Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free
Making it sure or legitimate will be a great help for all the cryptocurrency in the world. It can now increase the price of every cryptocurrency since the number of banned countries decreases or the number of people who will use cryptocurrency will increase. This is an another great start to become more popular and in line with the high price again. We can expect an increase rate for every cryptocurrency and hope that will happen soon.
So bottom like, all you care about are your pockets.
This is all that matters, high prices, high prices....at least next time try not to sugarcoat it so much.
Russia is one of those countries that has not yet completely decided on what to do with bitcoin and cryptocurrencies.
And I must add to this that Russia is one of the countries who never really decides what to do on everything.
Politics, economy, society...everything there changes like the wind.
This is a good news if this is an official one. I think Russia is planning to introduce their own crypto currency and a law for that is on the way. Unofficial news is that the regulation bill will be implemented in March it seems. Everyone is waiting for such a move from a developed nation like Russia and any positive note will make Bitcoin more demand in market cap and price.
And how is the introduction of a national crypto good news?
There is nothing positive about it!!!
Why would be demand when they plan on using another coin instead of
BTC.
The only good news is this is that they "plan". And we know how long plans take there.
