Topic: Russia banning BTC? (Read 2951 times)
As there is currently no such prohibition on bitcoins and operations with it in Russia. However, in Russia, state agencies are proposed to prohibit the cultivation of bitcoin on farms at home and allow only specialists to buy / sell bitcoin.
I think this article is legit, but none the less even if Russia and China have already banned cryptocurrency, still many countries today still accept bitcoin so we don't need to worry a thing about this kind of news.
Maybe they do the same thing as China, ban just for a while not forever
Banning exchanges which are running illegal businesses. So the country itself hasn't banned Bitcoin.
Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
after malaysia and then now russia, this happen because they are aware of the power of bitcoin the power of untraceable. thats the true power of bitcoinhttps://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
Bitcoin remains trackable, that article doesn’t say it can’t be tracked, we are discussing about the Russian government planning to ban on Exchanges due to the Bitcoin’s very volatile nature, their reason is to protect their citizens who use Bitcoin. if you talk about other articles it’ll be another matter especially if you haven’t read the news.
this news doesn’t say that Russia bans Bitcoin, they only prohibit Exchanges because Bitcoin is assumed has very high risk to be used as a tool of investment. this is to protect their citizens who use Bitcoin because of its volatility.
Same reason china gave when they banned exchanges. Its not a total ban but probably on its way to regulation. If you think about it, they have a point though banning won't be able to do anything about it
this news doesn’t say that Russia bans Bitcoin, they only prohibit Exchanges because Bitcoin is assumed has very high risk to be used as a tool of investment. this is to protect their citizens who use Bitcoin because of its volatility.
Same reason china gave when they banned exchanges. Its not a total ban but probably on its way to regulation. If you think about it, they have a point though banning won't be able to do anything about it
I don't see that as a coming ban on bitcoin. Russia is actually trying to regulate cryptocurrencies as they are planning to launch their own CryptoRuble
https[Suspicious link removed]cutive-order-for-cryptoruble/
https[Suspicious link removed]cutive-order-for-cryptoruble/
They did not ban bitcoin, they only prohibit to exchange bitcoin to their fiat money. You can still own bitcoin even if you live in Russia. I believe they will soon accept bitcoin once almost every nation accept bitcoin.
I think the Russia is just trying to regulate the bitcoin and they are not banning bitcoin because if they ban bitcoin then you will see the results in the price like what happened in china, when they banned bitcoin then they easily make the price dump and right now you cannot see any dumps in bitcoin so the banning in bitcoin in Russia is not true. Just saw this article
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
https://www.cryptocoinsnews.com/breaking-russia-will-block-bitcoin-exchange-websites-says-central-bank-official/
This article doesn't exactly say that they are banning bitcoin. It's just they block exchange in order to protect Russian BTC users because it's one of the biggest tool for invedtment. I think Russia means no harm, they want to protect and wsrn their people.
They did not ban bitcoin, they only prohibit to exchange bitcoin to their fiat money. You can still own bitcoin even if you live in Russia. I believe they will soon accept bitcoin once almost every nation accept bitcoin.
this news doesn’t say that Russia bans Bitcoin, they only prohibit Exchanges because Bitcoin is assumed has very high risk to be used as a tool of investment. this is to protect their citizens who use Bitcoin because of its volatility.
prohibiting exchanges not banning Bitcoin, these are different matters. I've read that russia legalizes Bitcoin, just like Japanese welcomed the Bitcoin market warmly. the Russian government says that bitcoin transaction can be tracked and that’s why it’s legal.
I do not believe Russia will ban Bitcoin. I know Russia banned bitcoin exchange not ban bitcoin (According to the article).
Russia is doing the same thing as China. They bann all the exchangers and ICO's so they can open a new powerful exchanger , so they can make profit from that. Maybe they are thinking to even open their own cryptocurrency. Anyway there is no official news from government saying anything about bitcoin so until that will happen we have to wait.
maybe that's a wrong news, i heard russia doesn’t ban bitcoin but just forbid the exchange of bitcoin, just like in china many people spread the news that china forbids bitcoin but it’s wrong because china doesn’t forbid bitcoin but only prohibits ICO bitcoin .
maybe you should find a reliable and right news not the fake news
maybe you should find a reliable and right news not the fake news
I have not read the news about the ICO ban in russia, their constitution considers bitcoin as money in a monopoly game. Putin also does not value bitcoin positively. It is proven by the legal interrogation they have done on Burger King for using crypto currency in their business. This is inversely related to the emergence of many ICOs from within the country especially in the development of ethereum.
russia won’t prohibit bitcoin, you can be a bitcoin holder in russia but you aren’t allowed to exchange bitcoin in russia, because it’s assumed as an illegal transaction by the russian government, because russian banks don’t want to legalize bitcoin and if the russian government legalize bitcoin it can disrupt russian financial system, for an example: china cannot control the ICOs and finally the chinese government forbid ICO in china, china just forbids ICO not banned bitcoin.
maybe that's a wrong news, i heard russia doesn’t ban bitcoin but just forbid the exchange of bitcoin, just like in china many people spread the news that china forbids bitcoin but it’s wrong because china doesn’t forbid bitcoin but only prohibits ICO bitcoin .
maybe you should find a reliable and right news not the fake news
maybe you should find a reliable and right news not the fake news
I think the government and the banks are not able to control the money of people, which are using virtual coins. So they want to get rid of all these coins to recover the control on the money transactions.
Maybe that's one of the reasons. in my opinion the Governments fear bitcoin is a tool for illegal acts, money laundering and tax evasion in their countryThats true, I think that our both issues could be a problem for the governemtens, we''ll have to find out what will happen.
whereas Russia is banned Bitcoin, but why the price is still high, 
unlike China yesterday when they inaugurated Bitcoin banned immediately also bitcoin prices fall,
emm, I think they failed to drop the current Bitcoin price, lol
LOL people are already know that such regulations can't stop them to trade and hodl bitcoin, they already learnt from the past when china trying to ban bitcoin but just fail.unlike China yesterday when they inaugurated Bitcoin banned immediately also bitcoin prices fall,
emm, I think they failed to drop the current Bitcoin price, lol
see now, every government regulation that against bitcoin released, the price didn't shaking.
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