In November, the State Duma deputies will consider a number of bills regulating cryptocurrencies. This was reported by ТАСС, citing a statement by Anatoly Aksakov, head of the State Duma Committee on the Financial Market.
Under consideration are initiatives on mining, experimental-legal regimes, taxation, and liability for unlawful activity.
According to Aksakov, the process has been prolonged in part due to the difficulty of negotiating with all market participants who have an interest.
He also expressed hope that the State Duma would consider the topic “in the near term,” including посылу Росфинмониторинга.
The mining regulation bill has been registered in the State Duma since mid-November 2022. It obliges individuals and legal entities to report to the tax authorities about mined cryptocurrencies, indicating the address to which they are credited. Its adoption is expected in 2024.
As an amendment to the document, the Russian Finance Ministry proposed banning организацию оборота криптовалют, with the exception of stablecoins and the sale of coins to miners.