An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate forecasts, calling it a “new, undervalued export item.” Undervalued Export and Hidden Currency Flows Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office and a key economic aide to Russian President Vladimir Putin, […]
Source: https://news.bitcoin.com/kremlin-aide-crypto-mining-is-a-hidden-export-skewing-ruble-forecasts/