cryptonews.net
Anatoly Aksakov, Chairman of the Russia Duma Committee on the Financial Market stated that the regulation of cryptocurrency mining will be adopted in Russia this year and it requires a special approach. Aksakov noted it in an exclusive comment to Cryptonews.net.
According to the expert, mining operations in energy-deficient regions of Russia can destabilize the energy supply for the primary needs. Therefore, these operations must be tightly regulated, and Aksakov presumes that a ban on crypto mining operations in energy-deficient regions is possible. At the same time, the expert emphasizes that mining operations should be legal in energy-excessive regions, however, without any excemptions:
“There are regions in Russia where excess energy can theoretically be channeled into mining, but with proper regulation. The owners of large mining enterprises may expect excemptions, but I believe that electric power should be provided at market prices, without any exceptions."
Earlier, Deputy Prime Minister of the Russian Federation Alexander Novak spoke about the regulation of mining, and noted that the capacity for mining exists, but the operations must be regulated and properly taxed.
Anatoly Aksakov is the author of the draft law "On Digital Financial Assets" in Russia. The law was adopted and entered into force on July 31, 2020. In 2022, pilot Financial Assets were issued by several companies, including VTB, Sber, and Nornickel. The diamond mining company ALROSA also announced its intention to issue a DFA.