2024

Bitcoin

Coin

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 <li>Russia legalizes cryptocurrency mining, recognizing it as a crucial part of its digital economy. </li> 
 <li>New Russian law allows only registered entities to mine, with strict energy limits for individuals. . </li> 
 <li>Russia’s crypto push includes trading foreign digital assets on local blockchain platforms.</li> 
</ul>   
Russia took a significant step in crypto regulation; in the mining sector. President Vladimir Putin has signed legislation that legalizes cryptocurrency mining in Russia. The new laws, passed by the State Duma, will be effective November 1, 2024.   
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 Breaking: Putin signs both crypto laws. The State Duma passed two bills on Tuesday. Putin signs them today. – Legalizing cryptocurrency mining from November 1, 2024. – Crossborder settlements and exchange trading in digital currency. Russia are going full crypto.— MartyParty (@martypartymusic) <a href="https://twitter.com/martypartymusic/status/1821554898825306451?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 8, 2024</a>
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The new law introduces several key concepts related to cryptocurrency mining. These include digital currency mining, mining pools, and mining infrastructure operators. Only Russian legal entities and registered individual entrepreneurs will be allowed to mine. However, individual miners can still participate wi…
The post <a href="https://coinedition.com/russia-legalizes-crypto-mining-shakes-up-bitcoin-scene/">Russia Legalizes Crypto Mining, Shakes Up Bitcoin Scene</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Russia Legalizes Crypto Mining, Shakes Up Bitcoin Scene

Coin Edition

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