Cryptocurrency ban in Russia? Know what Vladimir Putin did
President Vladimir Putin backs a Russian government proposal to tax and regulate mining of cryptocurrencies, rejecting the central bank’s proposal to ban it completely, according to three people familiar with the matter. Putin supports the proposal to restrict mining to regions with a surplus of electricity, such as Irkutsk, Krasnoyarsk and Karelia, the people said, asking not to be identified because the information is not public.