Quote from: Vaculin on Today at 08:01:35 AM

Quote from: romero121 on February 10, 2022, 10:14:52 PM

Similar scenario is happening with China, India, Bangladesh and few more countries. Recently India through its heavy taxation gave sign of acceptance, but there is no official statement that cryptocurrencies were legal within the country. Russia that has been coming up with different opinions on bitcoin and blockchain have now reached a better position. When the official framework along with the do's and don'ts revealed we'll get to know what form of adoption Russia has planned.

I just hope that Russia will not be as selfish as China because if that happens, it will be another loss for that country, and the crypto market will eventually face another market correction. However, i can see that bitcoin will be a great asset for Russia and as Putin said, "Russia has a competitive advantage in crypto mining", and that made him think that crypto despite of its uncertainties and risks will be good enough for the country's progress.