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Topic: Russia prepares to legalize cryptocurrency market by July 2018 - page 2. (Read 1702 times)

jr. member
Activity: 70
Merit: 2
Well, July has arrived and has ended, did Russia legalize the cryptocurrency market as stated in the OP? Has anything happened at all in this direction?
jr. member
Activity: 93
Merit: 1
It is possible, but I think that a number of restrictions and strict regulation will be introduced. After all, our Ministry of Finance is set up in relation to cryptocurrencies so far negatively.
newbie
Activity: 98
Merit: 0
well, that's right, it's very good . other countries in which crypto is banned should follow suit
member
Activity: 308
Merit: 10
While this has not happened, and most likely cryptocurrency will never be legalized. The only thing the government can do is to introduce an income tax of 13%, which is still unlikely
sr. member
Activity: 560
Merit: 250
Official news about it whatsoever so I think it makes no sense to discuss it. I am sure that the legalization of cryptocurrency is too complicated and long process and do not bother about it
newbie
Activity: 25
Merit: 0
it is better to wait for what will happen next in Russia, and if so, I think that the market will get fresh air and return, it will have a good impact on the crypto-market, because Russia is accepting the crypto-currency market. and maybe there will be a tax that their citizen has to pay, or they will make some rules to control cryptocurrency.
jr. member
Activity: 177
Merit: 1
This is very good news.  Russia does not stand aside from the development of the economy ... or can it try to find salvation in it?
sr. member
Activity: 1512
Merit: 306
Is this news right? Some countries have legalized the crypto market. Now, if Russia is going to legalize the crypto market, it will be a good news, a very good news. It may lead some other countries to consider the crypto market in their country. let's wait how the rule and regulation will be applied in that country as well.

Do not wait for good news about the legalization of crypto currency from Russia. The adoption of the package has already been postponed, and if the laws are adopted, it is most likely only to bring the legislative base for taxation of cryptocurrencies miners and  traders.
jr. member
Activity: 266
Merit: 1
”Decentralized Digital Billboards”
If Russia ligates the crit, it will be fine. Countries that used to doubt the firmness of looking at Russia can also legalize it. Russia is an influential country in its behavior that other countries are looking at and how it behaves will behave like that in other countries.
sr. member
Activity: 476
Merit: 250
Streamity Decentralized cryptocurrency exchange
Is this news right? Some countries have legalized the crypto market. Now, if Russia is going to legalize the crypto market, it will be a good news, a very good news. It may lead some other countries to consider the crypto market in their country. let's wait how the rule and regulation will be applied in that country as well.
jr. member
Activity: 238
Merit: 1
Any good news about the crypto currency is the impetus for the growth of bitcoin and altcoins. News from Russia is certainly not as influential as China, but we will wait for them, because I am going to store all my savings in crypto-currencies.
newbie
Activity: 31
Merit: 0
I am positive. And I am sure that the legalization will take place. We cannot lag behind the other world in this industry, otherwise we will leave the scene of influential global economic countries.
full member
Activity: 686
Merit: 125
I am looking for a link that could to this good news for all the russian people who do love and engaged already in cryptocurrency. Well if this is true then definitely there will be a good pump up of bitcoin market price in the market. This is what we are waiting for to here of course and since russians do like cryptocurrency adapting to it and legalizing it meaning to say that this could be an opening for more good opportunities for crypto lovers and for the cryptocurrency system.
member
Activity: 152
Merit: 10
Indeed I am very glad to hear this good news because Russia is a developed country if Russia has started to legalize this cryptocurrenny is a very good beginning for the world of cryptocurrenny and also all this is really happening in the future
member
Activity: 350
Merit: 11
I don't know if this information is true. I mean russia is a big names when it comes to the countries that are the big players in the world, if they were going to legalize the cryptocurrency market then I am sure that there would be more knowledge of it, more publicity. It is already july now so I guess we will all have to wait and see if the legalization is really happening.
hero member
Activity: 981
Merit: 503
Now it's July but I have not heard anything about the legalization of crypto currency in Russia. If someone has accurate information about how things are with the crypto currency in this country?

You have not heard anything about it, because it is not happening. This was a fake news and were never true. Russia has no real intention of legalising crypto as far as I know.
sr. member
Activity: 1512
Merit: 306
Now it's July but I have not heard anything about the legalization of crypto currency in Russia. If someone has accurate information about how things are with the crypto currency in this country?

As predicted, many adoption of the package of laws was postponed at least until the fall of 2018. The only thing that was announced that all owners of crypto-currency will be required to pay income tax.
full member
Activity: 518
Merit: 100
Now it's July but I have not heard anything about the legalization of crypto currency in Russia. If someone has accurate information about how things are with the crypto currency in this country?
member
Activity: 238
Merit: 10
In the news, you can say anything, but I would like to see when all the promises will be realized and will begin to act.
I believe that Russia should apply and implement advanced technologies, including adopting crypto-currencies.
newbie
Activity: 56
Merit: 0
As revealed in a report by the Russian parliament’s official publication on March 1, Russian president Vladimir Putin has set a deadline on July 1 for relevant cryptocurrency legislation to be adopted in the country. Russian authorities are planning to pass new legislation that would effectively legalize cryptocurrency markets by summer 2018.
The report specifically points to two draft laws centered on blockchain technology that have been developed so far. Russia’s Ministry of Finance has put the spotlight on legal guidelines for the issuance of initial coin offerings (ICOs) while the country’s central bank has prepared a separate draft law on crowdfunding.
Two authorities have agreed upon the main regulatory moves on cryptocurrencies, save for one major contradiction when it comes to cryptocurrency exchanges operating in the country. In essence, the central bank isn’t keen on retail traders and investors participating in cryptocurrency trading.
A separate bill on digital assets – to be submitted to the Russian Parliament this month – will aim to establish governance rules surrounding cryptocurrency mining. Individual entrepreneurs will be allowed to enter mining pools established by legally recognized entities and “conduct activities to extract cryptocurrencies that do not fall under the criteria of industrial mining,” said Alexei Mostovshchikov, chair of the Expert Council of the Youth Parliament under the Russian Duma.
Aksakov further stressed that both bills, from the central bank and the finance ministry, will be submitted to the chamber this month.


   Unlike other countries, Russia is in no hurry to regulate. In my opinion, this is a sign of caution, namely, not to harm the economy. But still I can assume that Russia will not regulate cryptresources as the same China - hard. And most importantly, ICO must flourish in Russia! Especially promising projects, such as Kelvin Blockchain. Otherwise, quantum technology requires change!
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