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Topic: 2014-01-27 Multiple sources: Bitcoin officially banned in Russia - page 2. (Read 4260 times)

legendary
Activity: 1582
Merit: 1002
Seems the ban applies only for corporations, not personal users.
Also it is only recommendation because the laws can pass only State Duma (parliament of Russia).
full member
Activity: 224
Merit: 100
Yes, it's a warning, not a some new ban.
legendary
Activity: 1232
Merit: 1195
3 hours ago Bitcoin was officially banned in Russia. No English language news source yet, but Russian news sites are all abuzz about it:

http://bitnovosti.com/2014/01/27/bank-rossii-ozvuchil-poziciyu/
http://top.rbc.ru/economics/27/01/2014/901833.shtml
http://slon.ru/fast/economics/tsb-zapretil-bitkoyn-1049157.xhtml

Use Google translate, everything is quite clear. Everything Bitcoin-related is banned, including issuance (mining), exchanges, transfers and payment processing. Each company exchanging or accepting Bitcoin will be automatically charged with "supporting terrorism".

Russia wins the dubious distinction of becoming the first country in the world to officially ban Bitcoin (unlike earlier Thailand myth).

Supporting terrorism? lolwat? I wonder if they have actually banned it or is this the China situation all over again.
hero member
Activity: 574
Merit: 501
Please bear with me
It's interesting to see what happens to BTC-e now...
hero member
Activity: 574
Merit: 501
Please bear with me
If anyone has WMX in WebMoney wallets, it's probably a good idea to withdraw them to your Bitcoin wallet asap. It's quite likely that they'll be frozen or confiscated very soon.
hero member
Activity: 574
Merit: 501
Please bear with me
3 hours ago Bitcoin was officially banned in Russia. No English language news source yet, but Russian news sites are all abuzz about it:

http://bitnovosti.com/2014/01/27/bank-rossii-ozvuchil-poziciyu/
http://top.rbc.ru/economics/27/01/2014/901833.shtml
http://slon.ru/fast/economics/tsb-zapretil-bitkoyn-1049157.xhtml

Use Google translate, everything is quite clear. Everything Bitcoin-related is banned, including issuance (mining), exchanges, transfers and payment processing. Each company exchanging or accepting Bitcoin will be automatically charged with "supporting terrorism".

Russia wins the dubious distinction of becoming the first country in the world to officially ban Bitcoin (unlike earlier Thailand myth).
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