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Russia's Putin: It's too early to talk about using cryptocurrencies for oil contractsWhile the United States remains by far the world's largest crypto miner, boasting gigawatts of mining capacity, Russia's generating capacity. The Bank of Russia is working on a bill that will introduce an �experimental legal regime� for cryptocurrencies to be used exclusively in export. MOSCOW, January /TASS/. Russian President Vladimir Putin believes that Russia has a competitive advantage in the field of cryptocurrency mining.