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The new law could affect confidence in Russia’s crypto market, but the overall impact on the ruble depends on broader economic factors.
Esto no es asesoramiento de inversión. La exposición de mercado se basa en análisis condicional de eventos.
Russia’s State Duma has passed a bill on its first reading that criminalizes illegal cryptocurrency mining, imposing fines or prison sentences of up to five years. This law aims to regulate the growing crypto mining sector and address concerns about unauthorized electricity use and financial crimes. The legislation could impact miners operating without licenses and influence Russia’s broader approach to digital currencies.