Ninjastic
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Board Economics
Re: Russia gives in and considers accepting bitcoin exchange
by
livingfree
on 19/02/2022, 10:24:28 UTC
Quote from: paxmao on February 18, 2022, 09:46:46 PM
https://www.euronews.com/next/2022/02/09/russia-s-government-and-central-bank-agree-to-treat-cryptos-as-currency

From considering a ban to admitting that it is nearly impossible to prevent the use of bitcoin, that is already extended to millions of its citizens that will not stop their trading and holding just for an official ban, the government has chosen a much wiser path, legalise and make sure that the actors of the market are clearly identified and can operate in full compliance with legislation.
It's literally wise for them to just embrace the unstoppable adoption and growth of bitcoin together with the whole market of cryptocurrencies.

They surely doing it with the right path and choice for having no issues anymore with what they've been banning and stopping the growth on their country before.