Miners in Russia can submit crypto mining reports online

The Russian tax service has developed an online reporting function for miners. This was reported by the press service of the agency.

Taxpayers can use the service by logging into their personal account with a qualified electronic signature. To submit information about received digital assets, individuals need to fill out a form in the "mining" section of their personal account, while legal entities should use the "digital currency mining" section.

The crypto mining report must be submitted no later than the 20th of the month following the month in which digital assets were received.

Earlier, Igor Runets, president of Russia's largest mining company, BitRiver, stated that in a couple of years, Russia could become the world's leader in cryptocurrency mining.