🇷🇺 The State Duma adopted in the first reading a bill that will legalize cryptocurrency mining in Russia.

▪️The document was introduced by a group of deputies led by the Chairman of the Duma Committee on the Financial Market Anatoly Aksakov. It establishes in the legislation of the Russian Federation the procedure and conditions for mining digital currency.

▪️The bill helps reduce the risks of illegal mining activities and related offenses. Established requirements and controls make it difficult to circumvent the law and use digital currencies in illegal transactions. Regulation of mining at the legislative level can stimulate the development of the industry, attract investment and create new jobs,” Nikita Chaplin, a member of the Budget and Tax Committee, commented to reporters.

▪️At the same time, he noted, citing expert estimates, that miners in Russia last year produced about 54 thousand bitcoins worth more than 3.5 billion dollars#BTC $BTC