Russia plans to allow 'non-residents' access to cryptocurrency platforms to help Bitcoin miners sell BTC

Time:2022-02-11 02:00 Source:Internet Copy share

The Russian government appears to be laying the groundwork for the legalization and regulation of Bitcoin and the crypto mining industry — and is already planning a way for miners to sell tokens to overseas buyers, even after the country starts regulating cryptocurrency exchanges . With the direct intervention of President Vladimir Putin, the long-standing standoff between the Treasury Department and the central bank, which is staunchly opposed to cryptocurrencies, appears to have ended, according to reports. According to reports, parties are now in favor of a draft bill that would seek to remove anonymity from the crypto space and force crypto exchanges to register with the new super-regulator.

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