Cryptocurrency miners from 15 countries will come together in Moscow this week to tell Russian parliamentarians how cryptocurrencies are mined and how they are regulated in each country, Bitcoin.com reported.
The event will be attended by representatives of both the Russian side and foreign countries.
“The main theme is the discussion of the world of cryptocurrency,” deputy chairman of the State Duma Committee for Education and Science, Boris Chernyshov said.
“At the meeting, “we will have some experimental samples of mining farms, maybe we will show them, some might bring them in. We will have a robotic system, that is, we will try to look into the future of the currency, the future of banking,” he detailed.
Representatives from the United States, from India, from Israel, from Armenia, from Turkey are speaking here. They are keynote speakers…Other representatives will speak during the sessions, Chernyshov added.
Based on the results of this meeting, the Russian regulators plan todraw up recommendations, appeals to the government of the Russian Federation and other specialized agencies, and form legislative initiatives.
The bill for the regulation of cryptocurrencies and initial coin offerings (ICOs) in Russia will be presented on December 28, according to the chairman of the State Duma Financial Markets Committee, Anatoly Aksakov.
This bill was developed jointly by the Ministry of Finance, the Central Bank, and State Duma deputies.