Putin's aide calls for inclusion of cryptocurrencies in Russia's balance of payments accountingAccording to TechFlow, on December 4, DL News reported that Maxim Oreshkin, a senior aide to Russian President Putin, stated that cryptocurrencies should be included in Russia's balance of payments accounting and referred to crypto mining as an "undervalued export industry." Oreshkin pointed out: "Cryptocurrencies are a form of money supply, and Russian companies can and indeed do use cryptocurrencies to pay for imports, which also affects the fiat currency market." Data shows that Russia accounts for nearly 16% of global Bitcoin hash power, second only to the United States. Oleg Ogiyenko, CEO of Moscow blockchain consulting firm Via Numeri, said that cryptocurrency mining "has already played an important role in the Russian economy," with Russian companies investing over $1.3 billion in data centers, grid connections, power generation, and mining hardware. The Russian central bank and Ministry of Finance have agreed to legalize cryptocurrency payments as
DeepFlowTech·2025-12-04 04:28