The Director of the Bank of Russia’s 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 won’t ever be banned, either. That’s 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/For the past few years, the Russian government has introduced a lot of taxes. Not only sanctions led to this, but also a failed domestic and foreign policy.
All I wanted to say is that the Russian government is trying to impose a tax on everything they can reach, and the fact that cryptocurrency is unattainable for them makes them ban it. It pisses them off)