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LEAKED: Russia's ENTIRE Economy Is About To IMPLODE
On Thursday, January 20, , the Central Bank of Russia proposed a ban on cryptocurrencies as well as crypto mining. The proposed ban was meant to prevent. Crypto mining could be legal in Russia as soon as , according to the Chairman of the State Duma Committee on Financial Market Anatoly. has sanctioned Bitriver, the largest Russian provider for green cryptocurrency mining, in fear that the crypto farm could help Russia evade US sanctions.

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On top of that, increased regulatory scrutiny and taxation in the U. Russian Government supporting crypto mining. Bitmain lists a Moscow office on its website. Mind Matters. Unlike the United States and Canada, which have moratoriums on various areas of crypto mining, Russia is granting tax breaks to crypto miners.