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Topic: [2017-06-31] Russia Announces Association To Plan Cryptocoin Regulations (Read 5824 times)

full member
Activity: 350
Merit: 102
it seems to me excellent that they are already accepting bitcoin in a legal way although I am surprised that one of the first countries is Russia knowing the decentralized are cryptocurrency and that it is not possible to control it in an authoritarian way
hero member
Activity: 1078
Merit: 514
Is this a step towards accepting crypto in Russia? I seriously doubt it.

We have been seeing a lot of news lately coming from Russia regarding crypto currency lately, but they all contradicts themselves. You will see that they hate bitcoin, then suddenly making a U-turn saying that they will put up a mining farm because they have a surplus of energy. Everything that comes out of Russia regarding crypto's, I would always take it with a grain of salt. And I don't think that the government would allow something that is decentralized like bitcoin, we all know they are authoritarian so they want to control everything which the design of bitcoin does not point to a single authority. Unless I see a official announcement coming from the government, for me they are still anti-bitcoin.
I'm from Russia, but I'm just like you - very skeptical to all crypto news from our country. To me all that promises and plans look like a  peacock when behind the rich and beautiful tale hidden an ordinary chicken's ass. Russia wants to be on the first place about crypto-currencies the same as with the weapon. But our government just has not enough brain to organize everything right and correct, so they are just talking and talking. I'm already tired to wait that something will happen, but everything I hear is just a promises.
legendary
Activity: 2576
Merit: 1655
Is this a step towards accepting crypto in Russia? I seriously doubt it.

We have been seeing a lot of news lately coming from Russia regarding crypto currency lately, but they all contradicts themselves. You will see that they hate bitcoin, then suddenly making a U-turn saying that they will put up a mining farm because they have a surplus of energy. Everything that comes out of Russia regarding crypto's, I would always take it with a grain of salt. And I don't think that the government would allow something that is decentralized like bitcoin, we all know they are authoritarian so they want to control everything which the design of bitcoin does not point to a single authority. Unless I see a official announcement coming from the government, for me they are still anti-bitcoin.
legendary
Activity: 1218
Merit: 1000
https://btc.ng/bitcoin-usage/1745-russia-starts-association-for-btc-legalization/

Chief Internet advisor, Herman Klimenko, announced the creation of the Russian Association of Blockchain and Cryptocurrency (RABIK), to take over development and regulation of cryptocurrencies in Russia. Also focused on encouraging increased activity of regulators, the association aims to make the market a credible source of finance and trade. [.........................]
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