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12 Dec 2017.

Russian authorities will not ban selling or buying cryptocurrencies, but are thinking about regulating cryptocurrency mining.

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In the past three years, illegal crypto mining facilities in Russia have stolen electricity worth almost $6.6 million. The.

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Russia’s Ministry of Economic Development is pushing back against a ban on cryptocurrency planned in new legislation.

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To Putin, cryptocurrency represents an economic threat, and this has led him to push for heavier Russia cryptocurrency regulation. Buying Bitcoin.