Quote from: enhu on Today at 02:29:38 PM

They already have a draft bill and breaking the law like owning a mining farm will cost fine from 500,000 rubles ($7,000). This news comes out just today, I don't know if this is the cause of this drop of price, is it?

Quote from: Tchulkaturin on Today at 12:58:57 PM

Others are suggesting some countries could make it illegal to invest in gold.
https://www.marketwatch.com/story/stashing-some-gold-heres-why-that-could-soon-be-illegal-according-to-one-notable-hedge-fund-bear-2020-05-20

Where else can investor go when they want the safest investment but their government de-monetise gold? A hedge fund manager really can make the worse fud and get away with it.

The fact that Russia will eventually adopt a bad law regarding decentralized cryptocurrency, I have no doubt. This becomes especially evident when the general economic and financial situation there has become very aggravated.
Under these conditions, the influence of stable coins will increase, moreover, stable coins of central banks of various states. If the global economic crisis follows and a decentralized cryptocurrency proves to be a reliable anti-inflationary tool, the demand for it will increase and then the general government is unlikely to decide to outlaw it.