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    <p>Crypto miners in <a rel="noopener noreferrer nofollow" title="Russia" href="https://thebittimes.com/tag/russia.html">Russia</a> may benefit from special legislation next year, that allows them to <a rel="noopener noreferrer nofollow" title="export" href="https://thebittimes.com/tag/export.html">export</a> their <a rel="noopener noreferrer nofollow" title="mined" href="https://thebittimes.com/tag/mined.html">mined</a> <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency as an <a rel="noopener noreferrer nofollow" title="export" href="https://thebittimes.com/tag/export.html">export</a> <a rel="noopener noreferrer nofollow" title="product" href="https://thebittimes.com/tag/product.html">product</a>.</p>
    <p>Deputy minister of finance Ivan Chebeskov discussed the plans at a round table about the future of digital finance, according to local outlet RBC.</p>
    <p>“There is an option and a bill to use the export of cryptocurrency as a product of mining activity. That is, there is special legislation for the export of gas,” Chebeskov said (translated from Russian).</p>
    <p>A bill regulating crypto mining in Russia has been in the works for years, marked with periodic delays thanks to disagreements with Russia’s central bank. However, Chebeskov has recently said that a “common ground” is slowly being found.</p>
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       US sanctions Russian woman for laundering oligarch funds with crypto
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    <p><em>Read more: Russian founder of sanctioned exchange Garantex starts Tether desk</em></p>
    <p>Under this legislation, crypto mining would be seen as a legitimate industry. Russia’s central bank, however, insists that miners would need to sell crypto exclusively on overseas platforms to non-residents of Russia.</p>
    <p>The Bank of Russia is also working on a bill to introduce an “experimental legal regime” for cryptocurrencies to be used exclusively in export-import deals.</p>
    <p>These proposed legislations come in response to global sanctions placed against Russia following its invasion of Ukraine.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/russia-toys-with-bill-for-mined-crypto-to-become-export-product-tbt73683.html">https://thebittimes.com/russia-toys-with-bill-for-mined-crypto-to-become-export-product-tbt73683.html</a></p>

Russia toys with bill for mined crypto to become export product

TheBitTimes

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