Okay so months ago, we thought that they're all set to lay down the axe on Bitcoin and cryptocurrencies in Russia. But right now, lawmakers have passed a bill to legalize cryptocurrencies in their country.
However, there's one section of the bill states that Bitcoin cannot be used as payment method. They do legalize cryptocurrency trading though, but not sure when it comes to crowdfunding, ICOs, etc.
Source:
https://cointelegraph.com/news/russian-lawmakers-finally-pass-countrys-major-crypto-billAny reactions so far guys?
I've read about it on a
Russian website after seeing this thread, and it seems that not only cryptos are not allowed to be used as payment, but there's also a ban on advertising of such payment option. And it seems that the bill recognizes cryptos as property (which is coincidentally similar to the recent crypto policies of China). Moreover, all crypto owners have to officially declare their cryptos (and pay taxes, I think). So I'd say it's not great news for crypto users in Russia, and even more so for people there who treat Bitcoin as money.