The Central Bank again started talking about mining, taxes and ICOs First …

The Central Bank again started talking about mining, taxes and ICO

The First Deputy Chairman of the Central Bank of the Russian Federation Olga Skorobogatova on the air of the Russia 24 TV channel reported on the ongoing work on creating legal framework for taxation of miners cryptocurrencies. The bill is expected to be ready by the middle of the next of the year.

“I think that by July we will really have time to complete this work,” she said.

Skorobogatova also reported, what is mining will be qualified as a type of activity for classes who require registration in quality legal faces or a private entrepreneur.

Talking about ICO, it noted that in this area, legislators intend to be guided by the same requirements that apply to market IPO.

“It can have more lightweight version. it subject, which we should discuss with colleagues of Ministry of Finance and other departments “, – added it.

At that the same time, First Deputy Chairman of the Central Bank of the Russian Federation Sergey Shvetsov during his speech at the conference “Legal Regulation of the Financial Market” stated, what fundraising at ICO assistance has a large investment potential. About this writes TASS.

Our the country has a huge potential for innovation, our students, young people and entrepreneurs give odds to any country with points vision of ideas, and in conditions absence of classical institutions for support of startups, ICO development has great potential to finance those very ideas, “Shvetsov said..

The Central Bank again started talking about mining, taxes and ICOs First ...

He also noted that legislation in this areas should be aimed at supporting entrepreneurship and protecting interests investors.

Recall that in October, Russian President Vladimir Putin instructed the government and the Central Bank to amend legislation that would determine the status of cryptocurrencies and tax miners.

Photo: HANK50