Topic: Russia Proposes Jail Sentence for Bitcoin Activities - page 6. (Read 5099 times)
this is absurd. The Russian government is really trying to stifle the development of this industry in the country. They are only going to realize the stupid mistake they are making when it's too late. Digital currency and the blockchain tech is going mainstream, so if they turn their backs at it now, they will stay far behind in the long run.
I thought it is only targeting bitcoin exchanges services in Russia? Is owning bitcoin also considered illegal in Russia? How to prove that you own bitcoin?
Great, after the whole EU zone seemed to accept and loosen the screws of regulation on bitcoin, Russia wants to tighten its grip on bitcoin. :/
Quote
Up until this point, Bitcoin users in Russia could get convicted of this “criminal activity”, and pay up to 500,000 RUR or be forced to commit to correctional labor for up to two years.
Yea.. Few years ago before bitcoin the criminals was using the RUR so please ban it too!
Owning or mining need to be punished!.... Great! Someone give them a lollipopS so we cannot hear their stupid ideas anymore!
Ministry of Finance is cracking down on cryptocurrencies in general, and this new proposal could just be the beginning of things to come
http://bitcoinist.net/russia-proposes-jail-sentence-bitcoin-activities/
http://bitcoinist.net/russia-proposes-jail-sentence-bitcoin-activities/
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