The Russian government has expanded the range of information that cryptocurrency miners and mining infrastructure operators must submit to tax authorities. A new decree mandates the inclusion of network addresses for mining equipment, such as ASIC miners, in the national registry. The Russian Ministry of Finance stated that this measure aims to simplify the regulation of digital asset transactions and facilitate investigations into violations. It will also help grid operators monitor infrastructure loads in areas with high concentrations of mining activity.
Under current regulations, Russian miners are already required to regularly update details such as the manufacturer, model, serial number, algorithm, hash rate, power consumption, operating mode, mined cryptocurrency, output, mining pool, and online statistics links of their mining equipment.
Russia Expands Reporting Requirements for Crypto Miners
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