Maxim Oreshkin, an advisor to President Putin, has revealed that Russia is officially recognizing bitcoin mining as a significant export in the nation’s economy. This announcement underscores the growing role of cryptocurrency mining within Russia’s economic landscape and signifies a potential shift in global crypto regulations and market dynamics. Oreshkin emphasized Bitcoin mining as a valuable new revenue source during his speech at the ‘Calling!’ forum, indicating its integration into national balance of payments calculations. Key entities like the Bank of Russia and state companies like Gazprom Neft are actively supporting this development. Russia’s crypto strategy reflects a move toward legitimizing registered miners, despite only less than a third currently holding official registration, highlighting substantial shadow economic activities in the crypto market. This shift aligns with historical precedents observed after China’s mining ban in 2020. Expert analysis predicts increased regulatory acceptance by 2026, potentially opening access for investors. Russia’s legislative and economic actions signify a strategic integration of cryptocurrency into its financial frameworks.