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Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’

Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion in Turnover Expected From Russia’s Bitcoin […]

Ethereum, Solana and Altcoins Approaching ‘Banana Zone,’ According to Macro Guru Raoul Pal – Here’s His Outlook

Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad

Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins AbroadThe Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator’s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies for payments, even if only internationally. Central Bank of Russia […]

Ethereum, Solana and Altcoins Approaching ‘Banana Zone,’ According to Macro Guru Raoul Pal – Here’s His Outlook

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs

Russian Officials Back Idea of Recognizing Crypto Miners as EntrepreneursCryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the […]

Ethereum, Solana and Altcoins Approaching ‘Banana Zone,’ According to Macro Guru Raoul Pal – Here’s His Outlook

Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest

Kazakhstan Expects .5 Billion From Crypto Mining in 5 Years, Estimates SuggestCrypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next five years. Kazakhstan Makes Millions From Cryptocurrency Miners Kazakhstan’s […]

Ethereum, Solana and Altcoins Approaching ‘Banana Zone,’ According to Macro Guru Raoul Pal – Here’s His Outlook