Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP

Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation - with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto trading and investment. The news comes shortly after the Central Bank's recent proposal, suggesting a ban on crypto and token mining....