April 25, 2024

Abkhazia cancels the ban on crypto-business

The President of Abkhazia announced a measure to lift the current ban on cryptocurrency mining.

As a Finanz.ru, in the fourth of AclaneBzhania announced that the government of the country plans to introduce "optimal mechanism" for regulating the mining of cryptocurrencies, having canceled the current ban on the tolerance, and

Ha this week, the director for operational andTechnological management of the state-owned energy company

"From now on, we work on the point where mining operations are available, and we can't do anything... A proposal is being made to the right to beOptimal mechanics of the implementation of this process. We will not use maining, but we will be able to do itThis is the first step in solving energy problems," Bzhania said.

The president added that "this is not a point," but even if there are appropriate measures, it will take up to six months to exit the crisis.

In July, in Abkhazia, we observed a splash of activity inin the area of ​​crypto mining, in spite of the fact that the activity associated with the crypto currency has been illegitimate since 2018. According to the customs, in the last six months the border of the country has crossed over the equipment for mining at a cost of more than $ 589,000.

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