I think that everything goes to this.
Sergei Glazyev, an advisor to Russian President Vladimir Putin, met Monday at Huobi's offices in Beijing to discuss blockchain technology.
https://www.prnewswire.com/news-releases/huobi-founder-leon-li-meets-with-vladamir-putin-advisor-sergey-glazyev-300716745.html
Topic: Russia in the crypto industry (Read 137 times)
Two of the big projects as far as I know are created by Russians, the developers of ETH and WAVES are both Russians so if its going to be decided that they'd make crypto illegal I guess its going to crash the price not just the two but also bitcoin itself. Its going to be funny though that they were not supported by their own. But I think I saw a photo where Sasha of Wavesplatform met Putin last year, maybe Putin supported them.
What i know is that most of the big countries like Russia and China are already working on rules and regulations for crypto which literally means that are accepting and legalizing the crypto under their regulatory framework, so do not worry or panic about regulations as they are good for the market over time.
I do not think that Russian government will accept legal usage of any cryptocurrency for most of people. But they could accept it for institutional organizations and businesses for the purpose of circumventing sanctions.
Crypto currency does not know the boundaries. So about accepting or not accepting the Russian crypt is not important. Large foreign investors should not invest from another country. Yes, and Russia does not need to impose bans on the crypto currency. It is a self-sufficient country that understands the new trends of the world. And will develop and do their projects.
a country that has not yet made any decisions about bitcoin will not have any real effects on anything if they end up rejecting bitcoin eventually. it doesn't matter how big that country is. that is how it will work.
but if they go positive about bitcoin we can see a big positive change in the whole market. in the end we are talking about decentralization (bitcoin and some of the altcoins not all of them) and it shouldn't matter what a country decides.
but if they go positive about bitcoin we can see a big positive change in the whole market. in the end we are talking about decentralization (bitcoin and some of the altcoins not all of them) and it shouldn't matter what a country decides.
For many of us Russia and it's decisions about cryptocurrensy is important. Such a huge country with big power have it's weight. And some parts of future of crypto might depend of Russia's decisions. It will be a great plus if they decide to accept crypto as something good. And can you imagine what will be if they decide to join crypto business? I think it will be the biggest pump for cryptocurrency. And what if they decide to make it illegal? A lot of people, potential investors, will not be able to join us legally. And such action will damage the trust of many other people or even countries to crypto. So what do you think will happen?
Not sure about that, so many times i heard a lot of rumour like this one but in fact they are getting ignored by the russian ministry. As far as i know russia has been giving a legal support to the bitcoin mining. But this needs more clariffication whether it's a real news or not. we are still waiting for ETF.
For many of us Russia and it's decisions about cryptocurrensy is important. Such a huge country with big power have it's weight. And some parts of future of crypto might depend of Russia's decisions. It will be a great plus if they decide to accept crypto as something good. And can you imagine what will be if they decide to join crypto business? I think it will be the biggest pump for cryptocurrency. And what if they decide to make it illegal? A lot of people, potential investors, will not be able to join us legally. And such action will damage the trust of many other people or even countries to crypto. So what do you think will happen?
Jump to: