Russia Has Effectively Legalized Bitcoin Mining

Russia Has Effectively Legalized Bitcoin Mining

Russia has adopted a new law that also covers cryptocurrencies and aims to reduce dependence on the U.S. dollar. At the same time, it focuses on the development of a unified BRICS currency. Vladimir Putin, the President of Russia, has approved a new law that aims to...
What is a Bitcoin ATM?

What is a Bitcoin ATM?

A Bitcoin ATM is a specialized device that allows users to buy and sell Bitcoins for cash, and in some cases, other cryptocurrencies. Unlike traditional ATMs, these devices are not connected to users’ bank accounts but directly interact with the Bitcoin...
What is a cryptocurrency network?

What is a cryptocurrency network?

Each cryptocurrency has its own payment network, within which the cryptocurrency can either be mined, meaning the creation of new units of the currency, or used for payments, i.e., transferring the currency from one address, created for this purpose, to another...