Bitcoin Mining now being legalized in Russia
https://watcher.guru/news/brics-russia-officially-legalizes-bitcoin-and-crypto-mining and this have been signed into law already, I see it as a new development over BRICS in taking more considerations towards bitcoin by giving due recognition on it's mining, though China remains as it was.
Cryptocurrency mining is allowed to take effect for any industry or miner who are ready to go by the stipulated amount of energy consumption rate for the mining purpose in the country, we can also recall that recently, Russia approved the acceptance of crypto as a means of payment through international transactions.
Bitcoin is gaining more wins each day on every side, The world is now realizing more on how they needed bitcoin, especially by people and region it had been wrongly talked about, the BRICS is the main target now.
Am not sure if this has been discussed already, but I've checked on the bitcoin discussion board and see nothing related to the news updates on it.
Russia's permitting the mining of bitcoin in recent times has to be for a reason, because they have not really permitted this in a long while as its been in an embattlement and and has gone through a lot of process, this will help bitcoin gain more popularity around the world and also increase the acceptability of bitcoin, this will also increase the trade volume of bitcoin which will also increase the amount of those who would want to further invest in bitcoin which will in turn lead to the increase in the volatility and value of bitcoin.