Russia Is Close To Legalizing Cryptocurrency Mining: Mining Permitted Zones Have Been Determined!

Russian authorities, preparing to legalize cryptocurrency mining, made statements about which regions of the country mining can be done.

According to the news of the local newspaper operating in Russia, Russian authorities made statements about the regions where cryptocurrency mining will be carried out. The Central Bank of Russia and the Ministry of Finance recently agreed on legislation designed to regulate cryptocurrency mining, which should be passed by the end of this year.

Legislators working to finalize this are not only advocating industrial-scale mining. in parts of the country that can generate more electricity than they need They said it should be allowed. Chairman of the Parliamentary Financial Markets Committee Anatoly Aksakov in other areas experiencing power outages. prohibition of mining activities made statements about the need. According to the statements made hydroelectric and nuclear power plant It was decided to allow cryptocurrency mining in regions with production.

When the regions with energy surplus are examined, it is seen that there are many hydroelectric power plants. Irkutsk Oblast and Krasnoyarsk krai with with nuclear power plants famous Tver, Saratov, Smolensk and Leningrad regions appear. It seems that the miners operating in Russia will have to move towards these regions in the coming period and start their investments in a way that will protect their own interests.

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