Russia’s First Deputy Prime Minister Igor Shuvalov has revealed that discussions are underway regarding the creation of government centers for cryptocurrency mining, according to local publications.
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The Russian First Deputy Prime Minister Igor Shuvalov, who is the most senior member of the cabinet besides the Prime Minister, reportedly said that his government is discussing the creation of government centers for mining cryptocurrency, RBC reported last week.
Shuvalov is responsible for the Russian federal budget and economic policies. Regarding cryptocurrency mining, “we talked about the future of this sector in Russia, given that it is developing so rapidly in the world,” he said. Among the discussions he mentioned was a question of which electricity generators exist that mining centers could be placed nearby. However, he noted that it is still a discussion with no concrete project yet, adding that:
According to Bitfury Group, Russia currently accounts for only 2% …