Post
Topic
Board Bitcoin Discussion
Re: Russia doesn't wants its citizens earning with cryptos
by
Alert31
on 30/10/2021, 11:31:28 UTC
According to this: https://www.bloomberg.com/news/articles/2021-10-14/putin-defends-cryptocurrencies-amid-global-regulation-push

Putin said: Cryptocurrency “has the right to exist and can be used as a means of payment,”...

Yet: "Still, he cautioned it was too soon to talk about using digital currencies for trading oil and other commodities that form the bulk of Russia’s exports."

So, i assume that (actual) Rusia goverment dont want ban cryptos, but regulate them...

It means Russian can still use cryptocurrency and invest into it but under government regulation. Also people will always find a way on how to earn in crypto because they know how profitable it is even risky. We are lucky in our country that allows us to trade, invest and use cryptocurrency as a mode of payments.