๐ท๐บ๐ Crypto Mining Quietly Boosting the Ruble?
Hereโs What Russia Says
The Russian Central Bank ha
s acknowledged that cryptocurrency mining is having a real impact on the Russian economy. In a recent interview, Governor Elvira Nabiullina noted that while mining remains difficult to measure due to limited regulation, it is one of the factors supporting the rubleโs strength.
Adding to this, a presidential aide described crypto mining as a โnew export product,โ influencing foreign exchange flows. As global hash power shifts, mining is becoming more than a tech trend โ itโs a macroeconomic variable. ๐โก
#CryptoMining #Russia #Ruble #Macro #BinanceSquare
โ ๏ธ Not financial advice.