🚀 **Breaking News: Putin Legalizes Crypto Mining in Russia!** 🚀

In a bold move, Russian President Vladimir Putin has officially signed a law legalizing cryptocurrency mining in Russia. This is a major step in Russia's strategy to embrace the digital economy and boost its global economic competitiveness. 🌐

**Legalization of Mining**

Only Russian legal entities and registered individual entrepreneurs can engage in large-scale crypto mining. This ensures compliance with government regulations and protects miners' interests.

**Energy Consumption Limits**

Individuals can mine without registration if they stay within government-set energy limits, safeguarding the power grid.

**International Trade**

Russia is also allowing crypto payments in international trade, aiming to enhance relations with countries like China and the UAE.

**Implications**

This move could attract investments, boost Russia's economy, and increase its share of the global hashrate by up to 10%, positioning it among the top five mining powers.

What do you think about Russia's new law? Share your thoughts in the comments! 💬