Not 100% on this one yet:
https://bitcointalk.org/index.php?action=profile;u=251258
https://bitcointalk.org/index.php?topic=452118.msg5353926;topicseen#msg5353926
https://bitcointalk.org/index.php?topic=452118.msg4977979;topicseen#msg4977979
Correct, it is illegal to trade, transact or deal in foreign currencies in Russia - unless one party to such deal is a properly licensed financial entity. There are multiple bank exchange offices everywhere in Russia, so exchange between foreign currency and rubles is not a problem.
Situation is completely different for cryptocurrencies. Since Bank of Russia specifically prohibited financial entities from touching cryptocurrencies, any kind of Bitcoin use is now considered illegal for anyone. There was no statement on the legality of their ownership just yet.
And bumped a thread with the irrelevant:
https://bitcointalk.org/index.php?action=profile;u=251258
https://bitcointalk.org/index.php?topic=452118.msg5353926;topicseen#msg5353926
https://bitcointalk.org/index.php?topic=452118.msg4977979;topicseen#msg4977979
exchange between foreign currency and rubles is not a problem. There are multiple bank exchange offices everywhere in Russia
If I understand correctly it is also illegal to conduct trade in Russia between a Russian individual and / or legal entity and another Russian individual and / or legal entity in USD, EUR etc., so in effect this places Bitcoin in a similar position to that of USD, EUR etc.
Correct, it is illegal to trade, transact or deal in foreign currencies in Russia - unless one party to such deal is a properly licensed financial entity. There are multiple bank exchange offices everywhere in Russia, so exchange between foreign currency and rubles is not a problem.
Situation is completely different for cryptocurrencies. Since Bank of Russia specifically prohibited financial entities from touching cryptocurrencies, any kind of Bitcoin use is now considered illegal for anyone. There was no statement on the legality of their ownership just yet.
And bumped a thread with the irrelevant:
Here are too many spammers! 