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Kremlin Aide: Crypto Mining is a ‘Hidden Export’ Skewing Ruble Forecasts

An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate forecasts, calling it a “new, undervalued export item.” Undervalued Export and Hidden Curren...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kremlin Aide: Crypto Mining is a ‘Hidden Export’ Skewing Ruble Forecasts
An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate forecasts, calling it a “new, undervalued export item.” Undervalued Export and Hidden Currency Flows Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office and a key economic aide to Russian President Vladimir Putin, […]

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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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