A bill on mining cryptocurrencies is being currently held in the Russian state of Duma. According to the local media, deputy chairman of the State Duma Committee on Information Policy, Anton Gorelkin stated that the measure about mining cryptocurrency is being presented to the body on Friday. The bill comes at a time when globally there has been a surge in including the crypto sphere under regulation- though some stand good while others bad.
Russian State of Duma To Enforce New Mining Cryptocurrency Law
Local media reports also highlight that the draft law states that the only people who can mine digital currency will be those who are Russian legal entities or individual entrepreneurs listed in the relevant register, as long as they don’t use more energy than the government has set as their daily limit.
“We firmly believe that the use of digital currency to legalize illicit gains, fund terrorism, or engage in other illegal activities must be prohibited. Consequently, the bill stipu
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