minage
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đšđ Telecommunications giant Deutsche Telekom is launching into Bitcoin #minage .
đïž #Deutsche Telekom is the leading European telecommunications company, and it has already experimented with blockchain. This latest initiative is, however, significant: it launches into the mining of #cryptomonnaies , probably Bitcoin. The news was announced by the company's Web3 manager, Dirk Röder, as part of the #BTC Prague conference, which took place last Friday.
đč Dirk Röder recalled that Deutsche Telekom has already been operating nodes since 2023 for the Bitcoin network as well as the Lightning Network.
đ¶ Questioned by a presenter, Deutsche Telekom manager #Web3 confirmed that it was indeed Bitcoin mining. We don't know more on the subject at the moment, but it is a significant step forward. The company is in fact the largest telecommunications company in Europe: it currently weighs 120 billion dollars.
đïž #Deutsche Telekom is the leading European telecommunications company, and it has already experimented with blockchain. This latest initiative is, however, significant: it launches into the mining of #cryptomonnaies , probably Bitcoin. The news was announced by the company's Web3 manager, Dirk Röder, as part of the #BTC Prague conference, which took place last Friday.
đč Dirk Röder recalled that Deutsche Telekom has already been operating nodes since 2023 for the Bitcoin network as well as the Lightning Network.
đ¶ Questioned by a presenter, Deutsche Telekom manager #Web3 confirmed that it was indeed Bitcoin mining. We don't know more on the subject at the moment, but it is a significant step forward. The company is in fact the largest telecommunications company in Europe: it currently weighs 120 billion dollars.
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đš Russia: Would Vladimir Putin like to focus on cryptocurrency mining?
âïž Osman Kabaolev, the deputy director of the financial policy department of the Ministry of Finance, confirmed the news to local media Izvestia. For the moment, Bitcoin mining is not recognized as an economic activity in the middle of the Russian Federation
âïžBut the Ministry of Finance wants to change this: cryptocurrency mining will soon have an OKVED code, that is to say a classification which details the nature of an economic activity. This classification governs in particular the specificities linked to taxes and state aid. This is also what opens the door to certain licenses
âïž But before this happens, a law governing cryptocurrency mining will need to be approved, again according to Oman Kabaolev. This would take Bitcoin miners out of the gray zone in which they currently operate. Russia has not in fact legislated clearly on this subject.
âïž We recall that last March, Vladimir Putin signed a law authorizing digital financial assets and central bank digital currencies (MNBC) for international payments. The law governing mining and cryptocurrencies in general would therefore be a logical continuation. #minage #russia #cryptomonnaie #bitcoinhalvingn
âïž Osman Kabaolev, the deputy director of the financial policy department of the Ministry of Finance, confirmed the news to local media Izvestia. For the moment, Bitcoin mining is not recognized as an economic activity in the middle of the Russian Federation
âïžBut the Ministry of Finance wants to change this: cryptocurrency mining will soon have an OKVED code, that is to say a classification which details the nature of an economic activity. This classification governs in particular the specificities linked to taxes and state aid. This is also what opens the door to certain licenses
âïž But before this happens, a law governing cryptocurrency mining will need to be approved, again according to Oman Kabaolev. This would take Bitcoin miners out of the gray zone in which they currently operate. Russia has not in fact legislated clearly on this subject.
âïž We recall that last March, Vladimir Putin signed a law authorizing digital financial assets and central bank digital currencies (MNBC) for international payments. The law governing mining and cryptocurrencies in general would therefore be a logical continuation. #minage #russia #cryptomonnaie #bitcoinhalvingn
