Russia working on a new bill to regulate crypto mining

  • Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining.
  • The popularity of cryptocurrencies, rising with their market value, has drawn the attention of the nationalist faction in the State Duma, the lower house of the Russian parliament.
  • The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally.
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