Putin Believes Russia Has Competitive Advantages In Cryptocurrency Mining

Putin instructed the government and the Bank of Russia to come to a consensus on the regulation of cryptocurrencies and report on the results.

Russian President Vladimir Putin believes that Russia has a competitive advantage in the field of cryptocurrency mining.

Cryptocurrency has pros and cons. New technologies are a source of profit. But you can also permanently lose your wallet if you forget or lose your password.

Last week, the Central Bank proposed to ban cryptocurrencies in Russia.

Putin instructed the government and the Bank of Russia to come to a consensus on the regulation of cryptocurrencies and report on the results.