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Russia issues new regulations for cryptocurrency mining, requiring miners to report their income by the 20th of each month

According to Bitcoin.com News, Russia has issued new regulations on cryptocurrency mining, stipulating that miners must report their income by the 20th of each month, and only approved entities can operate mining operations. The new regulations make it clear that those with financial criminal records will be prohibited from engaging in cryptocurrency mining activities. In addition, Russia will establish a national miner registration system to strengthen supervision of the cryptocurrency mining industry.