- The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia.
- The main reason why a mining law has not been adopted yet is that various Russian authorities do not have a unified position on the matter, emphasized Efim Kazantsev, expert from the Moscow Digital School.
- Kazantsev also thinks that the most likely scenario is the adoption of a comprehensive bill such as the Finance Ministry’s draft law “On Digital Currency”.
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
