Russia issues new regulations for cryptocurrency mining, requiring miners to report income before the 20th of each month
According to Bitcoin.com News, Russia has issued new regulations for cryptocurrency mining, stipulating that miners must report their income before the 20th of each month and only approved entities can operate mining businesses. The new rules specify that those with a record of financial crimes will be prohibited from engaging in cryptocurrency mining activities. In addition, Russia will also establish a national miner registration system to strengthen regulation of the cryptocurrency mining industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Crypto prices
More
