A 7-Yr Prison Term for Bitcoin Use, Says Russian Finance Ministry
by
Coinbuddy
on 11/03/2016, 08:01:03 UTC
A new amendment to the Criminal Code by the Ministry of Finance in Russia sees the regulator for the use of bitcoin propose up to 7 years in prison for management and executives of banks and financial services firms. For the everyday citizen adopting bitcoin, the proposed term for imprisonment is 4 years.