Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says – Regulation Bitcoin News

1/23/2022 11:32:00 AM

#Crypto mining can be legalized if the industry is transparent and pays taxes, Russian lawmaker says.

Crypto mining can be legalized if the industry is transparent and pays taxes, Russian lawmaker says.

Russia can legalize crypto mining and stablecoins backed by gold under government control, a member of the Russian parliament has suggested.

launched the pilot phase of its own digital ruble project.01:45 A senior Biden administration official said an interim “arrangement” is not under serious discussion.Jan.Print WASHINGTON — The top diplomats from Russia and the United States held “frank” talks Friday but failed to resolve deep differences over Ukraine, as the U.

Cryptocurrencies should be banned, Gutenev agreed, but Russia could make use of a stablecoin denominated in gold and under state control.Such a financial product would be an interesting proposition for both private investors and companies.“Regarding an interim deal, we will not negotiate in the press or comment on specific claims about the negotiations.It can also be used for saving, the deputy said, quoted by the Prime business news portal.The gold-backed stablecoin could be similar to a golden ruble, the parliamentarian elaborated, and Russia can employ it to circumvent sanctions and the policy of containment applied against the country.” The Russian government did not immediately respond to a request for comment.The coin can also be used to facilitate regular and transparent economic relations with other nations.S.

Gutenev revealed he had already discussed the idea with CBR governor Elvira Nabiullina.“If a deal is not reached in the next few weeks Iran’s ongoing nuclear advances will make it impossible to return to the JCPOA, but right now there’s still a window, a brief one,” Blinken said after meeting with Russian Foreign Minister Sergey Lavrov in Geneva.The head of the Industry and Trade Committee thinks that as an asset, gold is quite undervalued in comparison with reserve fiat currencies such as the U.S.” Under one draft interim agreement that sources said Russia presented to Iran, Tehran would be required to stop enriching uranium up to 60 percent purity and dispose of its current stockpile, possibly by exporting it to Russia, along with other restrictions.dollar and the euro.In October, the Ministry of Foreign Affairs said that Russia may consider partially replacing the greenback in currency reserves and trade settlements with other currencies, and even digital assets in the future.The discussions between Russia and Iran have taken place on the sidelines of formal talks in Vienna between Iran and world powers that are aimed at all parties returning to the 2015 nuclear deal, according to the two U.Advertisement The U.

Amid expanding U.S.officials, one Congressional official, according to the sources.sanctions, Moscow is putting an emphasis on “dedollarization,” Deputy Foreign Minister Alexander Pankin stated in an interview with Interfax.Commenting on Bank of Russia’s call for a ban on crypto mining, Vladimir Gutenev said he thinks that cryptocurrency farms can be allowed to operate legally if their activities are under strict control of the state.S.Miners can take advantage of the abundant energy resources and favorable climate conditions in some Russian regions, provided their facilities are powered transparently and they pay all due taxes.officials have accused Russia of planning a “false flag” operation as a pretext for invading.

A working group at the State Duma, the lower house of parliament, is now preparing proposals to fill the regulatory gaps in the Russian crypto space remaining after the adoption of the law “On Digital Financial Assets.Instead, the Americans have had to communicate with their Iranian counterparts via European diplomats.” Its members are expected to address the outstanding issues in several areas, including the legal status of cryptocurrencies, coin trading, and mining.Media reports have revealed that not all government institutions share Bank of Russia’s.“We would be in favor of speaking directly with the Iranian delegation and believe it would be more productive, however, Iran has not agreed,” the senior administration official said.

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Britain Says Russia Seeking to Replace Ukraine GovernmentThe British government on Saturday accused Russia of seeking to replace Ukraine’s government with a pro-Moscow administration, and said former Ukrainian lawmaker Yevheniy Murayev is being considered as a potential candidate. I stand with Russia 1 Russians Enter Berlin: Final Months of World War II (1945) | British Pathé via YouTube How the U.S. Stole Mexico via YouTube

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