Post
Topic
Board Bitcoin Discussion
Re: Russia says BTC will never be legalised - do you think we'll see a knock on?
by
Baofeng
on 01/12/2017, 18:12:02 UTC
Wellll, I've heard somewhere that  Russia can legalize bitcoin and other crypto-currencies as early as next year. The Bank of Russia and profile departments now determine what status they should get. At any given time, the state must know who is on both sides of the financial chain. If there is a transaction, the people who conduct it must understand who they are buying from and to whom they are selling, just like with banking transactions

The Bank of Russia and the relevant departments are developing a joint position regarding the status of the crypto currency. According to him, afterwards, approaches to their regulation will be determined.

That is not what their body languages is saying. That's why I always takes a grain of salt anything coming from them. They are like 2 different countries. One would say that they "all love" crypto and bitcoin is close to Vitalik. Then on the next day, its the complete opposite, that's why I have a good laugh at them. LOL.

I seriously doubt what you are saying here without any sources. Its already out there that they will not legalized bitcoin and crypto because they can't control it. And the way to please their citizens is to have their own crypto's. But how can a ordinary citizens bought it when it is heavily taxed at around 13-15%?