Russia Adopts Crypto Mining and International Crypto Payments to Navigate Sanctions Pressure: Chainalysis Report

According to a recent Chainalysis “Policy and Regulation” report, Russia is taking bold steps to counter Western sanctions by passing legislation that legalizes cryptocurrency mining and allows the use of crypto for international payments. This marks a significant policy shift in the country, where cryptocurrencies were once heavily restricted. Chainalysis stated that the bills, signed […] source: https://www.cryptoglobe.com/latest/2024/09/russia-adopts-crypto-mining-and-international-crypto-payments-to-navigate-sanctions-pressure-chainalysis-report/