Russia Approaches Crypto Cautiously, But Bets Big on Mining, CryptoSlate

Russia Approaches Crypto Cautiously, But Bets Big on Mining, CryptoSlate

Te late May of this year, Putin astonished the world with his newfound trust and excitement for Bitcoin. Since then, we’ve bot eyeing some hopeful developments ter Russia’s relationship to blockchain, Bitcoin, and the crypto-world.

It began spil a rocky relationship. Spil recently spil 2016 legislation wasgoed being shoved through the Russian government to downright verbod all cryptocurrency usage, with casual Bitcoin users facing a 500,000 ruble fine or Four years ter jail and crypto-miners facing up to 7 years ter jail.