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Breaking: Russia’s Authorities To Introduce Crypto Mining Law This Year

CoinGape LogoCoinGape2 mo ago

Breaking: Russia’s Authorities To Introduce Crypto Mining Law This Year - CoinGape

Quick Summary:

Russia’s Ministry of Finance and the Bank of Russia agree on a draft bill to regulate crypto mining in the country.

The authorities aim to allow crypto mining in only energy-rich regions with hydroelectric and nuclear power plants.

Also, the central bank and finance ministry will ban crypto mining in energy-scarce regions.


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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 13:50:38 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1148 (out of 3448 stories this day)

News Source URL: coingape.com

Language: English

Article Length: 51 words

Reading Time: 1 minutes read

Sentences: 32 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 620492

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

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The story "Breaking: Russia’s Authorities To Introduce Crypto Mining Law This Year" has 51 words across 32 sentences, which will take approximately 1 minutes for the average person to read.

Which news outlet covered this story?

The story "Breaking: Russia’s Authorities To Introduce Crypto Mining Law This Year" was covered 2 months ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 33 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #620492
  • URL: https://beamstart.com/news/breaking-russias-authorities-to-introduce-16644594

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