Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported. The first law fully legalizes cryptocurrency mining in Russia from Nov. 1, 2024. Legal entities and individual entrepreneurs registered with the Ministry of Digital Development can engage in mining. The cabinet of ministers will independently establish a scope of requirements for activities of the mining infrastructure operators. Miners will also need to provide information to the government-authorized body.
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