Bank of Russia Allows Crypto Mining But Proposes Miners Sell Their Coins Overseas

The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows … Read more