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://www.nobsbitcoin.com/russian-bitcoin-mining-payments-law/