Big news in the crypto world đ¨
Russia is set to legalize Bitcoin mining starting November 1st marking a significant shift in the country's stance towards cryptocurrencies .President Vladimir Putin has signed a bill into law that will regulate crypto mining allowing approved mining firms to register via a state database and individual miners to join the fray . This move is expected to boost Russia's crypto industry and provide a fresh wave of momentum for Bitcoin enthusiasts.
đRussia's decision to legalize Bitcoin mining acknowledges the legitimacy of crypto mining as a business .
đ This move may encourage more people to explore crypto mining, potentially leading to increased adoption .
đ The new law provides a framework for crypto mining, ensuring that the industry operates within established guidelines .
