Russia’s Finance Ministry proposes to export cryptocurrencies as natural gas-like commodities

The Russian Ministry of Finance has proposed a proposal to export cryptocurrencies as a product of mining activities, a move aimed at putting them on equal footing with traditional exports such as natural gas. Deputy Finance Minister Ivan Chebeskov outlined that the proposed cryptocurrency export regulations would be very similar to gas export regulations, allowing miners to sell their digital assets as exportable products. The proposal follows the submission of a bill to the State Duma in November 2022 that seeks to legalize BTC mining and establish a sales mechanism. The bill includes provisions banning cryptocurrency advertising and requires sales to be conducted through foreign platforms, excluding the use of Russian information infrastructure. (Cryptonews)