Академический Документы
Профессиональный Документы
Культура Документы
REGULATION
(https://news.bitcoin.com/wp-content/uploads/2017/12/russian-bill-banner-ns1.png)
The bill for the regulation of cryptocurrencies and initial coin o erings (ICOs) in Russia
is ready. It was jointly developed by the country’s central bank and nance ministry.
The regulators have shared some details of the bill including how mining activities are
https://news.bitcoin.com/russian-cryptocurrency-bill-ready/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Noti… 1/5
12/29/2017 Russian Cryptocurrency Bill Is Ready – Regulators Share Details - Bitcoin News
to be taxed.
Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token
Sales (https://news.bitcoin.com/russian-regulators-law-crypto-mining-payments-token-
sales/)
Moiseev said that the nance ministry does not see the need for the cryptoruble.
https://news.bitcoin.com/russian-cryptocurrency-bill-ready/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Noti… 2/5
12/29/2017 Russian Cryptocurrency Bill Is Ready – Regulators Share Details - Bitcoin News
The central bank’s deputy believes that “the issue of a common cryptocurrency for a
number of countries is very promising, more than that for a single nation,” RT reported
and quoted her saying:
Regulating ICOs
https://news.bitcoin.com/russian-cryptocurrency-bill-ready/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Noti… 3/5
12/29/2017 Russian Cryptocurrency Bill Is Ready – Regulators Share Details - Bitcoin News
certain type for an amount not exceeding 50 thousand rubles (~USD$869),” Tass
reiterated. The ministry also suggested limiting “the maximum amount of funds raised by
an ICO [to] 1 billion rubles (~$17.4 million).”
Regarding the ICO limits, the president of the Russian Association of Cryptocurrency and
Blockchain (RABIC), Yuri Pripachkin, argued that ICO fundraising should not be limited as
they can “attract an unlimited amount of foreign investments to Russian projects.”
Mining Taxation
The bill presented on Thursday also contains the de nition of mining and how it will be
taxed, according to the news outlet. Moiseev told reporters that individual entrepreneurs
and legal entities could engage in mining activities, adding that:
He elaborated that the current tax legislation will apply and the Federal Tax Service will
decide if there is a volume threshold for the taxation of mining.
What do you think of this Russian bill? Do you think it will be good for the crypto
community? Let us know in the comments section below.
https://news.bitcoin.com/russian-cryptocurrency-bill-ready/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Noti… 4/5
12/29/2017 Russian Cryptocurrency Bill Is Ready – Regulators Share Details - Bitcoin News
(https://news.bitcoin.com/author/kevin-helms/)
Kevin Helms (https://news.bitcoin.com/author/kevin-helms/)
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin
security, open-source systems, network effects and the intersection between economics and cryptography.
(https://plus.google.com/109223545760667792365) (https://twitter.com/kevinhelms01)
BTC/USD BCH/USD
(https://www.bitcoin.com/)
Wallet (https://wallet.bitcoin.com/) BTC Miami
$14661 $2751 menu
(https://price
(https://price
bitcoin com/)
bitcoin com/)
https://news.bitcoin.com/russian-cryptocurrency-bill-ready/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Noti… 5/5