Russian law legalises crypto mining, sales under 'experimental legal system'

Russian law legalises crypto mining, sales under 'experimental legal system'

Cryptocurrency mining and sale of the cryptocurrency mined could be legal in Russia if a bill is passed by parliament. A Russian platform for cryptocurrency sales will be set up if the law is passed, and Russian miners will be able to use foreign platforms. Russian currency controls and regulations would not apply to the transactions, but they would have to be reported to the Russian tax service. (Read More)