The government and the Central Bank of the Russian Federation received from the President of Russia Vladimir Putin instructed to prepare amendments to the Russian legislation, regulating the ICO. In addition, Putin asked to come up with a tax on mining.
“The government of the Russian Federation jointly with the Bank of Russia to ensure the inclusion in the legislation of the Russian Federation of changes, providing < …> the regulation of public fundraising activities and cryptocurrency by placing tokens (ICO) by analogy with the regulation of primary placing (IPO)”, — quotes RT order published on the Kremlin website.
According to the instructions of the President of the Central Bank and the government will have to 1 July 2018 to designate in legislation the status of cryptocurrencies, to describe and classify technology of the blockchain, token and Smar-contract. In addition, they will have to be required to follow the requirements for those engaged in mining cryptocurrency, to develop methods of registration and taxation of the miners.
We will remind, last week the Minister announced that Vladimir Putin took the decision on the establishment of cryptolabs and instructed the government and responsible authorities to start working in the right direction. While cryptorama known not so much. It is reported that it will not be mine and that he will not be anonymous. In addition, the system will be centralized.
Putin instructed the Central Bank to come up with a tax on mining until the summer of 2018
Vyacheslav Larionov