ChainThink report, December 23, according to financefeeds, the Russian Central Bank has made a significant reversal from its traditionally rigid stance on digital assets, formally acknowledging that the country's thriving Bitcoin mining industry is providing stabilizing effects on the ruble. Governor Elvira Nabiullina made these remarks in a recent interview with RBC media, highlighting that capital inflows generated by mining activities have become an auxiliary factor supporting the national currency’s exchange rate. This acknowledgment marks a pragmatic shift for an institution long advocating for a comprehensive ban on cryptocurrencies. While Nabiullina admitted that accurately quantifying the impact remains challenging due to a substantial portion of the industry operating in legal gray areas, she recognized mining as a tangible macroeconomic variable. This development comes after a period of extreme economic stress, as the nation seeks alternative financial channels to circumvent international sanctions and manage liquidity.