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Russia Set to Recognize Bitcoin Mining as Economic Activity

by SB Crypto Guru News
June 10, 2024
in Mining
Reading Time: 1 min read
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Russia Set to Recognize Bitcoin Mining as Economic ActivityAccording to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would be assigned an OKVED code, which classifies company activities for licensing […]



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