RAKIB in September will present proposals for the certification of miners

© RIA Novosti / Vladimir Astapkovich in photobacteria with farms for mining cryptocurrency. Archival photoRAKIB in September will present proposals for the certification of miners© RIA Novosti / Vladimir Astapkovich the image Bank

Russian Association of kryptonyte and blockchain (RAKIB) in September will present the proposals for the certification of miners, document creation is done by market participants, said in an interview with RIA Novosti Director of the Association Arseny Weltzin.

Currently, the activities of the miners is not regulated, but not prohibited. Bottom cryptocurrency as ordinary citizens, and the whole company. There are various services for lovers of virtual money, such as mining hotels that offer for a fee to place equipment on its area. Because the mining process is quite expensive, as is spending large amounts of electricity, on the market there are also unscrupulous miners resort to various tricks in order not to pay the bills.

«There were precedents when the creators mining hotels simply disappeared, taking equipment, and the property owner didn’t even know that it was mining-hotels», — said Weltzin.

According to him, the initiative of the authority comes from the market participants themselves, who want to work «in the white zone». «Now the miners prepare standards for certification, the document is expected in September,» — said the head of RAKIB.

To obtain a certificate the miners will have to comply with more than 30 points of the rules. «It will be about the necessary licenses, and about requirements for premises, electricity, legal aspects», — said Weltzin.

The legal status of cryptocurrencies, ICO, mining and crowdfunding in Russia is not yet defined. In March, the state Duma was introduced three bills designed to close this gap and create the regulations in the field of digital economy. Second reading scheduled for the autumn. The Bank of Russia has repeatedly stated that he does not consider valid exchange cryptocurrency in rubles, foreign currency or other property, because even when you identify the ultimate owner will open the possibility of legalizing the questionable transactions. At the same time, the regulator considers it possible to allow this exchange for the tokens produced in the framework of the Russian ICO and not having a payment function.

RAKIB in September will present proposals for the certification of miners© Integratiebeleid and bitcoin