Author

Topic: [2016-03-12] Bitcoin issuers face 7 years in Russia's jails (Read 430 times)

sr. member
Activity: 243
Merit: 250
Even Bangladesh has said that the use of bitcoin and other cryptocurrencies is unlawful under existing anti-money laundering (AML) statutes . Bolivia has also banned bitcoins. It is very bad news for bitcoin users.
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
Russian news agency Interfax reports that Russia's Ministry of Finance has prepared an amendment to a law which could see issuers of surrogate currencies, such as Bitcoin, face up to four years in jail. Executives of banks and financial service companies would face harsher punishment, up to seven years in prison. Additionally, executives who would break this law would face restrictions on holding similar jobs in the future.


http://www.neowin.net/news/bitcoin-issuers-face-7-years-in-russias-jails
Jump to: