Post
Topic
Board Altcoin Discussion
Re: Another crypto ban again?
by
avikz
on 23/03/2020, 18:16:15 UTC

Russia is a communist country which runs on dictatorship. Their situation is somewhat similar to China where everything is government controlled. So I personally wouldn't be surprised if Russia suddenly decides to impose ban on cryptos.

The current legal status of cryptos is very confusing in Russia where mining is considered as entrepreneurial activity but banks are not allowed to serve crypto related businesses. So the incoming blanket ban wouldn't worsen the situation further.