According to Cryptoslate, the Russian State Duma passed a bill legalizing Bitcoin mining and allowing cryptocurrencies to be used for international trade. The bill is expected to take effect on September 1. The bill allows the sale of mined cryptocurrencies, but prohibits their use for domestic payments and prohibits cryptocurrency advertising.

This is a significant development for the global cryptocurrency industry. Legalizing Bitcoin mining and allowing international trade with cryptocurrencies is a major step forward for Russia.