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Author Topic: Russia is going to accept crypto!  (Read 6165 times)
JackSimens
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May 05, 2018, 05:51:22 PM
 #221

because I live in Russia, I am very glad that my country is trying to be closer to the crypto-currency
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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malading
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May 05, 2018, 05:55:09 PM
 #222

Japan has legalized cryptocurrency, is it Russia next?Russia has a lot of cryptocurrency development agencies, and there are a lot of cryptocurrency followers, I think Russia will sooner or later legalize cryptocurrencies.

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May 05, 2018, 05:56:43 PM
 #223

Russia is one of the authorities which has moved forward in direction for the acceptance of cryptocurrency and speaking about it.
But what we should also consider is bitcoin and cryptocurrencies has higher degree of freedom in other European countries though the authorities never talk about it.
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May 05, 2018, 06:22:49 PM
 #224

on the one hand it is good, with the other not very. nothing just happens. and in any case, we will need to decide something and time will show how it will be.
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May 05, 2018, 06:24:09 PM
 #225

As far as I know, at the moment neither the Central Bank nor the Ministry of Finance can make a single decision regarding the legal status of the cryptocurrency. For example, the Ministry of Finance of Russia wants to equate the cryptocurrency with federal loan bonds, this will mean that individuals can not use the cryptocurrency.
The Central Bank generally refuses to recognize Bitcoin or any other cryptocurrency as a payment instrument and defines the cryptocurrency as the "money surrogate". And only in the State Duma they are trying to come to a compromise.
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May 05, 2018, 06:25:47 PM
 #226

As one of the countries with the largest number of cryptocurrency users in the world today, Russia’s attitude toward cryptocurrencies is not clear. They do not embrace cryptocurrencies like Japan and do not drive away cryptocurrencies like China.
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May 05, 2018, 06:28:14 PM
 #227

OP can you provide some link on what news you are talking about.Accepting means legalizing the bitcoins which is very good for the bitcoin investors because Russia is one of the big country and have high population too so the chance of increase in adoption will happen by their legalization.But I never hear this about yet. Roll Eyes

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May 05, 2018, 06:30:52 PM
 #228

Hey guys, what do you think about the last news from Russia? Russian government will legalize crypto! Do you think it will pump market again?

It should be good information for whole crypto.

Whales from Russia probably will want increase price individual coins so we should see changes.

In my opinion legalize crypto in every country will have positve effects for coins

MrWidow
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May 05, 2018, 06:32:11 PM
 #229

Not going to happen maybe i presume because theres still no news about this,no official statements which is why it will remain speculations but if ever this will happen surely the whole community will benefit as the russia has some good influence about anything just like what U.S are theres some allies which wont turn their back to RUSSIA.
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May 05, 2018, 06:32:49 PM
 #230

I can't wait see the moment when the russian government will adopt the law on cryptocurrency, it will greatly show another bright future of cryptocurrency and it will also have a good impact on exchange.
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May 05, 2018, 06:46:10 PM
 #231

Hey guys, what do you think about the last news from Russia? Russian government will legalize crypto! Do you think it will pump market again?
I really hope so. I hope this news will help the growth of cryptocurrencies, because positive news almost always have a good effect on the growth of cryptocurrencies. This time should not be an exception.

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May 05, 2018, 07:00:50 PM
 #232

Hey guys, what do you think about the last news from Russia? Russian government will legalize crypto! Do you think it will pump market again?
I do not believe that Russia will ever legitimize the crypto currency on conditions that are acceptable for its existence. If even recently the Telegram network was banned for use, seeing it as a threat of terror, but in fact, because this social network refused to provide intelligence services with information about the ciphered data of its participants, it is possible to imagine what prohibitions will accompany the possible permission to circulation of crypto currency. Crypto currency is also not subject to complete control by the secret services. Most likely, what will be allowed will be unacceptable for citizens. In this case, it is simply interesting whether the citizens will defend their rights in this case and how far the parties can go to defend their point of view.
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May 05, 2018, 07:04:07 PM
 #233

Yes. Good news from Russia. I hope these actions Russia will rise from its knees and raise its economy. I hope they succeed and it will all be humane

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May 05, 2018, 07:40:30 PM
 #234

There are really good news about crypto in Russia. I think that the crypto market will rise further anyway
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May 05, 2018, 07:46:19 PM
 #235

Russia is a big country and if its government legalizes coin trading and makes crypto into its financial system it will increase people's confidence in crypto and eventually will grow more

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May 05, 2018, 07:54:51 PM
 #236

The acceptance and usage of blockchain and  cryptocurrency is inevitable. The whole world won't have a choice but to legalise and accept it on the long run due to its advantages. It is a good thing russia has realised this and ready to give it a chance in the country. This is another milestone for the blockchain community.
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May 05, 2018, 07:55:19 PM
 #237

Russia is a big country and if its government legalizes coin trading and makes crypto into its financial system it will increase people's confidence in crypto and eventually will grow more
Perhaps you are right, but for today's money you can see What the government is doing and how it relates to those users who are interested in crypto or social networks.
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May 05, 2018, 08:15:19 PM
 #238

Yes this will happen but not soon.Banks are still having big word in government with all of their money but slowly mainstream adoption is on the way and Russia will eventually accept crypto
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May 05, 2018, 08:23:03 PM
 #239

Russia is a big country and if its government legalizes coin trading and makes crypto into its financial system it will increase people's confidence in crypto and eventually will grow more

People from Russia will not increase their confidence in crypto, only because crypto legalized the state, as people from Russia have little trust in the government. Yes, and the laws that will soon be adopted by the government, tightly regulate all aspects of trade and exchange of crypto private individuals.
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May 05, 2018, 08:30:38 PM
 #240

If that is true then it can be confirmed with the current price value in BTC, as seeing the current movement of BTC very quickly rises most likely there is an impact of Krypto's legalization in russia, but right now I have not found a clear certainty. why the market is moving up, is it with the current price hike there will be another big problem that hit Crypto so the price will drop very deep after the price increase.


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