Published 1 month ago

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

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