Russian media: Putin signed a law legalizing cryptocurrency mining in Russia

Golden Ten Data on August 8, according to TASS news agency, Russian President Vladimir Putin signed a law to legalize cryptocurrency mining in Russia. Only registered Russian legal entities and individual entrepreneurs have the right to mine. Individuals who do not exceed the energy consumption limits set by the Russian government will have the right to mine digital currencies without registering. According to the document, foreign digital financial assets can be traded on the Russian blockchain platform, and the Central Bank of Russia will have the right to prohibit individual issuance if it finds a threat to Russia's financial stability. Earlier, Putin discussed the introduction and use of digital currencies with the government at a meeting on economic issues. He noted that this is a promising economic area.