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Author Topic: Russian Central Bank changed stance on bitcoin and might make it legal  (Read 2201 times)
bitcoin revo (OP)
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June 11, 2015, 12:53:55 PM
 #1

The fate of bitcoins in Russia might be decided next week, says the Russian newspaper Izvestia. A government-run bitcoin exchange could be created to monopolize the ruble/bitcoin conversion.

source:
http://www.coinfox.info/news/legislation/2196-media-russian-central-bank-changed-stance-on-bitcoin-and-might-make-it-legal
H.W.Z
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June 11, 2015, 01:06:18 PM
 #2

Even the gov cannot avoid the trends of bitcoin adoption! It means individuals, who are trading and holding, are legal later! It is great news for bitcoin community and for their own ppl!

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June 11, 2015, 01:09:07 PM
Last edit: June 11, 2015, 02:14:34 PM by LaudaM
 #3

I think that a good part of us saw thing coming. It was actually quite simple.
Bitcoin can live without them. The question is: Can they live without Bitcoin?

It would be nice if they make it legal, even though they a government run exchange might appear.

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eyeknock
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June 11, 2015, 01:16:04 PM
 #4

lol thats a pretty good news, im glad that they change their minds, we should give the welcome to the russian gov? Tongue

I think that a good part of us saw thing coming. It was actually quite simple.
Bitcoin can live without them. Can they live without Bitcoin?

beleive me, they will soon or later, they are not idiots and cant ignore what others are doing.
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June 11, 2015, 01:21:11 PM
 #5

Bitcoin can live without them. Can they live without Bitcoin?

very well formulated  Grin
thebenjamincode
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June 11, 2015, 01:53:56 PM
 #6

wow! that's great news, i hope it would be a success
i think it will be a great benefit to the bitcoin community because a country is going to recognize it
bryant.coleman
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June 11, 2015, 01:57:04 PM
 #7

A government run bitcoin exchange? Now that will be very good for the noobs, as they won't have to worry about the legal status, tax issues and safety. Also, there will not be greedy people like Mark Karpeles, who will steal the coins and run away with them. Also, there is a chance that the coins will be insured. But they should make sure that they store the coins properly.
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June 11, 2015, 02:06:29 PM
 #8

"A government-run bitcoin exchange could be created to monopolize the ruble/bitcoin conversion." Bitcoin was created to free us from the bonds of governments and financial institutions.
But we can't handle it and want to bring back enslavement?  Bitcoin might be decentralized but cannot exist without satellite services: exchanges.


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Elwar
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June 11, 2015, 02:07:21 PM
 #9

Oh shit...a government profiting from Bitcoin.

Russia's about to become the new superpower.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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June 11, 2015, 02:13:35 PM
 #10

A gov run exchange.. interesting.
bryant.coleman
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June 11, 2015, 02:17:10 PM
 #11

Oh shit...a government profiting from Bitcoin.

Russia's about to become the new superpower.

The Russian Central Bank is probably hoping to prevent the capital outflow in the form of Bitcoins. Read somewhere that in the past year alone, funds worth some $155 billion were transferred out of Russia. The central bank has been taking a number of steps in this regard. Recently they had declared an amnesty on people who had hidden their wealth in tax heavens.
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June 11, 2015, 02:24:41 PM
 #12

Bitcoin can live without them. The question is: Can they live without Bitcoin?
Excellent point. China will be next.

Looking to buy a verified betfair account with escrow.
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June 11, 2015, 02:26:16 PM
 #13

Bitcoin is a great great to circumvent sanctions imposed by the international community on Russia, Paypal doesn't process russian citizens payments, Mastercard and Visa also not allowed to do so, banks ditch russian citizens, no problem, mass adopt bitcoin!

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June 11, 2015, 02:26:27 PM
 #14

They first try to spread fud and once they see business they legalize it again, it's funny. Money laundering, terrorism, prospect of losing money, oh my! Meaningless propaganda, neither of which has any more footing related to anything bitcoin than it does the Russian Rubble or the USD.

Once the idiots in governments figure out how to make money off bitcoin they'll vocally support it. Same as it ever was.

Just like the douche who regulated Bitcoin in New York then quit to open a Bitcoin consulting business.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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June 11, 2015, 02:46:14 PM
 #15

You guys need to relax. If they open up a government controlled exchange it won't be that bad. This doesn't mean that they are going to halt the operations of others.
Rather it means that if Bitcoin goes legal, it will get there much faster.

lol thats a pretty good news, im glad that they change their minds, we should give the welcome to the russian gov? Tongue

beleive me, they will soon or later, they are not idiots and cant ignore what others are doing.
Sooner or later everyone will want to join.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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June 11, 2015, 03:21:53 PM
 #16

According to Aleksey Tyurin from the Digital Security company, a cryptocurrency cannot be technically banned without the ban on Internet.

they finally have understood it, this is one good example about "if you can't fight it, join it"

besides they have changed their mind, only because for one reason, because they want to tax the shit out of it

many others nations, where bitcoin is banned right no, in the future will change their mind too, if they will need more money

closing the doors to bitcoin, it's like closing the doors to tourist, basically you lose money....


also something interesting about the 80%, that say that they never heard of bitcoin, i think that some of them were leing, because they were terrorized, by their gov, when bitcoin was approaching its ban
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June 11, 2015, 03:43:20 PM
 #17

Some operations with the central bank may allow Bitcoin and regulate - in particular, carrying out transfers and payments to individuals and interconnect them.
But it will be necessary to verify their identity. In Russia can not be anonymous. Putin will not allow it.

Freedom to Ross Ulbricht!
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June 11, 2015, 04:02:19 PM
 #18

My best guess is that the right people in the Russian leadership are just beginning to understand the strategic implications of this technology.

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June 11, 2015, 04:45:44 PM
 #19

Let's hope it will be really legal in Russia.
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June 11, 2015, 05:00:28 PM
 #20

They see the possibility in using bitcoin to overcome international sanctions, similar to Chinese corrupted officers using bitcoin to transfer their wealth to western thus bypass the capital control

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