Quote from: Wapinter on March 11, 2016, 03:07:17 PM

Quote from: Coinbuddy on March 11, 2016, 08:01:03 AM

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.

SOURCE: https://www.cryptocoinsnews.com/a-7-yr-prison-term-for-bitcoin-use-says-russian-finance-ministry/

If it is true,most russian will sell their bitcoins in coming days.this can lead to bitcoin price fall also if Russian Government succeeded in implementing this law,other governments may follow the suit

You can expect this from very left wing oriented countries. Such as Russia, Vietnam and very very maybe China. I wonder whether some Russian fellow coould translate the original propose to english so we could see how bad it is.