Post
Topic
Board Bitcoin Discussion
Re: Russia legalizing Bitcoin and cryptos but not allowed as payment method?
by
zasad@
on 01/08/2020, 14:07:59 UTC
http://www.consultant.ru/cons/cgi/online.cgi?req=doc&base=PRJ&n=197492#012803141487968284
http://publication.pravo.gov.ru/Document/View/0001202007310056?index=106&rangeSize=1
The Federal law was signed and will take effect on January 1, 2021.

Cryptocurrencies are prohibited as a means of payment, but this does not prevent them from being exchanged for rubles and other currencies. The dollar is also prohibited in Russia as a means of payment and it is forbidden to specify prices in dollars, but many payments are made in dollars.

I think there will be many more amendments to be adopted regarding miners and individuals.

But experts say that the procedure for issuing tokens is very complicated and incomprehensible, it is much easier to work in those jurisdictions, where the practice and legislation have already been formed.