Mars Finance News, the Governor of the Central Bank of Russia, Elvira Nabiullina, recently stated that cryptocurrency mining could be an additional factor supporting the ruble exchange rate. However, due to the majority of the industry still being in a gray area, its specific impact is difficult to quantify. An official from the Vice President's Office, Maxim Oreshkin, previously pointed out that the insufficient assessment of financial liquidity related to cryptocurrency mining could lead to inaccurate predictions of the ruble exchange rate. According to industry associations, Russia is currently the second-largest country in the world for cryptocurrency mining, accounting for over 16% of global computing power. Starting from November 1, 2024, Russia has begun implementing new regulations that allow legal entities and individual entrepreneurs registered in a special registry to legally engage in cryptocurrency mining, while also setting clear limits on energy consumption and income reporting.