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Author Topic: [2014-08-05] CD: Russian Ministry of Finance Drafts Bill Banning Bitcoin  (Read 805 times)
LiteCoinGuy (OP)
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August 05, 2014, 01:17:12 PM
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Russian Ministry of Finance Drafts Bill Banning Bitcoin

The issue was discussed in government in June, when the Ministry of Finance was ordered to draft a bill specifically outlawing the use of all monetary alternatives, including cryptocurrencies.

On a more positive note, the Wall Street Journal last month reported that the Bank of Russia said it would not seek to take harsh measures against cryptocurrency use.

Bank of Russia deputy chairman Georgy Luntovsky said: “At this stage, we need to watch how the situation develops with these kinds of currencies. These instruments should not be rejected.”

Discussion on the bill is open until the end of this month and, if approved, the amended act will come into force in 2015.



http://www.coindesk.com/russian-ministry-finance-drafts-bill-banning-bitcoin/


ban, unban, ban, unban....

RodeoX
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August 05, 2014, 01:21:23 PM
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Then again, who cares about a law in Russia?   Cheesy

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howardb
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August 05, 2014, 09:13:08 PM
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Then again, who cares about a law in Russia?   Cheesy
Icelands ban was more significant than Russia's  Shocked
TheButterZone
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August 05, 2014, 10:44:33 PM
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Bring on the summary executions, then.

Saying that you don't trust someone because of their behavior is completely valid.
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