Russia to Legalize Bitcoin?

[neurotypical]

There are always underlying reasons to ban or legalize something, but I fail to understand what Putin is gaining by legalizing Bitcoin. Maybe Putin is cool all of a sudden? doubt so.

[EternalWingsofGod]

Well a footnote is Max Keiser can talk on RT all he wants about Bitcoin and he has no issues
In fact they bring in guests to talk about cryto so the fact they are considering legalizing Bitcoin makes sense.
(It is one of the core organisations of strategic importance to Russia)
So it's on the radar and would have been muzzled long ago if Russia really was planning to ban it from usage.

[tvbcof]

There are always underlying reasons to ban or legalize something, but I fail to understand what Putin is gaining by legalizing Bitcoin. Maybe Putin is cool all of a sudden? doubt so.

One of the most useful utility that Bitcoin has is as a 'wealth pump' of sorts.  Achieving this with more mainstream systems is fraught with difficulty...particularly for Americans.  Perhaps Russia is anticipating a scenario where the direction of flow will be favorable to them.  Just a guess.