Could Russia Become the World’s Crypto Capital? – Sri Lanka Guardian
As the global cryptocurrency landscape evolves, Russia is positioning itself as a serious contender for the title of the world’s crypto capital. With strategic policies, abundant resources, and ambitious plans for growth, Russia is making strides that could potentially place it at the forefront of the crypto revolution.
Russia has taken decisive steps to establish itself as a leader in cryptocurrency mining and regulation. The country has recognized mining as a legal and regulated industry, introducing taxation and oversight frameworks to legitimize and boost the sector. At the Eastern Economic Forum (EEF) in September 2024, President Vladimir Putin reaffirmed Russia’s leadership in crypto mining. Statistics…