Russia May Legalize Cryptocurrency Mining Next Year
Russia’s Parliament received a new draft law on the regulation of the mining industry last week.
Russia’s Parliament received a new draft law on the regulation of the mining industry last week.
Kraken has joined the list of cryptocurrency services that have stopped offering their services to Russian users.
The authorities of the European Union have just approved a new sanctions package including clauses prohibiting Russians from using crypto wallets and trading platforms for transactions with digital assets.
The Bank of Russia has softened its position on cryptocurrencies and has agreed to the international use of such tools to circumvent economic sanctions.
The Russian government is exploring the possibility of supplying electricity to Kazakhstan for the needs of crypto mining companies.
The European Union is preparing a new sanctions package against Moscow.
The Central Bank of Russian believes it is impossible to recognize cryptocurrencies and stablecoins as means of payment.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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