Tag: legalization
Russian businesses are trading in cryptocurrencies despite the absence of regulations, officials admit
Due to their limited access to international finance, Russian businesses have started transacting in cryptocurrencies with their international partners. Even though these are still...
Bank of Russia is prepared to legalize cryptocurrency mining if miners export coin production
The legalization of cryptocurrency mining would be supported by the Central Bank of Russia, provided that the earnings from the activity are converted to...
According to a Finance Ministry official, Russia will not try to outlaw crypto mining at home.
It would be difficult to restrict crypto mining in Russian households, according to a high-ranking representative of the Ministry of Finance in Moscow. As...