Russia just made all crypto legit

[baikur]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

[plr]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

I consider this just to hype crypto if it is not backed by an official statement, post the link where you get that report and just don't rely on a buzz, we need reliable news so the price can get back to the right track.

[shaheer001]

If this is real news than it will good news for crypto world and the alts price will start boost up as Russia is also Big market.so lets hope some good news will come soon and every one is waiting for good news about crypto currencies legalization.

[cryptorTUX]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

Can you link the source? Or provide us with where have you got this information from? I've seen talks about Russian bank, if I am not mistaken, is looking into building European crypto exchange but haven't heard anything about legalization,  this is hard for me to believe you tbh.

[baikur]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

I consider this just to hype crypto if it is not backed by an official statement, post the link where you get that report and just don't rely on a buzz, we need reliable news so the price can get back to the right track.

https://news.bitcoin.com/bank-of-russia-allows-crypto-mining-proposes-miners-sell-their-coins-overseas/?utm_source=OneSignal+Push&utm_medium=notification&utm_campaign=Push+Notifications

[antchains]

I do not know the truth of the news, but if it is true, then the future of Bitcoin is worth the wait. Another country recognized bitcoin, its popularity is higher, then there will be more people to use, its value will be higher.

[KingScorpio]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

russia is the new anti communism power world wide, and main enforcer of cryptocurrencies

russia will destroy many current states and elitists bankster cartels that abuse their people in the world as we know it

putin told that to the pope already. putin said clearly that the idea of a communist world government with bankster cartels, which is what the usa media that is funded by the current banksters and the rothshild banksters is improssioning the people preventing people to do what god told them to do

check this youtube video

https://www.youtube.com/watch?v=eItvcpiwpWE&t=50s

[Kasgel]

In Belarus also legally allowed to accept Bitcoin, but one percent need to pay in national currency for tax reporting

[Digital Mutant]

All that can generat rumors around bitcoin is good.
People can start informing by theirselves about crypto on the internet and be more aware of it

certainly most news are hype and not legit 100% and this one is on all the news around...russia have a lot of interest for this to be true as china or japan...

big moves on centralized systems...

[paolo099]

this is a good news in this moment of FUDS all around the world.
Government are searching for a way to regulate this crypto world (and for taxes) and this could be a good move, we will see how this will evolve because Russia is a one-of-a-kind country.

[madgpt]

please , can i post like where  u find this information ?
it dosen't sounds real

[Lucius]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

I consider this just to hype crypto if it is not backed by an official statement, post the link where you get that report and just don't rely on a buzz, we need reliable news so the price can get back to the right track.

https://news.bitcoin.com/bank-of-russia-allows-crypto-mining-proposes-miners-sell-their-coins-overseas/?utm_source=OneSignal+Push&utm_medium=notification&utm_campaign=Push+Notifications

News from this link is just related to miners,and it is 3 day old news.They will allow miners to have their operations in Russia,but will not allow them to sell mined coins in Russia,although this is still the subject of discussion.

Even older news from January 26. say that Russia is published federal law about “On Digital Financial Assets”,but this law is still not valid,it takes 90 days from official publication.

Although I am personally skeptical regarding Russia&Cryptocurrency,this is definitely for now positive news.But I would not be surprised that they make some changes until everything becomes completely official.

[edgycorner]

It's not legal yet.The finance minister has proposed a draft, which will allow the exchange of cryptos with fiat, but with regulations.Even ICO's will be regularized.

AFAIK, Vladimir doesn't hate cryptos, he seems to support them.He has always demanded a free market, and hates banks just like us.He even said not to add too many barriers in the bill.
Cryptos will never will be banned in Russia and as for the legalization, we know nothing for sure yet.Expect the bill to be passed by May.
I would request OP to add a credible source to the thread.

[NeuroticFish]

It's a normal step forward. They publicly called the miners come from China to Russia. They have seen they can earn money from that.
The miners will not go there if they can't sell their coins. So they had/have to make the coins legit.
Russia 1 - 0 China. But I expect it won't be for long. China has to make the next move before all the miners go away. Bitcoin price may be already low enough for what they had in mind.

[Red-Apple]

Russia is one of those countries that has not yet completely decided on what to do with bitcoin and cryptocurrencies. there are a lot of statements coming from their government and central banks and each time they are contradicting the previous one one way or another!

for example early year in 2017 they said bitcoin will be legal because it is traceable. then by the end of the year they were some rumors of banning bitcoin, not again there are rumors of legalizing it!

[Pixyoxx]

Well you know if this news is true then for sure the cryprocurrency market could see a great boon soon .. and other countries might learn a thing or two from russia..
also russian minister just gave a statment about bitcoins which follwed his ideas about  how investing in cryptos could create a chaos and is futile for the near future.. thus we cannot expect this move to please everyone .. lets see what happens ..

[Eraldo Coil]

This is going to be a good news for people of Russia. Especially that tax-free thing. It will really help a lot of miners and investors of cryptocurrencies.

[zhekinsp]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

I don't know this news is true or not but these kind of news will make the crypto currency investors a relief from the past experience of bad news and regulations for crytpo currencies which did all the things for the recent price fall.

But if the news is true please provide the link to that article to make it clear for the forum members.

[VitKoyn]

Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free

I consider this just to hype crypto if it is not backed by an official statement, post the link where you get that report and just don't rely on a buzz, we need reliable news so the price can get back to the right track.

https://news.bitcoin.com/bank-of-russia-allows-crypto-mining-proposes-miners-sell-their-coins-overseas/?utm_source=OneSignal+Push&utm_medium=notification&utm_campaign=Push+Notifications

What you said is russia legalized cryptocurrencies and allow mining without miners paying taxes, but in the article you provided it is stated that cryptocurrency miners still have to pay tax, and the central bank of russia wants to sell the mined coins overseas which can also means that they are not recognizing it fully legal in their country. But it is still a good news that they officially allows mining because russia is one of the best location to build a farm and mine cryptocurrency, given that they have cool weather and one of the country that can offer cheapest electricity.

[ggameon]

Smart move from putin, just like we are used to from him.

Governments who embrace crypto now will have a lot to gain from it. Sure they will regulate it, or try to regulate it as much as they can, but ""if you can't beat them, join them" .

China will come with a plan for this soon too, they are smart
Eu will talk about it for 20 years and do shit lol
Other countries specially se asia will follow soon

Again nice move putin....politically he did a killer move in syria, increasing russia's influence and prestige worldwide ( i know if you only watch western news he seems like a monster lol but overall when putin talks the world listens carefully )

Now he makes a jumpstart to digital world lol russians are already very active in digital world, they think they may fuck americans financially in some way by this i guess.

Anyway we'll have to see the exact implications of this and what it means