Russia Establishes Cryptocurrency Mining Equipment Registration System to Strengthen Regulation

As one of the measures taken in the cryptocurrency space over the past few years, the Russian Ministry of Energy has announced the establishment of a register of cryptocurrency mining equipment to identify and regulate mining operations, and subject them to new tax and regulatory rules. It is reported that the relevant registration form has been distributed to areas with frequent mining activities and will help the authorities track and monitor the energy consumption of miners. (CoinDesk) [Odaily Planet Daily]