Bitcoin Forum

Russian Legislature to Review Updated Bitcoin-Ban Seeking Bill in February


A draft bill submitted to Russia’s legislative assembly, the Duma, is updated to a new draft edition that may be reviewed as early as February. The updated draft is likely to exclude harsh punishments such as imprisonment for trading bitcoin and other cryptocurrencies, a punishment previously suggested by the Russian Finance Ministry.

The legislative initiative – originally forwarded in December – was initially seen as the first step to definitively criminalize cryptocurrency dealings and ban the use of bitcoin and other digital currencies.

The draft bill came in the aftermath of the severe punishment such as a 4-year prison sentence proposed by the Russian Finance Ministry to Russian citizens adopting cryptocurrencies.


https://www.cryptocoinsnews.com/russian-legislature-review-updated-bitcoin-ban-seeking-bill-february/