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Tag: Russia

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Bitcoin Mining Could Be Strengthening The Ruble, Russian Central Bank Says
Bitcoin mining may be providing incremental support to the Russian ruble, Central Bank Governor Elvira Nabiullina said, while cautioning that the effect is difficult to measure because much of the sector still operates in a legal and reporting gray zone.… Read full article
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Central Bank of Russia Acknowledges Bitcoin Mining as a Ruble Strengthening Activity
The Central Bank of Russia recently referred to the properties of bitcoin mining and how it could help strengthen the Russian ruble. Elvira Nabiullina, head of the institution, stated that it was still difficult to assess the contribution of the… Read full article
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