[2014-08-05] CD: Russian Ministry of Finance Drafts Bill Banning Bitcoin

[LiteCoinGuy]

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]

Then again, who cares about a law in Russia?   

[howardb]

Then again, who cares about a law in Russia?   

Icelands ban was more significant than Russia's 

[TheButterZone]

Bring on the summary executions, then.