Bitcoin mining finds fresh support from Russian Finance Ministry
While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto. As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support for Bitcoin (BTC) mining.Russia should encourage the development of industrial-level cryptocurrency mining in the country, the Ministry’s director of the financial policy department Alexey Yakovlev urged.There’s also no point in banning retail or household Bitcoin mining, Yakovlev said, as the local publication....
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Finance Ministry’s Push to Legalize Russian Crypto Space Gains Traction
Russian authorities are moving towards the adoption of a comprehensive legal framework for cryptocurrencies, despite the central bank’s persisting opposition. The Finance Ministry’s....