The Russian Ministry of Finance plans to re-propose the package of laws on Bitcoin (BTC) mining and cryptocurrencies, which was recently decided to be postponed, by aggravating it with prison sentences.
Russian Deputy Finance Minister, according to a recent report by a local agency. Alexei Moiseev, delayed in the past Bitcoin mining and cryptocurrencies package of laws with more severe provisions by revising Department of Justice, Federal Tax Office and Central Bank institutions such as submitted for approval. In the new draft presented heavy fines, prison sentences And compulsory public service penalties such as drew attention.
Intensely to tax returns In the draft, which focused on Bitcoin miners, it was seen that the tax declaration was emphasized. In the changes made, declare their income twice in three years who do not The amount that Bitcoin miners do not declare 15 million rubles (about 200 thousand dollars) imprisonment of up to two years, and 300 thousand rubles (about 4 thousand dollars) worth fine while paying 2 years compulsory civil service to punishment It was also stated that he could be imprisoned.
In addition, undeclared income 45 million rubles (about 600 thousand dollars) if it exceeds up to four years in prisonapproximately 2 million rubles (30 thousand dollars) worth of fines and to 4 years mandatory public service penalty may be given.
In addition, Bitcoin miners only on approved exchanges or that Russia has recently discussed public established by planned on the cryptocurrency exchange was also included in the offer. Cryptocurrency exchanges to the regulation For those who do not comply with the relevant provisions in the draft, which contains various articles on for 1 million rubles how much money And Up to 5 years of compulsory public service penalty is recommended.
Also, cryptocurrencies ad And your promotion Besides the money laundering And initiatives lots of new about your suggestion was found to be included.
on the other hand Russian Crypto Industry and Blockchain Association (RACIB), Minister of Finance Anton Siluanovabout the draft law appeal letter by sending laws to clarity needed and seen crypto money actors in its current form. that you worry stated. RACIB is also available to assist in the completion of the draft law and to review the studies. their own representatives asked to be involved in the study.