Breaking News $VET The Central Bank of Russia acknowledges the impact of cryptocurrency mining on the ruble.


According to Forest News, Elvira Nabiullina, the Governor of the Central Bank of Russia, stated in an interview with the Russian media RBC that measuring the impact of cryptocurrency mining is challenging due to its largely unregulated nature. However, she acknowledged that mining is one of the factors contributing to the strengthening of the ruble.
In addition, a presidential assistant in Russia earlier this month noted that cryptocurrency mining is emerging as a 'new export product' and is impacting the foreign exchange market in the country.
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