The recent breakthrough of the $30,000 price level has already been taken as the first real sign of the coming crypto spring. Bitcoin and cryptocurrency experts are already placing their bets on the next possible price movement.
Regardless of the transformation cryptocurrency has introduced in the payment and transaction industry, digital assets are still facing resistance in some countries. A good number of governments have shown concerns of cryptocurrency threatening their traditional fiat currency, finance and economy.
The issue of legalizing the mining of cryptocurrencies in Russia is not new. However, now the country's Energy Ministry is emphasizing the need to create a proper framework so that the economy can benefit from it.
Russia is facing tough restrictions that could push the country into complete economic isolation. In such a situation, it is only natural to look for alternatives that will help circumvent the restrictions and maintain international relations.