The expert stated the need to regulate mining

Artem Kartashov, CEO of Mining Depot, commented to Izvestia on the impact of the new draft law on mining regulation on Russia's investment attractiveness. According to him, for foreign investors focused on the legal model, the country can become a more profitable jurisdiction.

"The bill is aimed at institutionalizing the industry, which will create a clear legal framework, eliminate illegal competition and increase predictability in energy consumption and taxation. The market is being cleared of high-risk schemes, creating a stable environment for long-term investments. However, success depends on a balanced implementation without administrative excesses — control should be constructive, with dialogue with the industry," he said.

Kartashov emphasized the role of the exchange rate: foreign investors compare transaction costs, primarily the cost of electricity, with alternative markets. With the dollar exchange rate low, the price of Russian energy in world currency is rising, reducing its attractiveness.

Answering a question about the control of miners, the expert noted that the bill assumes a comprehensive interdepartmental model without creating a new regulator. The Federal Tax Service will keep a register of operators and control taxes, energy marketing companies will record abnormal consumption, Rosfinmonitoring will track financial flows for laundering, and the Interior Ministry will stop energy theft and illegal farms. This approach will ensure systematic oversight based on existing data.

Earlier it became known that a group of United Russia deputies submitted to the State Duma a bill on the introduction of administrative responsibility for violating the requirements of legislation on digital financial assets and digital currency when mining cryptocurrencies in the Russian Federation. Read the details in the Izvestia article.

All important news is on the Izvestia channel in the MAX messenger.