Post
Topic
Board Bitcoin Discussion
Re: Russia, India & China prepare to BAN bitcoin?
by
makolz26
on 10/12/2017, 15:39:32 UTC
However, it's also true that the Kremlin has recently devised regulations that apply to cryptocurrency users. Namely, the government is planning to make all miners to register with the officials and pay taxes, while the ICO practices will be made to conform to practically the same standards as do IPOs.
Yeah all of this big countries want their share in crypto as they all know crypto will disrupt whole financial system. They want to make profit along with crypto development and want to force taxation on bitcoin related activity by one way or another.

So rather than banning bitcoin they will just regulated whole crypto market.
Because they have found out the cryptocurrency advantage especially bitcoin, also, they knew that crypto market is on the rise so they have open their mind to study and research about it, so rather than banning it they regulate bitcoin in their respective countries and let people go rise too just like other countries.