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Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
Crypto mining tax revenue fell by over 50% for Kyrgyzstan, netting just over $535,000 for the country's budget.
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Starting Wednesday, cryptocurrency mining has been restricted or outright banned in ten Russian regions due to electricity ...
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The Russian government has approved a decree banning cryptocurrency mining in 10 regions from January 1, 2025, according to TASS.
The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, Tass reported.The ban, ...
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Russia will ban crypto mining in 10 regions from January 2025 to address energy shortages and balance electricity use.