Opinion: If Trump imposes comprehensive tariffs, Russia may become the main beneficiary of BTC mining

Odaily News Luxor, a Russian bitcoin mining technology company, predicts that Russia will be the main beneficiary if Trump imposes comprehensive tariffs on the bitcoin industry supply chain. In addition, Russia's bitcoin mining activities have grown significantly, benefiting from energy cost advantages and the gradual relaxation of cryptocurrency regulations. Despite sanctions from Western countries, the Russian government is still promoting the legalization of cryptocurrencies, especially in international payments and mining. Experts point out that despite Russia's progress in the cryptocurrency field, it is still challenging to use cryptocurrencies to circumvent sanctions on a large scale due to market liquidity restrictions. (The Block)