Bitcoin and other cryptocurrencies have gone through several stages of turmoil in Russia as the Russian government’s policy position on Bitcoin continues to change.
Last month, Russia officially announced that it will issue CryptoRuble, the official cryptocurrency, but will not be able to generate it through mining. Instead, it will still operate centrally and people can use the Russian ruble to exchange the cryptocurrency. This will mean that Russia does not accept or endorse the legal status of Bitcoin and other de-centralized cryptocurrencies.
Three weeks ago, Russian Transport Minister Nikiforov reiterated that Bitcoin trade will never be legalized in Russia.
Russian statement
Despite the firm stance of the Russian authorities over Bitcoin, local banks and financial institutions have also made some interesting comments on bitcoin.
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https://bitzamp.com/do-not-ban-bitcoin-russian-bankers-shouts/All this time I've been creeping out about bankers for not supporting and acknowledging bitcoin and suddenly after knowing this i am a bit stunned .
But reading the whole topic made me feel that bankers might not be interested in it as Russia's "native" cryptocurrency will not be mined . This would obviously increase the work load and pressure and no one really wants that . Making their own "crypto currency" is another way their government is trying to impose taxes on then via its transactions . It would be better if they do not introduce any "native" crpto currency just for the sake of the troubles they will be giving to he commoners.
Not only this , I 've heard that many bankers themselves have invested in Bitcoin in Russia . This might be one of the reason why they are opposing the ban . Looking at the ongoing constraints and attributes It is likely that bitcoin would get banned in Russia officially very soon .