what u think frds will this will make good correction in btc price
Well, I found the following link:
https://cointelegraph.com/news/russias-ministry-of-finance-legalizes-cryptocurrency-trading-central-bank-disagreesThe Ministry of Finance of the Russian Federation (Minfin) has presented the Digital Assets Regulation Bill which defines and establishes a regulatory system for cryptocurrencies, ICOs, mining and trading, local news agency TASS reported today Jan. 25.
Notably, the central bank of Russia disagrees with Ministry of Finance that cryptocurrency exchange should be legally accepted. According to the central bank, the digital currency trading rules should be only applied to tokens that would attract financial investments.
They are just discussing stuff.
Even if they have gone ahead and legalised it, it won't make any difference to bitcoin's price. Russia is a poor country with a smaller GDP than Italy's. It is also a country with capital controls - so it should be interesting to see whether legalising crypto makes money flee