Russia prohibits cryptocoins

[Mini_Miner]

Already today decentralized exchanges are popular and it fix most of the problems with the ban. State is just slow.

[abvhiael]

 ANOTHER BAN!!! what a great loss for the cryptoworld! we all thought that Russia was just plannig to legalize cryptocurrencies, but the move was official i hope this well be temporary. it brought the shils to my body. 

[abvhiael]

there no sense in in banning crypto-currencies. they will still be the future. why all this fear cryptocurrencies???

[krypt0n1]

This was a strategic move to make way for the development of their own cryptocurrency. It's a conflict of interest if they permit other cryptocurrencies and want people to adopt the crypto ruble. Thanks to more and more decentralized exchanges and VPNs, the people of Russia that want alternatives will find ways to purchase them.

https://cointelegraph.com/news/breaking-russia-issuing-cryptoruble

[FrueGreads]

They are not banned, they are being regulated and that's completely different. I think they will accept crypto, because they are welcoming mining, but they want to keep a close eye on them, and that's perfectly normal. Last article I read about the subject on cointelegraph said that they were considering allowing crypto to be traded only by "professionals" only. Either by people with over 2 years of proved experience in trading, or with more than the equivalent to $100.000 in their account. Crypto is volatile as we all know, and they want to prevent people from losing money on it (if they try to trade it).

[Lonsdayl]

there no sense in in banning crypto-currencies. they will still be the future. why all this fear cryptocurrencies???

Russian government doesn’t afraid of cryptocurrencies. They want to create their own cryptoRUBLE. But there are some problems in the country: corruption, theft and iniquity. Too many problems that can’t be ignored, financial regulation will be in future…

The last thing that government will do – legalize crypto and ban o regulate ICO.

[Iolanna]

I hope it's just another fake news, but if its true it'll have even bigger influence on the market then China. And other countries can also follow this trend to block cryptocurrencies.

[taxmanmt5]

Hasn't Russia learned anything from China?? They can ban cryptocurrency all they want and they will continue to rise. The future is here and it is decentralised. They citizens will just find other ways to access cryptocurrencies that don't involve governments.

First of all china did not ban crypto coins or bitcoins. They only ban the ICO. Why people are confusing things with ICO and bitcoins. Russia has their own intentions and it does not matter much to the overall usage and volume of bitcoins. When china started the Fud, the price fall, but now again the price is back to normal. Russia banning the coins will have no big impact either, so no need to worry from these news.

[Aamir1]

It doesn't make any sense. They say cryptocurrencies can be used to do bad things, so aren't they using fiat for doing bad things as well? Why don't they ban fiat too to stop money laundering and other criminal activities? These are just excuses, and the real reason why they are not letting cryptocurrencies to be traded is that they are afraid if more people come to know about them and start using them, they will stop using banks and paying taxes, and government will be affected if the majority starts following this trend.

[Mertalot]

At the same time Russian government is going to create state crypto cryptoruble. And probably impose tough restrictions on it

[Mini_Miner]

Again? Such news appears too often. There will be electricity and there will be a crypt. Only propaganda can help governments.

[raven7886]

Again? Such news appears too often. There will be electricity and there will be a crypt. Only propaganda can help governments.

Such kind of news are spread to panic the investor and take down the popularity of crypto currency and In case of bitcoin previously the different rumors are flying and most of investor take it seriously and price goes down to 3000USD and then the awareness program is started so that this panic selling should be avoided now o one listen to such kind of news there is no confirmation on Russia news yet so don’t worry.

[valentin68]

This article is from 10 October, today is 22 October. Many things have happened since then. Russia was saying that its intention was to ban exchanges, not the btcoin. I said this before and I am saying it: their intention is the same as China has done to protect their people and their production of bitcoin. Now (these days, yesterday or today) we know that Ukraine wants to legalize bitcoin, my guess is that Russia is going to do the same as Ukraine.

[ASHLIUSZ]

This article is from 10 October, today is 22 October. Many things have happened since then. Russia was saying that its intention was to ban exchanges, not the btcoin. I said this before and I am saying it: their intention is the same as China has done to protect their people and their production of bitcoin. Now (these days, yesterday or today) we know that Ukraine wants to legalize bitcoin, my guess is that Russia is going to do the same as Ukraine.

As the user mentioned, Russia has planned to regulate the exchange activities and there is no plans of a bitcoin ban. In the past, Russia once made a ban over digital currencies and this ban was taken back when the government found the backing technology to be the best for its financial administration.

[KingScorpio]

Russia prohibits cryptocoins. Link below.
https://www.reuters.com/article/us-russia-cenbank-bitcoin/russia-turns-cold-on-crypto-currencies-idUSKBN1CF0RF
How do you think the wave  and other coins will cope in such conditions?
What the burger king in russia will now treat as a criminal activity

https://bitcointalk.org/index.php?topic=2302502.0

i opened and predicted this stuff for you

so you freaks if you want to have a future you better take serious what i told you

[Argoo]

In Russia, as far as I know, never forbidden cryptovata and prohibit its circulation there are not going to. From Russia, there is indeed conflicting information about the crypto currency, but recently they were going to introduce their national regulated digital currency, Cryptorubl, into which the 13 percent tax on profits from operations with crypto-currency should be already integrated. However, until now there is not adopted any regulatory act on the crypto currency.

[iluvbtc]

Russia prohibits cryptocoins. Link below.
https://www.reuters.com/article/us-russia-cenbank-bitcoin/russia-turns-cold-on-crypto-currencies-idUSKBN1CF0RF
How do you think the wave  and other coins will cope in such conditions?
What the burger king in russia will now treat as a criminal activity

Do not worry, any country that bans cryptos will be left behind. They all know it, so none will do it long term, mark my words

[Angelia46]

Russia in the encrypted market share is insignificant, no status.

[DejwidK]

Russia will not ban cryptocurrencies, they are all heavy in crypto including putin. Thats for sure 

[Ewinsane]

Russia prohibits cryptocoins. Link below.
https://www.reuters.com/article/us-russia-cenbank-bitcoin/russia-turns-cold-on-crypto-currencies-idUSKBN1CF0RF
How do you think the wave  and other coins will cope in such conditions?
What the burger king in russia will now treat as a criminal activity

https://bitcointalk.org/index.php?topic=2302502.0

i opened and predicted this stuff for you

so you freaks if you want to have a future you better take serious what i told you

Don’t listen to such news and those who believe in this new will surely do panic selling and then after getting loss they will start blaming the respective coins and same has happened with the bitcoin its investor did panic selling in past that result the downfall of prices as well as loss and then they start blaming the coin all this is depending on mindset of invest and holding is the best option during rumors.