Russian Minister Wants Legal Regulations Ironed out for Crypto Mining
As the Ukraine-Russia crisis deepens, the potential for energy-rich Russia to become a cryptocurrency mining hub to combat mounting sanctions is now being seriously considered by the Russian Deputy Energy Minister, Evgeny Grabchak, who wants to introduce a legal framework for mining. Grabchak announced in a TASS report on March 26, 2022, that the
Venezuelan Vice Minister Informs Capitalists to Pay in Crypto to Dodge Sanctions
According to Globovision, the remarks were made by the country's Vice Minister for Special Economic Zones Juan Arias, who "protected using cryptocurrencies" to "safeguard" financiers in the nation from "direct sanctions from the worldwide neighborhood" for those "supporting jobs promoted by the Venezuelan state." The Venezuelan federal government, led by President Nicolás Maduro, is