Post by: newshunter on November 20, 2022, 07:00:26 AM
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.
Source: Russian bill would legalize crypto mining, sales under ‘experimental legal regime’ (https://cointelegraph.com/news/russian-bill-would-legalize-crypto-mining-sales-under-experimental-legal-regime)
Would appreciate your opinion about this
Post by: Alcor on November 23, 2022, 06:05:05 AM
On November 17 of this year, a rather controversial bill on cryptocurrency mining was submitted to the State Duma of the Russian Federation. He proposes to "regulate" the activity of mining cryptocurrency, and in fact - its ban on the territory of the country. “The circulation of cryptocurrency will be prohibited by law,” said Anatoly Aksakov, chairman of the Russian State Duma committee on the financial market. The Russian parliamentarian added that the bill on mining, introduced on November 17, provides for a complete ban on the circulation of cryptocurrency.
Thus, according to the scandalous bill, the digital currency obtained as a result of mining will henceforth be subject to "realization without the use of the Russian information infrastructure." Exceptions are provided only for “transactions in the experimental legal regime”, that is, those made only by the authorities of the Russian Federation.
In fact, this is the beginning of the cryptocurrency war.
Post by: Osama Sultan on November 23, 2022, 08:57:50 PM
Post by: Senin on November 24, 2022, 11:44:04 PM
I have heard the news about Russia is supporting crypto and as we know that Russia is half of the world and in future when globe situations cool down then we will see the new all time high in crypto market and a lot of profits .Cryptocurrency is still waiting for price growth, but, obviously, already without Russia. Russia's full-scale military invasion of Ukraine in order to seize its territory and population has dramatically changed its future. Russia is now suffering a military defeat in Ukraine, its regular army has been almost completely destroyed, and there, by mobilizing the population for war, they are unsuccessfully trying to correct the situation. For the first time in Russia, mobilization for war is carried out not to defend its territory, but to capture a neighboring state. Therefore, the occupying country and the terrorist country met with a very strong rebuff to these plans from the civilized world. Unprecedented economic sanctions are gradually destroying its economy, it is increasingly isolated from other states and is turning into a second North Korea. It is likely that as a result of this war, Russia will break up into several dozen independent states. Under these conditions, a complete ban on cryptocurrencies is most likely in order to reduce the outflow of capital abroad.