of the Central Bank of Russia cryptocurrency Following the recommendations to ban mining units and mining, a statement came from Putin as well.
Russian President Putin cryptocurrency mining Expressing that Russia has some advantages in this regard, he asked the Ministry of Economy and the Central Bank to reach an agreement on cryptocurrencies.
Not so long ago, in a report published by the Central Bank of Russia, only 6 days ago, it was recommended to ban cryptocurrencies and mining. The Central Bank cited the spread of illegal use and the risks posed by crypto assets as reasons for the bans.
This attitude of the Central Bank was not supported by the government. Because Russian officials have stated in their previous statements that they are looking for ways to benefit from cryptocurrency mining.
The abundance of energy resources in Russia will make cryptocurrency mining attractive. Aware of this, Putin instructed to find a middle ground between the Ministry of Economy and the Central Bank in order not to miss this opportunity.
Putin is not a statesman who is biased towards cryptocurrencies. Because, in a speech he made on October 14, he stated that he believes that cryptocurrencies have a value, but it is too early to say that they will replace the dollar.