Nikolai Nikiforov stated:
"Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation."
The article goes on to say:
"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."Do you think we'll see other countries going down this route?
Source:
https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/I'm taking this temporary statement. Unfortunately, the government of the Russian Federation is not competent in many questions. They do not know until now what they are dealing with and how this can all be applied in practice. Such statements only aggravate the situation of Russia's lagging behind the leaders of world countries.