Russian central bank exec is OK with crypto mining under one condition


Kirill Pronin, head of Russian Central Bank (CBR)’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions.

In a kind of personal reenactment of the ongoing battle for crypto between the CBR and the Ministry of Finance, the latter’s head of the Department of financial policy Ivan Chebeskov vocally disagreed with Pronin and reminded him that there are notable challenges for Russian miners to sell their crypto abroad these days. Responding to that, Pronin stated that there are no problems with accumulating the mined wealth on the public blockchains and selling it with their help.

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