Mining will soon be legalized in Russia

Home » MINING » Mining will soon be legalized in Russia
2018-02-01
Mining will soon be legalized in Russia

Mining of cryptocurrency in Russia should be conducted within the framework of the law. Tokens and Initial Coin Offerings (ICO) can also be allowed on the territory of the country. This was reported by the first deputy chairman of the Central Bank of Russia, Olga Skorobogatova.

“We believe that mining is an activity that should be conducted within the framework of clear, legitimate rules. Mining in the territory of Russia will be legalized. All these details will be disclosed in corporate documents, “she noted. At the same time Skorobogatova stressed that the Central Bank has not yet discussed the issue of how the miners will be able to exchange the extracted cryptocurrency.

“Since the cryptocurrency is both means of exchange and means of investment, as investors directly perceive it, it carries huge risks at the level of macroeconomics, population and business, we take a balanced position and believe that at the moment it would be very risky to resolve its exchange and promote its promotion on the territory of Russia, “she said.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,073.49
  • ethereumEthereum$164.90
  • rippleXRP$0.327806
  • tetherTether$1.00
  • eosEOS$5.35
  • stellarStellar$0.115106
  • litecoinLitecoin$79.23
  • cardanoCardano$0.084645
  • tronTRON$0.026642
  • moneroMonero$68.44
  • iotaIOTA$0.318642
  • nemNEM$0.065881
  • dashDash$120.86
  • neoNEO$11.35
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018