Russia Establishes Cryptocurrency Mining Equipment Registration System to Enhance Oversight

BlockBeats News, July 7th, according to Coindesk, as one of the measures taken in the cryptocurrency field over the past few years, the Russian Ministry of Energy announced the establishment of a cryptocurrency mining equipment registry to identify and regulate mining operations, subjecting them to new tax and regulatory rules. It is reported that the relevant registry has been distributed to regions where mining activities are frequent and will help authorities track and monitor miners' energy consumption.