Topic: [2014-10-03] RIA: Finance Ministry proposes huge fines for BTC use in Russia (Read 1708 times)
October 04, 2014, 02:50:28 AM
October 03, 2014, 09:12:53 PM
its symbolic 60.000 rub is 1149 euro http://themoneyconverter.com/RUB/EUR.aspx not that mutch.....
further there is no way for them to ennforce this.......
and when rubble drops because of crypto it will only be cheaper
further there is no way for them to ennforce this.......
and when rubble drops because of crypto it will only be cheaper
October 03, 2014, 07:22:07 PM
For anyone who enjoys freedom, I guess it's time to pack up and GTFO of Russia.
October 03, 2014, 05:47:26 PM
No summary executions? Worthless.
October 03, 2014, 05:39:21 PM
The same fineś go for use of dollar and euro!
so notting inresting here....
so notting inresting here....
This is not correct. Proposed legislation does not concern foreign currencies at all and is targeted specifically to cryptocurrencies. Foreign currencies and their exchange will still be legal, but any operations in digital currencies will be criminalized. Now, the question of enforcement is still an open one of course. But you won't be able to legally accept BTC in your local business - they'll fine you. And it is expected that access to any websites with bitcoin-related information will be blocked from Russia.
Russia is here just as powerful as me making this law...
I dont care about its laws , if they have no way to enforce them ,,,, look at http://thepiratebay.se/
or http://silkroaddrugs.org/tag/silk-road-2-0/
it does not realy matter what law russia makes ore Santa makes of father chrismas makes...
if you can enforce them they are just emty words
to change to rubbles use http://www.btc-e.com
he explaines it very well , at a bilderberg like cobference.....
https://www.youtube.com/watch?v=06wUSPCoRpg&list=PL8ucbgLbIE-sR9U17GuJF8RZChrUWySl_&index=4
its simple if you cant enforce it your laws are just empty words.
October 03, 2014, 04:06:41 PM
The same fineś go for use of dollar and euro!
so notting inresting here....
so notting inresting here....
This is not correct. Proposed legislation does not concern foreign currencies at all and is targeted specifically to cryptocurrencies. Foreign currencies and their exchange will still be legal, but any operations in digital currencies will be criminalized. Now, the question of enforcement is still an open one of course. But you won't be able to legally accept BTC in your local business - they'll fine you. And it is expected that access to any websites with bitcoin-related information will be blocked from Russia.
October 03, 2014, 02:57:56 PM
1 million rubles = 100 USD
Not really, it's actually about $25K. Not negligible, at any rate.
if you can exchange on btc-e
you only need one place in the word to exchange remember
October 03, 2014, 02:50:53 PM
The same fineś go for use of dollar and euro!
so notting inresting here....
so notting inresting here....
October 03, 2014, 01:52:09 PM
1 million rubles = 100 USD
October 03, 2014, 11:17:07 AM
Ministry of Finance proposes to fine cryptocurrency users up to 1 million rubles (Google Translate)
Quote
Finance Ministry of Russan Federation proposes to introduce fines of up to 1 million rubles for the issuance of any digital currency, distribution of software for the emission of such currencies, as well as for operations using it, draft law published on the official portal of Russian legal acts.
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