Russian Deputy Proposes Bill To Legalize Bitcoin Mining, Forms Working Group
Russia wants to provide regulatory clarity for the industry and gather a cut from the miner's profits by operating there.Russia wants a cut of bitcoin miners' profits as the country's hashrate grows.Lawmakers have proposed on November 11 to legalize the industry and created a working group to discuss the issue.Although mining isn't illegal there, regulatory clarity still lacks and prevents government agencies from capitalizing.The State Duma, one of the chambers of the Russian parliament and legislative authority, has proposed to legalize bitcoin mining as the country becomes a prominent....
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