Topic: Russia prepares to legalize cryptocurrency market by July 2018 - page 8. (Read 1728 times)
Chairman of the State Duma Committee on the financial market said that the bill would allow buying and selling the currency for rubles and foreign currency. "But this is a topic for discussion," he said, so I think that this question is still in the queue for discussion.
Such news should be taken positively so that more and more countries follow this, if they really start regulating and legitimize crypto then i think it will boost the market and expected bulls seem to be in the market in july/august.
this is good news for all of us, because russia is the country that contributes most to the world of crypto currency.
Is that a joke ?to be honest i will believe this news only when i see them pass the law for cryptocurrencies and not a day sooner. because history proves that the news from Russia regarding cryptocurrencies have always been contradictory and all over the place. one day we hear they are going to legalize it and have no problem with bitcoin and the next time we hear someone saying bitcoin and cryptocurrencies should not even be allowed to exist! of course most of it is news bullshit clickbait but there is sometimes some contradictory views among government officials too which makes it harder to believe anything that comes from them.
thanks.We could also talk about ban telegram and so on...
Lol !
Big news hopefully it improves the market, seems unlikely atm though lol.
bitcoin can get the status of a financial product. but the recognition of crypto-currencies will also entail norms adopted to combat illegal transactions. regulators recognize the need to legalize bitcoin, although they do not believe that after leaving the shadow, it will become a widely used means of payment.
Apparently this is a good news if it were right and it might be the trigger of next bull run everyone is waiting for.
Unfortunately, not everything that the Russian president says can be trusted. But if all these promises on legalization will be fulfilled, it will undoubtedly positively affect the market of crypto-currencies, because Russia is a big country and there are many people who are interested in crypto-currencies, they are engaged in trading and mining
Nice! Russia is one of the countries that definitely should and should have legalized bitcoin earlier, but now that Russia will be legalizing it I have a great great feeling that their economy would improve by the end of 2018 or in the summer of 2019, but I am quite sure that Russia's economy would be definitely be better.
Not to mention that bitcoin has below 1% overall impact to world economy, but legalizing bitcoin doesn't mean better economy, even worse country with lower market capitalization than bitcoin could get crisisor economy collapse, by the way, im curious why you said that it will improve the country economy of russia.
This news is actually a good news for crypto enthusiast and hope this is a real news. If Russia accepts crypto currency then all the major countries which haven't accepted will definitely think of legalizing and at least they will remove the ban levied on cryto currencies. Lets wait and watch for the things to be really come in to existence.
Great news,so soon all the Russians can easly buy legalized crypto and it will kick our coins prices up.Russia has more than 100 millions population,so you can imagine the huge new market.
This is really good news, legalization can give a new impetus to the development of crypto currencies. Legalization - this is something that now lacks the market for crypto currencies. Nice! Russia is one of the countries that definitely should and should have legalized bitcoin earlier, but now that Russia will be legalizing it I have a great great feeling that their economy would improve by the end of 2018 or in the summer of 2019, but I am quite sure that Russia's economy would be definitely be better.
Russia is a main market for some cryptocurrencies thus it's really important for us to see this take place this year. It can be the best decission we ever seen until this year in crypto markets. I fully support this.
Nice! Russia is one of the countries that definitely should and should have legalized bitcoin earlier, but now that Russia will be legalizing it I have a great great feeling that their economy would improve by the end of 2018 or in the summer of 2019, but I am quite sure that Russia's economy would be definitely be better.
Great news,so soon all the Russians can easly buy legalized crypto and it will kick our coins prices up.Russia has more than 100 millions population,so you can imagine the huge new market.
I doubt this would happen because Russia is already banning Telegram where most of the crypto groups are active. However, if I had to believe your news, I would say that it is an amazing news and its effects would definitely be seen across the entire market.
On the negative side, the Supreme court of India has rejected to give any relief to the crypto community by not blocking recent move by RBI to ban crypto exchanges.
On the negative side, the Supreme court of India has rejected to give any relief to the crypto community by not blocking recent move by RBI to ban crypto exchanges.
The good news is that Russia always walks in front of the world in terms of cryptocurrency. They will become the second country officially recognized as a cryptocurrency after Japan.
I'm afraid that the rules of regulation will be tough enough and make the organization of ICO in Russia senseless. This will provoke the withdrawal of projects from Russia to other countries.
This has to have a huge impact in the crypto price ...many countries will follow and will see more adoption.
to be honest, I very poorly believe that Russia will be able to legalize the cryptocurrency and ordinary Russians will be able to do it. Russia is a very complex country of people who want to engage in cryptocurrency. so I would not draw far-reaching conclusions.
If all this is true then this is a boon for cryptocurrency，When more and more countries in the world recognize cryptocurrencies, the market will develop many times faster than before. Especially the recognition of these big countries and developed countries, I think it's really great. When that day comes, I will definitely celebrate
At the moment in Russia, the Ministry of Finance proposes to consider cryptocurrencies and tokens as digital financial assets that are not legal tender in the Russian Federation. You can only trade on Russian exchanges. Exchange operators must be registered as legal entities and comply with the Federal laws "on the securities market" and "on organized trade". The presidential administration believes that tokens have the same character as securities. The Central Bank and the government will have to prepare amendments to the legislation providing for the definition of such concepts as" cryptocurrency"," token","smart contract"by July 1, 2018. At the same time, it is stipulated that the ruble will still have the status of the only legal means of payment.
In Russia, everything is done only to ensure that ordinary people could not become rich.
In Russia, everything is done only to ensure that ordinary people could not become rich.
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