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Topic: Russia just made all crypto legit (Read 757 times)

jr. member
Activity: 235
Merit: 2
February 17, 2018, 12:23:47 PM
#92
Can you tell me about this news in more detail? Will there be some tax on cryptocurrency or just regular commissions for transfering money? Will they keep track of the coin quantity?
member
Activity: 532
Merit: 15
February 13, 2018, 11:18:10 AM
#91
that's awesome news for crypto lovers!
member
Activity: 308
Merit: 21
February 13, 2018, 11:17:07 AM
#90
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

can you quote some official source where authorities legalized it Huh
full member
Activity: 434
Merit: 105
February 13, 2018, 10:25:16 AM
#89
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Why don't we ban these sort of users who spread fake news just to increase their post-count? It would be great if Russia legalizes Bitcoin. But that is not the case right now, and we should refrain from spreading false stories. Doing so will only tarnish the reputation of this forum.

Fake news is everywhere and it's easy to spread it with the help of internet. We have to double check it first before believing whatever people says.


The article says that it will allow miners but with tax. Also, they are not allowed to sell within the territory which means cryptocurrencies are not yet fully legalized in the country. There are still restrictions made. Cryptocurrencies can't still be freely utilized in Russia and I hope they will be able yo decide on what to do with it.

The Russian Government only regulates cryptocurrencies in their country especially to those miners. It is understandable that cryptocurrencies is not that fully legalized in Russia and with other countries. Despite of it, people in Russia can still earn bitcoin without fear. I'm glad that they're not like those other country that banned cryptocurrency.
legendary
Activity: 2044
Merit: 1008
February 13, 2018, 10:18:53 AM
#88
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Why don't we ban these sort of users who spread fake news just to increase their post-count? It would be great if Russia legalizes Bitcoin. But that is not the case right now, and we should refrain from spreading false stories. Doing so will only tarnish the reputation of this forum.
I agreed with you this post he is spreading a fake news, how come that Russian central bank legalized crypto currencies that their ministry against on crypto's. However there someone scientist in Russia that arrested by Russian police caught who have a miners in cryto currencies. And the Russian ministry said that “Trades with cryptocurrencies have become so widespread, a legal ban on such activity would lead to the creation of conditions for the use of cryptocurrencies as an instrument to service illegal businesses, launder criminal incomes, and finance terrorism,” .

So how could you say that Russia legalized crypto currencies?

Yeah.. here is the full story:

https://www.theverge.com/2018/2/12/17003106/bitcoin-mining-nuclear-facility-russia-sarov

It is unbelievable how these guys (probably earning a six-digit annual salary) are risking their jobs and reputation for a few Bitcoins. It was a defense facility. How come he was thinking that he may get away with it?
sr. member
Activity: 854
Merit: 257
February 13, 2018, 10:16:40 AM
#87
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Why don't we ban these sort of users who spread fake news just to increase their post-count? It would be great if Russia legalizes Bitcoin. But that is not the case right now, and we should refrain from spreading false stories. Doing so will only tarnish the reputation of this forum.
I agreed with you this post he is spreading a fake news, how come that Russian central bank legalized crypto currencies that their ministry against on crypto's. However there someone scientist in Russia that arrested by Russian police caught who have a miners in cryto currencies. And the Russian ministry said that “Trades with cryptocurrencies have become so widespread, a legal ban on such activity would lead to the creation of conditions for the use of cryptocurrencies as an instrument to service illegal businesses, launder criminal incomes, and finance terrorism,” .

So how could you say that Russia legalized crypto currencies?
He is defenitly spreading a fake news how come this happen after they find out that their scientist are using super computer for mining bitcoin. I've already search it on web if this russian government legalize crypto and the result is zero even speculation have nothing discussed.
legendary
Activity: 2492
Merit: 1232
February 13, 2018, 10:05:35 AM
#86
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Why don't we ban these sort of users who spread fake news just to increase their post-count? It would be great if Russia legalizes Bitcoin. But that is not the case right now, and we should refrain from spreading false stories. Doing so will only tarnish the reputation of this forum.
I agreed with you this post he is spreading a fake news, how come that Russian central bank legalized crypto currencies that their ministry against on crypto's. However there someone scientist in Russia that arrested by Russian police caught who have a miners in cryto currencies. And the Russian ministry said that “Trades with cryptocurrencies have become so widespread, a legal ban on such activity would lead to the creation of conditions for the use of cryptocurrencies as an instrument to service illegal businesses, launder criminal incomes, and finance terrorism,” .

So how could you say that Russia legalized crypto currencies?
full member
Activity: 406
Merit: 100
February 13, 2018, 09:48:20 AM
#85
I didn't read anything like this until now on the internet. If this news are true than good for bitcoin. This it will help bitcoin to grow
member
Activity: 364
Merit: 16
https://crowdsale.network
February 13, 2018, 09:46:17 AM
#84
If this is real. It's good news!  This will somehow solidify the existence and longevity of cryptocurrency.  I sure hope that more countries will follow and see what cryptocurrency is and what it can do.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 13, 2018, 09:46:09 AM
#83
What you said is russia legalized cryptocurrencies and allow mining without miners paying taxes, but in the article you provided it is stated that cryptocurrency miners still have to pay tax, and the central bank of russia wants to sell the mined coins overseas which can also means that they are not recognizing it fully legal in their country. But it is still a good news that they officially allows mining because russia is one of the best location to build a farm and mine cryptocurrency, given that they have cool weather and one of the country that can offer cheapest electricity.

Requiring tax to be paid = legalizing.
Regulations and tax are good indication that cryptos are being recognized by the governments.
legendary
Activity: 3766
Merit: 1217
February 13, 2018, 09:44:08 AM
#82
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Why don't we ban these sort of users who spread fake news just to increase their post-count? It would be great if Russia legalizes Bitcoin. But that is not the case right now, and we should refrain from spreading false stories. Doing so will only tarnish the reputation of this forum.
sr. member
Activity: 644
Merit: 263
February 13, 2018, 09:40:51 AM
#81
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

This is very big news BUT we need concrete proof for such news as they are big. This kind of news can increase the bitcoin market capitalism by many folds as it gives assurance worldwide that the country where it is legalised will get many investors, traders, industrialist on track and thus will make great impression on the market. This can increase the market cap easily and thus it will be beneficial for the people like us to invest and receive the reward for the same. But on the practical way this news doesn't seem to be very legit at the moment unless and until there is proof of it. FYI: This would have been speeded like wild fire if had been true.
sr. member
Activity: 448
Merit: 281
February 13, 2018, 09:36:00 AM
#80
While many countries are trying to ban crypto-currencies, Russians do the opposite, because they understand that crypto technology is the future.
That is the difference between the smart ones and dumb ones. Russia is one of those countries that have world best technology, hackers and programmers.  Edward Snow den also flew to there. Digital currencies are the future of our money system.

With time, everything evolves and we should adopt the changes before it gets too late. The best crypto currency is bitcoin so investing in it now means a bright future.
member
Activity: 294
Merit: 14
February 09, 2018, 11:01:52 PM
#79
The article says that it will allow miners but with tax. Also, they are not allowed to sell within the territory which means cryptocurrencies are not yet fully legalized in the country. There are still restrictions made. Cryptocurrencies can't still be freely utilized in Russia and I hope they will be able yo decide on what to do with it.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
February 09, 2018, 10:33:15 PM
#78
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free
Russian government is not far from legalizing cryptos because President Vladimir Putin loves his countrymen and besides Russia has a better understanding and perspectives towards cryptocurrency just like Japan. This is actually good for the Russian people since they were protected and supported by their government. If legalization of crypto in Russia takes positive feedback and results on it's giant economy, I am pretty sure that more and more countries will follow it's steps. And one more thing is that I know that Russian government will prefer a revolutionary currency to be used in  investment purposes or as payment method rather than any other fiat currency.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
February 09, 2018, 10:31:50 PM
#77
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free
I hope that you have a link for this to make it legitimate and not a hearsay only but anyways if this is real then their central bank and government will be the pioneer in legalizing cryptocurrency and other countries will follow if they see the russian economy grow because of this action.
jr. member
Activity: 103
Merit: 1
February 09, 2018, 10:00:23 PM
#76
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free
Hi, would there be a chance that you can share the link for this news? Given the current status of btc due to recent FUD's from various countries we need to have credible sources for these kinds of news. Hopefully we can check and validate if the source where you have gotten the news is a legit one.
legendary
Activity: 966
Merit: 1042
February 09, 2018, 09:51:45 PM
#75
Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Can you link the source? Or provide us with where have you got this information from? I've seen talks about Russian bank, if I am not mistaken, is looking into building European crypto exchange but haven't heard anything about legalization,  this is hard for me to believe you tbh.

Yeah unless there is a credible source this is just completely made up. It's not like they're an accepting country to cryptos so why the change of heart out of nowhere? And I highly doubt they made a blanket statement that all cryptos are legal and good to go.
hero member
Activity: 2590
Merit: 644
February 09, 2018, 09:46:10 PM
#74
If this thing is true then this is a huge news for the cryptocurrencies because the russia is one of the huge countries and most improved country in the world and i hope that the other countries will do the same so we can easily expect that the acceptance and adoption for bitcoin will be easier for itself in the near future.
full member
Activity: 308
Merit: 100
February 09, 2018, 06:46:20 PM
#73
I hope it was true as so many nations would follow Russia for not losing their competition on crypto but there is not even a link to your statement which makes it seem as not a official new.
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