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.
It is a logical decision, although they did not have options, only if they involve the FSB and track IP addresses, although they are quite capable of this. But in any case, they would not have been able to catch everyone, and what could they bring? There is nothing illegal in the storage and use of bitcoin under the Criminal Code of the Russian Federation.