Post
Topic
Board Legal
Re: Is Russia is on the way to adopt cryptocurrencies?
by
Harlot
on 11/04/2018, 18:38:56 UTC
Yes you are right. From what I know Russia is like other countries like Malaysia and Indonesia where they allow cryptocurrencies in their country but prohibits them to becomes means of payment. So indirectly using cryptocurrencies by converting is to their Fiat currency is a legal loophole. This is why the Russian legislative department are taking into action because they now want to properly regulate cryptocurrencies in their country. Adoption of the cryptocurrencies will soon follow as last time I check they are in favor of cryptocurrencies in their country.