Russia establishes a registration system for cryptocurrency mining equipment to strengthen regulation

ChainCatcher news, according to Coindesk, as one of the measures taken in the cryptocurrency sector over the past few years, the Russian Ministry of Energy has announced the establishment of a registry for cryptocurrency mining equipment 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 with frequent mining activities and will help authorities track and monitor miners' energy consumption.