Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners – Regulation Bitcoin News

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Crypto businesses in Russia want their representatives to join the ongoing regulatory process.

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

In a letter addressed to Siluanov, the industry organization requests an opportunity to get acquainted with the respective draft amendments to the Criminal Code put forward by the Ministry of Finance, which provide for the prosecution of miners for tax evasion, for example.

 

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We look forward to hearing from the government about the amendments and their potential impact on the Russian crypto industry.

Maybe they should have read the fine print before they got involved.

Too many uncertanties for crypto companies in Russia

Confusion surrounding these amendments is concerning. The government must address the concerns of the crypto industry and provide clear guidelines for miners.

'Good luck with that! We all know how warming the Russian government can be towards their citizens ;) IronyMuch'

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