In late October, Russian President Vladimir Putin instructed the government and the Central Bank to define and enshrine in law changes governing the status of cryptocurrency and blockchain. Today it became known that the initiative was supported by the Central Bank.
Putin instructed the Central Bank to come up with a tax on mining until the summer of 2018
That the Central Bank fully supports the idea of a tax on mining, said the first Deputy Chairman of the Bank of Russia Olga Skorobogatova. According to her, must pay all, as individuals and businesses.
“Mining is not only the production of cryptocurrencies and not so much, it is a broader concept. Mining is used in the application of blockchain technology is the validation of a transaction that is in the form of blocks presented in this technology”, — quotes RBC of the first Deputy Chairman of the Bank.
Skorobogatova added that the Central Bank fully agrees with the need to regulate ICO.
“We believe ICO should be adjusted by analogy with the IPO, that is, by analogy with investments in securities, it can have a more lightweight version. This is really a topic we need to discuss with colleagues from the Ministry of Finance and other agencies”, — quotes RBC Skorobogatova.
Recall that, according to the instructions of the President, amendments to the legislation relating to the taxation and registration of involved in mining companies must be made to the legislation until 1 July 2018.
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The Central Bank supported the idea of a tax on mining
Vyacheslav Larionov