Russia toys with bill for mined crypto to become export product
Crypto miners in Russia may benefit from special legislation next year, that allows them to export their mined crypto currency as an export product . Deputy minister of finance Ivan Chebeskov discussed the plans at a round table about the future of digital finance, according to local outlet RBC. “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). 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. US sanctions Russian woman for laundering oligarch funds with crypto Read more: Russian founder of sanctioned exchange Garantex starts Tether desk Under this legislation, crypto mining would be seen as a legitimate indu...