<h1>Russian Officials Pitch Mining Tax, Scrap Cryptoruble Concept</h1>


russian-officials-pitch-mining-tax-scrap-cryptoruble-concept

A draft of a Russian law that would regulate the cryptocurrency space includes language that defines digital asset mining as a taxable activity. Officials discussing the proposed legislation have also revealed that the state is abandoning plans to issue its own virtual currency, which had been informally termed the “cryptoruble.”