The Director of the Bank of Russias legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country.
Although cryptocurrencies are not exactly legal in Russia, it seems like they wont ever be banned, either. Thats the latest news from the Russian government. Although Russia has a love hate relationship with crypto and bitcoin, what do you think about this admission? I think personally no bank can control it, but they don't admit it.
What do you think about this? If you want to read the full article, you can click on the link below
https://beincrypto.com/russian-central-bank-admits-it-cant-ban-bitcoin/at least now government are starting to accept the reality that they cannot Banned totally the use and circulation of cryptocurrency.
and this is a win statement to all of us specially Russian that has experiencing hard using of crypto.
we are lucky here in my country that we have light treatment from the government about crypto so we can just use and accumulate without any problem as long as we are using KYC for our exchange wallets.