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?
Good they made it legal (i mean they don't even know what to do with this. At least they finally came to a stance). Making it illegal to make payments using bitcoin is understandable to be honest. I mean, they will be forced to convert it into fiat currency. This way the government won't have any issue tracking the users (since fiat conversion will probably require some sort of ID) and will probably add new rules so that they can even tax those people who converts it.