Russia | Amazing Crypto

Bitcoin mining’s future is green, and Russia has the best chance

Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining.

Talk of CBDCs and Facebook’s Libra headlined this week’s policy news, as international organizations weigh in on both.

U.S. investors can invest in tokens representing rare metals as Russian mining giant Nornickel expands its tokenization firm.

The first pilots of Russia’s digital currency are expected to launch in H1 2021.

The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.

Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740.

Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors.

The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.

The Russian central bank said it’s starting public consultations on the possibilities of issuing a CBDC.

Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”