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Cryptocurrency Mining Gets Green Light in Russia, Putin Signs New Law
Russia took a significant step in legalizing cryptocurrency mining in the region. The new law has strict limitations, allowing only specific groups to undertake the activity. A new law signed by President Vladimir Putin now recognizes crypto mining as a legal activity for entities listed in a state registry, local media agency Tass reported. This step signals the country’s desire to embrace the digital economy while controlling its potential financial impact. Who Can Mine Under this new legislation, only Russian legal entities and registered individual entrepreneurs may mine digital currency. However, individual ... (full story)
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- Posted: Nov 4, 2024 8:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 143
