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Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says – Regulation Bitcoin News
Summary by Ground News
A high ranking member of Russia's parliament suggested that Russia could legalize crypto mining, and stablecoins supported by gold under government supervision. This statement follows a proposal by Bank of Russia to ban cryptocurrency mining and trading. A working group at the State Duma, the lower house of parliament, is preparing proposals to fill the regulatory gaps in the Russian crypto space.
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