The Russian government isn’t just considering a move to make bitcoin use illegal. It wants Russia to replace it with its own knockoff digital currency.
A report Friday in Russia’s Kommersant newspaper, citing Paul Livadniy, deputy director of the Rosfinmonitoring, Russia’s federal anti-money laundering agency, said that Russia was moving ahead with a controversial plan to create a government-sponsored and monitored digital currency. Unlike with bitcoin, or nearly any other cryptocurrency, Russia’s plan wouldn’t allow use of the currency to be pseudonymous—it would require users to first register with the government.
http://www.vocativ.com/323435/russia-bitcoin-ban/
