Russia’s Central Bank Softens Stance as Bitcoin Mining Bolsters the Ruble
The Russian central bank, led by longtime cryptocurrency skeptic Elvira Nabiullina, is shifting its tone toward the digital asset sector. In a notable departure from her previous calls for a total ban, Nabiullina recently acknowledged that the country’s rapidly expanding Bitcoin mining industry has become a supportive factor for the ruble’s exchange rate. From Prohibitions … Read more