The Deputy of legislative Assembly of the Leningrad region proposed to include mining in NACE

© Fotolia / ргіма91Электронная currency bitcoin. Archival photoThe Deputy of legislative Assembly of the Leningrad region proposed to include mining in NACE© Fotolia / prima91

The Deputy of legislative Assembly of Leningrad region Vladimir Petrov sent an appeal to Prime Minister Dmitry Medvedev with a proposal to include the production of cryptocurrencies in the Russian classification of economic activities (OKVED).

«Maybe the first step of the state to regulate the «mining» and the production of cryptocurrencies on the territory of the Russian Federation could be the inclusion of this activity in the national classification of economic activities. This step would allow to obtain official data about the number of people involved in the production of cryptocurrencies, for further study of this industry in terms of integration of mining in the Russian economy in whole», — reads the statement of the Deputy, a copy of which is available to RIA Novosti.

Ask the MP to consider the proposal and make a decision about whether the production of cryptocurrencies in NACE.

Petrov notes, in recent years this kind of activities like mining cryptocurrencies became widespread.

«This type of financial activity, despite its uncertain legal status in our country, is popular with hundreds of thousands of our compatriots to invest on the creation of entire «mining farms» for the production of virtual currency, which is to say, it is already possible to perform operations on payment of goods and services, even in the territory of the Russian Federation», — the statement says.

The MP believes that sooner or later the legislative bodies of Russia will have to start regulating the industry due to the clear trend towards the expansion of the market and the emergence of a strong demand among the population for various cryptocurrencies. «Moreover, some foreign countries are already making the first attempts to regulate the production of cryptocurrencies population,» he adds.

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