Russian President Vladimir Putin has approved a bill that will legalize cryptocurrency mining in the country from November.
It is emphasized that legal entities of the Russian Federation and individual entrepreneurs will be able to carry out the above-mentioned activities.
It is emphasized that individual entrepreneurs will have to integrate into the register of the Ministry of Digital Development of Russia, as reported by RIA Novosti .
Individuals in the Russian Federation will be able to mine digital currency without being integrated into the registry, but only in certain cases.
Important details
Thus, the above-mentioned persons will not have to exceed the energy consumption limits established by the Russian government.
Previously, it was planned to introduce a ban on the organization of circulation of digital currency in Russia.
However, the relevant decree did not receive the necessary approval.
Despite these facts, a ban on advertising cryptocurrencies will be introduced.
