Russia Approves Bitcoin Mining & Experimental Cross-Border Exchange Regime
  • Oversight of mining activities will be divided among various institutions, with the Bank of Russia holding primary authority.
  • The authorized body and the central bank will also have the right to impose a ban or restrictions on digital currency transactions to "preserve Russia's monetary stability."
  • The law also imposes a ban on advertising cryptocurrencies and offering them to an unlimited audience.
  • Under the new law, the central bank will also establish a experimental infrastructure for cryptocurrency payments, with details yet to be announced.
  • The new law will not lift an existing ban on cryptocurrency payments inside Russia.
    https://m.stacker.news/42719