Topic: Russia will regulate cryptourrencies - page 3. (Read 3474 times)
They are just afraid that they can't control the currency, afraid of knowing nothing
in case you missed it:
https://coingeek.com/unlucky-13-russia-starts-blocking-cryptocurrency-focused-sites/
https://coingeek.com/unlucky-13-russia-starts-blocking-cryptocurrency-focused-sites/
It seems to me that the position of any state is irrelevant to the development of bitcoin. When there were rumors that China wants to ban bitcoin, it does not affect the growth of bitcoin prices. People who believe in and support the bitcoin will always find a way to use it. The government will not be able to stop it. In Russia when-that was criminal liability for the use of the dollar. This does not stop people from using it. It was once the case that people for this shot. Bitcoin depends on people without reference to the state.
Putin used to keep everything under control. Russian even an opinion can not Express freely. You think he might allow free circulation of cryptocurrency? Lol. I'm sure he will ban all cryptocurrencies except the one which is created by Russian. I will never use it. I would not be surprised if along with the code of the wallet to the computer is installed some kind of spyware. I don't believe the Russians and their currency.
I'm with you here. Russia specially with Putin still at the helm and total control of everything, won't simply allow crypto's to flow on their country for the simple reason that its decentralized. So that take everything with a grain of salt the word coming from their government. You can't really trust them because its like they are just talking to look like they are friendly to cryptocurrencies. But beware they are not in my opinion.
I think whatever happens in Russia regarding Bitcoin or cryptos won't be effecting the market much as I believe Russia still doesn't have much bitcoin investors or crypto community is large enough there. Russia isn't a big market for cryptos and whatever government is doing should hardly be any of market's interest.
Right now the main focus is Asian market including Japan, South Korea, India and China along with USA and some part of Europe.
Yeah that's right rumored like that, and it sounds good. The country will legalize bitcoin and other types of cryptocurrencies in order to combat illegal transactions. But I think that's not really certain yet and it seems that it's still a plan in the process of bringing together a view of the status cryptocurrencies, and will determine how to regulate it.
Putin has aways been interested in Bitcoin. Ever since it went mainstream, he knew Russia would be amongst the top countries in the crypto community.
Today in a stream of news about bitkoin this forum there was information that 13 sites are banned in Russia. connected with crypto currency. An opinion is expressed. that this site can be banned in Russia. So will Russia be one of the first countries to support the Crypto currency? Or will she strictly prohibit everything related to her? I see that in Russia the words of politicians often disagree with their business. Putin used to keep everything under control. Russian even an opinion can not Express freely. You think he might allow free circulation of cryptocurrency? Lol. I'm sure he will ban all cryptocurrencies except the one which is created by Russian. I will never use it. I would not be surprised if along with the code of the wallet to the computer is installed some kind of spyware. I don't believe the Russians and their currency.
I'm with you here. Russia specially with Putin still at the helm and total control of everything, won't simply allow crypto's to flow on their country for the simple reason that its decentralized. So that take everything with a grain of salt the word coming from their government. You can't really trust them because its like they are just talking to look like they are friendly to cryptocurrencies. But beware they are not in my opinion.
Putin used to keep everything under control. Russian even an opinion can not Express freely. You think he might allow free circulation of cryptocurrency? Lol. I'm sure he will ban all cryptocurrencies except the one which is created by Russian. I will never use it. I would not be surprised if along with the code of the wallet to the computer is installed some kind of spyware. I don't believe the Russians and their currency.
I'm with you here. Russia specially with Putin still at the helm and total control of everything, won't simply allow crypto's to flow on their country for the simple reason that its decentralized. So that take everything with a grain of salt the word coming from their government. You can't really trust them because its like they are just talking to look like they are friendly to cryptocurrencies. But beware they are not in my opinion.
Putin used to keep everything under control. Russian even an opinion can not Express freely. You think he might allow free circulation of cryptocurrency? Lol. I'm sure he will ban all cryptocurrencies except the one which is created by Russian. I will never use it. I would not be surprised if along with the code of the wallet to the computer is installed some kind of spyware. I don't believe the Russians and their currency.
Evil Putin. Believe me, any government will try to make the best out of cryptocurrencies. Any government will observe the econimic reactions from it and I guess, Russia is open an economic window by cryptocurrencies e. g. for trading and worldwide financial transactions. If Putin regulates cryptocurrencies, then to not allow capital flight. But international investment will be allowed, for sure.
Putin used to keep everything under control. Russian even an opinion can not Express freely. You think he might allow free circulation of cryptocurrency? Lol. I'm sure he will ban all cryptocurrencies except the one which is created by Russian. I will never use it. I would not be surprised if along with the code of the wallet to the computer is installed some kind of spyware. I don't believe the Russians and their currency.
I doubt that the russians will be able to effectively regulate the cryptocurrency.
we know that Russian President Vladimir Putin is a pro cryptocurrency and he has several planning about crypto in Russia, including mining bitcoin to compete with China in mining industry, on the other hand Central Bank Governor Elvira Nabiullina seems against cryptocurrency. However, the last meeting; the ministry proposed to register cryptocurrency miners and to license crypto exchanges. But, it's almost a month and there is no any sign of newest regulation about this matter. Cryptocurrency bring some advantages into economy, as long as Government regulate exchanges, it will not be a problem as they can over watch money flows from abroad.
I beg to disagree to you here. I don't think that Vladimir Putin is pro cryptocurrency, he hates bitcoin. The only crypto that is going out on his mouth is Ethereum. But if you are going to see Russia's statement for the last 6 months or so. Its totally contradictory that's why I arrived in the conclusion that they are going hard on crypto specially bitcoin. They already made their own crypto, so I don't think that they will endorse another one unless it is backup by their government. Yes, we already know that crypto really brings more to the economy but I don't think Russia will allow anything that they can't control.
we know that Russian President Vladimir Putin is a pro cryptocurrency and he has several planning about crypto in Russia, including mining bitcoin to compete with China in mining industry, on the other hand Central Bank Governor Elvira Nabiullina seems against cryptocurrency. However, the last meeting; the ministry proposed to register cryptocurrency miners and to license crypto exchanges. But, it's almost a month and there is no any sign of newest regulation about this matter. Cryptocurrency bring some advantages into economy, as long as Government regulate exchanges, it will not be a problem as they can over watch money flows from abroad.
Putin has aways been interested in Bitcoin. Ever since it went mainstream, he knew Russia would be amongst the top countries in the crypto community.
Do you know the TV tower in the city Ekaterinburg, Russia was proposed to be turned into a mining farm. A resident of Ekaterinburg wrote a letter to Russian President Vladimir Putin with a proposal to convert an unfinished TV tower in the city center to a giant mining farm (while the largest farm in the country looks like this). The author of the letter says that he has a working scheme of the farm, but he can not get permission from the local authorities. The idea of appealing to the President with the author of the letter of Yaroslav Shirshikov ripened after he heard from Putin's Press secretary, Mr. Peskov, that the President Vladimir Putin was "sick" with the digital economy.
We will see if the idea becomes successful.
I’m good with it, regulations will prevent more scammers and give a chilling to those doing some criminal activities. This is nothing new for now, the government are aggressively dealing with this IRR for a while now. Let see if the Russian citizens will have complaints about this or if they support it, the better I think.
Putin has aways been interested in Bitcoin. Ever since it went mainstream, he knew Russia would be amongst the top countries in the crypto community.
Do you know the TV tower in the city Ekaterinburg, Russia was proposed to be turned into a mining farm. A resident of Ekaterinburg wrote a letter to Russian President Vladimir Putin with a proposal to convert an unfinished TV tower in the city center to a giant mining farm (while the largest farm in the country looks like this). The author of the letter says that he has a working scheme of the farm, but he can not get permission from the local authorities. The idea of appealing to the President with the author of the letter of Yaroslav Shirshikov ripened after he heard from Putin's Press secretary, Mr. Peskov, that the President Vladimir Putin was "sick" with the digital economy.
We will see if the idea becomes successful.
All countries will regulate crypto currencies soon, we just can't go from this. But I suppose it will stay couple of countries or states where bitcoin will be non control, like a free zone. So, that's a normal process to make bitcoin as a daily part of life of all people but not a group of "chosen one".
Why is Russia supporting crypto currency that much, are they really earning big from those ICOs?
Putin has aways been interested in Bitcoin. Ever since it went mainstream, he knew Russia would be amongst the top countries in the crypto community.
But now Russia is not in the top
Russia is maybe not in the top at the moment in talking of bitcoin race but in talking of economy, military and influence Russia is always one of the super power nation in the world in which it will benefits the bitcoin and digital currencies to become more popular and stable because of some Russian investments and affiliations. It is too early to judge that Russia will not be included among the top countries in Crypto world maybe at least a year will be a worth waiting.
After a meeting last Tuesday among Russian President Vladimir Putin with the Central Bank of Russia, he said that the Central Bank should avoid making hasty 'ban' decisions about digital currencies.
He also said that the government will work together with Vitalik Buterin and the Ethereum platform to improve the government's system.
Now, authorities say that bitcoin and other digital currencies will be legally regulated from exchange to mining.
"We have agreed on the following: the state should regulate the process of issuing cryptocurrencies, the process of mining, the process of circulation…The state should head this situation and regulate it legally." -Anton Siluanov, Finance Minister of Russia.
See here: https://news.bitcoin.com/putin-confirms-russia-regulate-cryptocurrencies
He also said that the government will work together with Vitalik Buterin and the Ethereum platform to improve the government's system.
Now, authorities say that bitcoin and other digital currencies will be legally regulated from exchange to mining.
"We have agreed on the following: the state should regulate the process of issuing cryptocurrencies, the process of mining, the process of circulation…The state should head this situation and regulate it legally." -Anton Siluanov, Finance Minister of Russia.
See here: https://news.bitcoin.com/putin-confirms-russia-regulate-cryptocurrencies
Russian government is really showing support on crypto currency, first announcing their plan to have their own crypto currency "crypto rubble" and now having plans on how to regulate the coin. I think Russia is really seeing the future potential of crypto currency and wants to be one of the countries who will first on this technology. Aside from that they are one of the countries who has a huge amount of miners and developers of new ICOs.
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