Deep Tide TechFlow news, on December 22, according to Dlnews, Elvira Nabiullina, the Governor of the Central Bank of Russia, stated that the rapid development of the Bitcoin mining industry in Russia is promoting the country's economy and may enhance the ruble exchange rate. Nabiullina acknowledged that it is "difficult" to quantify the impact of cryptocurrency mining due to the presence of "illegal and semi-legal miners occupying an important part of the industry." She stated: "Mining is indeed one of the additional factors contributing to the strong exchange rate of the ruble."
Previously, the Central Bank of Russia had maintained an opposing stance on cryptocurrencies, and Nabiullina had called for a ban on mining and cryptocurrency exchanges. However, in recent years, Moscow's attitude towards crypto mining has warmed, encouraging miners to set up bases in areas where electricity reserves are idle.

