Putin Advisor: Accepting Bitcoin Payments in Russia is a Crime

[franky1]

Just read it, have you noticed the date?

ok you read the first line..

and just so you know the government are reading this draft right now, and no amendments will be made until atleast february 20th. so that version is the most current, relevent and active version available.

now skip to section 30

by the way..
coindesk, talking about Forklog, talking about lenta.ru

so if you can find the actual quote and not coindesk/forlog/lenta stuff.. then you may win one round

[ahpku]

Just read it, have you noticed the date?

ok you read the first line..

and just so you know the government are reading this draft right now, and no amendments will be made until atleast february 20th. so that version is the most current, relevent and active version available.

now skip to section 30

I have skipped to section 30, I have skimmed through it. What does it have to do with words spoken a day or two ago? You ok, Friend?

The cited article: http://www.coindesk.com/receiving-bitcoin-payments-is-a-crime-says-russian-presidential-advisor/
"An advisor to Russian president Vladimir Putin has reportedly spoken out about bitcoin, going as far to suggest that taking payments in the digital currency is a criminal act.

Recently appointed Internet advisor German Klimenko told Russian-language online news service Lenta.ru that the acceptance of bitcoin payments constitutes a crime.

According to a translation by Russian bitcoin news site ForkLog, Klimenko told Lenta.ru:

    "Bitcoin is not the first one, there are other settlement means. Accepting bitcoin as a payment for anything is unacceptable because it is a crime."
News (typically) gets reported within a few days of it happening. If it happened last month? Not news

[Blawpaw]

The Russian Government forbids and criminalizes bitcoin every year...

[ahpku]

The Russian Government forbids and criminalizes bitcoin every year...

Actually no, it's just being hashed out, pardon the pun

firstly the bill is a draft.
secondly its about issuing any form of money without registering as a money business.
thirdly its not criminal (prison) its civil (fine)

citizens accepting funds for own use wont get fined.

but if found exchanging it multiple times(as a private broker/dealer) without being registered will be fined $250-$500 plus said bitcoins linked to the private broker confiscated.

small businesses accepting funds for own use wont get fined. but if found exchanging it in their small business will be fined $650-$900 plus said bitcoins linked to the small business confiscated.

large businesses.. blah blah.. $1000-$1300 fine plus coins confiscated

best analogy i can compare it to..
drugs
if your just buying it for personal use and only caught once. nothing will happen. but if your an unlicenced medication dispenser(dealer).. expect a fine.

Well no, crime, with possible JAIL TIME.

"Bitcoin is not the first one, there are other settlement means. Accepting bitcoin as a payment for anything is unacceptable because it is a crime.""

https://www.cryptocoinsnews.com/russian-finance-ministry-proposes-a-2-year-prison-sentence-for-bitcoin-adopters/
According to a report, the Russian Finance Ministry is seeking to push for amendments to the Criminal Code by proposing two-year ‘corrective labor’ sentence, or a fine of up to 500,000 rubles for bitcoin users.

    The Russian Interior and Finance Ministries see cryptocurrencies as a threat to not only the Russian economy, but also its national security.
    ‘Corrective labor’ colonies are among the most common types of prisons in Russia. They are a combination of penal detention and forced labor.

Been brewing for awhile...

Bitstamp Bans Access from Russia "Temporarily"
"Russian users of popular Bitcoin exchange Bitstamp are struggling to gain access to their trading accounts, due to the company’s decision to temporarily [Hahahahaha -ed] block access from all Russian IP addresses. According to the database of FSSCIM, as of January 18, 2016, Bitstamp is granted full access and there are no pending attempts to restrict access to the site."

“To ensure compliance with the new regulatory regime, protect affiliate service providers, and most importantly – protect our valued customers in Russia – Bitstamp has decided to temporarily block access to its website from Russian IP addresses until we can assess the situation with more clarity.”

It begun!

Russian Bear Fed Up With Bitcoin Bullshit

Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax.

Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill.

Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623).

[franky1]

waffle from clickbait

so you want to use clickbait as your evidence..
again.. dont give coindesk links or forklog links.. and give the Lenta.ru or even a government news link which meant to be the source of a guy that just arrived in his job 1 month ago, who has not even made a draft himself, or any amendments (as they wont be done before february 20th)

so show me the quote on Lenta.ru which all the clickbait crypto sites have copy and pasted but not directly linked

please show the source, not the mis-interpretted and twisted comment out of context on the clickbait sites.. the actual source please

[Bit_Happy]

If oil prices stay down for long, then the Russian Gov't will not have any time or money to focus on Bitcoins, since they will have a major crisis on their hands.

[franky1]

If oil prices stay down for long, then the Russian Gov't will not have any time or money to focus on Bitcoins, since they will have a major crisis on their hands.

its not bitcoins they are directing it at precisely.. its illegal money exchanges that swap into any currency that is not legal tender (not the ruble) AKA money surrogates, which such new legislation affects a multitude of unregistered businesses that are not bitcoin related, if they dont register also.

but you are right oil (their main income stream) is a bigger threat to their economy..but they o nee to ensure that all of the exchanges into foreign currency are registered and overseen to try to avoid a bank run out of the ruble.

we wont see a true an accurate update to the bill until after february 20th.. so until then its just 'screams and whistles' of noise

[yvv]

Accepting Bitcoin Payments in Russia is a Crime

Show me one single person, who was prosecuted for this "crime". Don't copypast bullshit "news" which are pulled out of morons ass.

[ahpku]

Accepting Bitcoin Payments in Russia is a Crime

Show me one single person, who was prosecuted for this "crime". Don't copypast bullshit "news" which are pulled out of morons ass.

Are you saying that EVERY BITCOIN PUBLICATION IS LYING TO US?

http://www.coindesk.com/receiving-bitcoin-payments-is-a-crime-says-russian-presidential-advisor/
http://forklog.net/putins-internet-counselor-accepting-bitcoin-is-a-crime/
http://themerkle.com/news/putins-adviser/
How is this possible?
Mainstream press hates us, Bitcoin press hates us too?

[franky1]

Accepting Bitcoin Payments in Russia is a Crime

Show me one single person, who was prosecuted for this "crime". Don't copypast bullshit "news" which are pulled out of morons ass.

the actual legal documents say that a individual being an unregistered money broker (like exchanging multiple times on localbitcoins) will only get a fine of 40k ruble ($500)

it is things like a CEO of a bank (legal entity) that is registered to process the ruble but has not declared they are exchanging into 'money surrogates' (not just bitcoin but many other currencies) . that can be fined millions or go to prison for a couple years.

but i do love the clickbait websites that twist stories into 'little immy will get jail if he even touches bitcoin'

[Nudies Fluffer]

What putin fails to see is that he cannot police the world let alone his own country.

if anything this just makes bitcoin more valuable in russia. As it will be traded as contraband.
Making things illegal doesn't make them go away, merely forces them into shadier hands.

[franky1]

http://www.coindesk.com/receiving-bitcoin-payments-is-a-crime-says-russian-presidential-advisor/
http://forklog.net/putins-internet-counselor-accepting-bitcoin-is-a-crime/
http://themerkle.com/news/putins-adviser/
How is this possible?
Mainstream press hates us, Bitcoin press hates us too?

coindesk copy and pasted the forklog
the merkle copy and pasted the forklog

its not their fault they do not have brains to do independant investigations..

so read forklog, that quotes lenta.ru..
then find me the actual source on lentra.ru..

then you wont have to take other peoples context, as you will have the source..

[ahpku]

http://www.coindesk.com/receiving-bitcoin-payments-is-a-crime-says-russian-presidential-advisor/
http://forklog.net/putins-internet-counselor-accepting-bitcoin-is-a-crime/
http://themerkle.com/news/putins-adviser/
How is this possible?
Mainstream press hates us, Bitcoin press hates us too?

coindesk copy and pasted the forklog
the merkle copy and pasted the forklog

its not their fault they do not have brains to do independant investigations..

so read forklog, that quotes lenta.ru..
then find me the actual source on lentra.ru..

then you wont have to take other peoples context, as you will have the source..

Dear Friend: It's a frickin' video interview.
Listening to it now
Here's a link, you frikin ...Friend: http://lenta.ru/video/2016/02/05/klimenko/

[franky1]

What putin fails to see is that he cannot police the world let alone his own country.

if anything this just makes bitcoin more valuable in russia. As it will be traded as contraband.
Making things illegal doesn't make them go away, merely forces them into shadier hands.

its only illegal if you dont register as a money surrogate exchanging business.
if an individual doesnt register, he van be fined $500

if a bank CEO doesnt reveal and register their money surrogate exchanges. they can be fined millions of ruble or get prison time.
in short. its the same thing as in america.

[ahpku]

What putin fails to see is that he cannot police the world let alone his own country.

if anything this just makes bitcoin more valuable in russia. As it will be traded as contraband.
Making things illegal doesn't make them go away, merely forces them into shadier hands.

its only illegal if you dont register as a money surrogate exchanging business.
if an individual doesnt register, he van be fined $500

if a bank CEO doesnt reveal and register their money surrogate exchanges. they can be fined millions of ruble or get prison time.
in short. its the same thing as in america.

Ahahahaha! Here you go, Friend

He does, he does say the very words, right here


http://lenta.ru/video/2016/02/05/klimenko/

See the word биткoины? That's Bitcoins, in Cyrillics.





Please ignore the ignorant goof, he trolled me into finding this bullshit, don't let him waste your time

[Tavos]

Wow, that sucks for bitcoin. Hopefully it won't be enforced much or it's more of a threat then an actual law.

[Laosai]

What putin fails to see is that he cannot police the world let alone his own country.

if anything this just makes bitcoin more valuable in russia. As it will be traded as contraband.
Making things illegal doesn't make them go away, merely forces them into shadier hands.

Hmm... Every country does the same.

It's just the fact that if you don't register important exchanges of money, you'll be fined because you didn't pay taxes here.

I mean, not saying it's good or bad, but that's the case in all Europe and whole America. Putin just raised it to btc exchanges too that's all.

[BTCBinary]

The same thing all over again. Now its Russia, then it will China, Then what?
But if this actually turns oput to be true, things will be getting a lot tuffer for Bitcoin

[Meuh6879]

in France, accept cash payment over 1000 euros ... is a crime, too.  
in Germany, accept cash payment over 5000 euros ... is a crime, too.

i don't remember that money have been invented to block the normal selling of thing ...  

so, Bitcoin win at the end.

[Laosai]

in France, accept cash payment over 1000 euros ... is a crime, too.  
in Germany, accept cash payment over 5000 euros ... is a crime, too.

i don't remember that money have been invented to block the normal selling of thing ...  

so, Bitcoin win at the end.

It's not the money that is responsible for that but the government. And they do that to control money movements.

You're sure for the 1000 euros cash in France? Seems a bit low to me!

And bitcoin won't help if government adapts itself cause each time you'll have to exchange btc for EUR they'll tax you at this moment x)