Russia’s crypto mining registry was developed jointly by the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development to monitor energy usage and establish a foundation for taxation and regulation

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Developed through a joint effort by Russia's Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development, the registry's primary goal is to identify energy consumption by mining operations accurately. This sets the ground for applying taxes and regulations

The initiative is a joint effort by the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development, as part of a national strategy to legalize the sector and reduce unauthorised energy consumption.