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Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP

Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state...

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Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP
 
Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto trading and investment. The news comes shortly after the Central Bank’s recent proposal, suggesting a ban on crypto and token mining....
Read More: Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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