Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Trade Thrives

by Jeremy

Not one of the “sanctions focusing on Russia fully prohibit involvement within the mining sector,” stated David Carlisle, vp of coverage and regulation at Elliptic, a blockchain analytics agency. Nonetheless, there are “important dangers” for corporations working in Russia’s mining sector: they will’t do enterprise with sanctioned entities together with mining internet hosting agency BitRiver, or make funds to state banks and corporations, Carlisle added.

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