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Bitcoin Bonanza: Russia Mines 54,000 BTC, Legalizes Mining

Summary by Crypto News Flash
According to reports, Russia’s Bitcoin mining in 2023 brought 54,000 new Bitcoin (BTC) into circulation, generating a tax revenue of $556 million for the government.  The country is expected to make a bold decision to permit the central bank to move digital assets overseas following the imposition of sanctions on Russian banks.  The director of the Industrial Mining Association, Sergey Bezdelov, disclosed at the just-ended Industrial Mining …
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TaxesTaxes
Eastern Economic ForumEastern Economic Forum
Central BankCentral Bank
SanctionsSanctions
BitcoinBitcoin
Russia, Moscow OblastRussia, Moscow Oblast
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