Post
Topic
Board Bitcoin Discussion
Re: Putin, Russian central bank come down hard against bitcoin
by
TheQuin
on 11/10/2017, 05:42:15 UTC
According to www.bloomberg.com Putin come down hard against bitcoin by calling   for more regulations.

“The use of cryptocurrencies bears serious risks,” which include money laundering, tax evasion and terrorism funding, Putin said at a conference in Sochi.

Source: https:///news/articles/2017-10-10/putin-is-said-to-hold-first-meeting-on-cryptocurrency-rules

That a broken link to the article by the way. Correct one is https://www.bloomberg.com/news/articles/2017-10-10/putin-is-said-to-hold-first-meeting-on-cryptocurrency-rules

This is the most interesting part to me:
Quote
Putin called for building a “regulatory environment” based on international experience that would defend the interests of business and the state, as well as provide legal guarantees for those using the instruments. “It’s also important not to put up too many barriers.”

It really looks like they're just starting to catch up with the anti money laundering and KYC type systems that have been introduced elsewhere. It's nothing more than that and really will have very little impact in the long run