Russia’s Ministry of Finance is contemplating exporting cryptocurrencies produced from mining activities taking place within the country’s borders.
According to the ministry, the export mechanism for cryptocurrencies would work similarly to how the country exports its natural gas.
Russian Miners To Sell Crypto
According to reports, Russia’s Deputy Minister of Finance, Ivan Chebeskov, discussed the possibility of allowing Russian miners to sell cryptocurrency during the round table on “Cryptocurrency and the future of digital finance.” Speaking to Russian media outlets, Chebeskov stated,
“There is an option and a bill – to use the export of cryptocurrency as a product of mining activity. That is, there is special legislation for the export of gas. For example, using this example, we developed a concept, a project so that a miner could export the product of what he mined, that is, cryptocurrency, as an export product. Such a legislative initiative is also being form
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