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Russian central bank exec is OK with crypto mining under one condition

Mining operators, Cryptocurrencies, Speaking, Cbr continues, Consolidated stance, Personal reenactment, Kirill pronin, Head, Earlier proposed one, Lead1 min read

Kirill Pronin, head of Russian Central Bank’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. The executive expressed his views on mining at the Saint-Petersburg International Legal Forum on Wednesday, June 29. The CBR continues to lead the battle against the efforts to legalize crypto in the country. In May 2022 the fresh draft of the law “On mining in the Russian Federation” appeared in the database of the lower chamber of the Russian parliament. The latest version spares the mining operators from the obligation to register in a special registry, and sweeps away the earlier proposed one-year tax amnesty. The new draft of a law ‘On Mining in the. Russian Federation Source

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