If the deputies approve the law, it will come into force during the autumn session.

    The peculiarity of the law is in its approach to production in the regions. According to the project, mining will be prohibited in regions with a shortage of electricity and allowed in regions with an excess of it. Thus, we can expect the development of the industry in regions with nuclear and hydropower plants, where electricity tariffs are minimal. The list includes the Leningrad and Irkutsk regions, the Trans-Baikal Territory and some other subjects. The ban can be expected in the Belgorod region, the Krasnodar Territory, the Moscow region and other places.

    The bill sheds light on the government’s attitude towards the industry. It shows that the attitude towards the market has become more loyal, and officials have come to a consensus.




    #Russia #approves #draft #law #mining #energyrich #regions

    approves draft energyrich law mining regions Russia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Kazakhstan reported on the eradication of gray miners

    08.06.2023

    In Russia, the number of web requests for crypto wallets fell by 35% over the year

    06.06.2023

    Argo Blockchain Increases Quarterly Revenue to $11.4M

    06.06.2023

    Tether invests in Salvadoran mining startup

    05.06.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • EU countries will be able to use blockchain to verify data on education and work qualifications
    • Developer Sandbox has decided to leave the US market due to the “hostile to blockchain” strategy of the regulator
    • Binance Starts Teaching Crypto Security to Taiwan Criminal Investigation Bureau Staff
    • Analyst Predicts XRP Bullish Rally to $0.8 Resistance
    • Coindesk told the story of a bitcoin encoder
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.