Russia’s lower house, the State Duma, has vetoed legislation aimed at regulating cryptocurrency mining, arguing that the sponsors failed to properly formulate regulatory principles, requirements for data centers and mining operators, and restrictions on mining operations, Bitcoin.com reported. Procedures for tax collection by mining companies. Additionally, Anton Gorelkin, deputy chairman of the Russian State Duma’s information policy committee, said that a new draft legislation containing provisions allowing cross-border cryptocurrency payments and promoting the development of domestic encryption infrastructure will be submitted soon.