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Putin Requests Russian Government to Regulate Bitcoin Mining by Mid-2018

Category: Bitcoin, Mining, News, Regulation

Putin Requests Russian Government to Regulate Bitcoin Mining by Mid-2018

According to a series of orders translated by Motherboard, Russian President Vladimir Putin has tasked the Russian government to introduce regulatory frameworks around bitcoin and cryptocurrencies by mid-2018. Specifically, Putin requested the impose a licensing program for cryptocurrency miners, requiring them to register with the government within the next 12 months. Purpose of Mining Regulations: Taxing Miners Most major bitcoin…

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