masterluc (OP)
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January 27, 2014, 04:13:46 PM |
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podyx
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January 27, 2014, 04:14:58 PM |
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more fud??
people are really starting getting scared
$10k soon
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Holliday
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January 27, 2014, 04:16:15 PM |
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Bitcoin was designed with such things in mind.
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If you aren't the sole controller of your private keys, you don't have any bitcoins.
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Dalmar
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January 27, 2014, 04:18:41 PM |
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BTC-e is not really Russian right? But Bulgarian.
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▄▄▄▄▄▄▄▄▄▄▄ ▄▄████████████████▄ ▄▄██████████████████████▄ █████████████▀█████████████▄ ▄█████████████▀ ▄█▀ ███████████ ▄██████████ ▀▀ ████████████ ▄█████████████ ▄▄▄ ▀▀██████████ █████████████▀ ████▄ ▀█████████▄ █████████████ ▀▀█▀▀ ▄██████████ ████████████▀ ▄▄ ████████████ ████████████ ▄████▄ ███████████ █████████ ██████ ██████████ █████████▄▄ ▄██████████ ▀██████████ ██ ▄▄▄▄████████████ ▀█████████▄▄█▄ ███████████████▀ ▀██████████████████████████▀ ▀█████████████████████▀ ▀▀██████████████▀▀ ▀▀▀▀▀▀▀ | | B i t c o i n t a l k ▄▄▄▄▄
DONATION CAMPAIGN | | ▄ ▄██ ▄▄▄▄▄▄▄ ▄███ ▄█████████▄ ████ ▄▄▄ ▄████████████ ▄████▀ ▀██▄▄ █████████████ ▄█████▀ ▀█████▄ █████████████ ▄██████ ▀█████▄ ███████████▀▄███████ ▀██████▄▄▀▀██████▀ ████████▀ ████████▄ ▄████████▀ █████████▄ ▄██████████ █████████████████████ ████████████████████ ███████████████████ ███████████████████ ██████████████▀▀▀ ███████▀▀▀▀ ▀▀▀▀ | | BE A HOPE FOR A LIVABLE WORLD | | ▄▄▄█████████▄▄▄ ▄▄███████████████████▄▄ ▄▄█████████████████████████▄▄ ▄███████████████████████████████▄ ▄█████████████████████████████████▄ ████████████▀▀▀▀▀██████▀▀▀▀██████████ ███████████▀ ▀█▀ ▀█████████ ███████████▀ █████████ ███████████ █████████ █████████████ ███████████ ██████████████▄ ▄████████████ ████████████████▄▄▄ ▄█▀▀ ████████ ███████████▀▀ ▀▀█▄▄▄▄▄▄██ ▄████████ ██████▀█▄ ▀▀▀█▄ ▄█████████ ██████▄ █▄ ▄▄▄▄▄▄▄▀▀▄███████████ ██████▄ ▀█ ▄████████████ ██████▄ ██████▄▄▄ ▄██████████████ ▀██████▄██████████████████████████▀ ▀███████████████████████████████▀ ▀▀█████████████████████████▀▀ ▀▀███████████████████▀▀ ▀▀▀█████████▀▀▀ | | ONE | | little | | HELP CHANGES EVERYTHING | | ➦ | | ..DONATE.. |
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maximum
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January 27, 2014, 04:43:38 PM |
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BitcoinAshley
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January 27, 2014, 04:45:08 PM |
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Translation please? (Sorry, but after proudhon's "confirmed chinese/russian language sources," one really must take these things with a grain of salt.) Anywho - this is great for Bitcoin, if confirmed. First, it's interesting that a central bank would have the power to outright ban a private money/protocol, and that is bullish for bitcoin because it was designed by the tinfoilhat crypto-anarchists precisely as a way to circumvent that kind of bullshit. Second, central banks being scared of bitcoin is more proof that it's actually a big threat and not just a series of tulips.
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knightcoin
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Stand on the shoulders of giants
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January 27, 2014, 04:45:29 PM |
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masterluc (OP)
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January 27, 2014, 04:50:00 PM |
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In short: Central Bank of Russia prohibits any (really any) usage of Bitcoin and will treat it as criminal activity and terrorism support.
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magicmexican
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January 27, 2014, 04:51:17 PM |
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Not a ban, just a usuall "warning" bla-bla-bla volatility bla-bla-bla stay away from it.
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davidorentol
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January 27, 2014, 04:53:18 PM |
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http://www.cbr.ru/press/PR.aspx?file=27012014_1825052.htm google translate Information
On the use in transactions "virtual currency ", in particular , Bitcoin
The Bank of Russia said that recently in the world have a certain distribution of the so -called "virtual currency " , in particular, Bitcoin . By "virtual currencies " and there is no provision for them legally obliged entities . These operations are speculative in nature, carried out on the so -called "virtual exchanges " and carry a high risk of loss of value.
The Bank of Russia warns citizens and legal entities , primarily credit institutions and non-credit financial institutions , the use of "virtual currency " for them in exchange for goods ( works, services) or cash in rubles and foreign currency.
According to article 27 of the Federal Law "On the Central Bank of the Russian Federation (Bank of Russia ) " issue in the Russian Federation monetary surrogates prohibited.
Due to the anonymous nature of the activity for the production of "virtual currency " unlimited range of actors and to use them for transactions citizens and legal persons may be , including unintentionally involved in illegal activities , including the legalization (laundering ) of proceeds from crime and terrorist financing .
The Bank of Russia has warned that Russian legal entities providing services for the exchange of "virtual currency " in rubles and foreign currency , as well as for goods (works , services ) will be considered as a potential involvement in the implementation of suspicious transactions in accordance with the legislation on counteraction to legalization (laundering ) proceeds of crime and financing of terrorism.
January 27, 2014
Using materials reference to the press service of the Bank of Russia is required .
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masterluc (OP)
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January 27, 2014, 04:54:41 PM |
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Not a ban, just a usuall "warning" bla-bla-bla volatility bla-bla-bla stay away from it.
From RBC source: Coглacнo cт.27 фeдepaльнoгo зaкoнa "O Цeнтpaльнoм бaнкe Poccийcкoй Фeдepaции (Бaнкe Poccии)" выпycк нa тeppитopии PФ дeнeжныx cyppoгaтoв зaпpeщaeтcя. According to paragraph 27 of Federal law "About Central bank of Russian Federation", emission of money surrogates is prohibited on territory of RF.
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Rannasha
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January 27, 2014, 04:56:52 PM |
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Not a ban, just a usuall "warning" bla-bla-bla volatility bla-bla-bla stay away from it.
From RBC source: Coглacнo cт.27 фeдepaльнoгo зaкoнa "O Цeнтpaльнoм бaнкe Poccийcкoй Фeдepaции (Бaнкe Poccии)" выпycк нa тeppитopии PФ дeнeжныx cyppoгaтoв зaпpeщaeтcя. According to paragraph 27 of Federal law "About Central bank of Russian Federation", emission of money surrogates is prohibited on territory of RF. Emission... But who is emitting Bitcoins?
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masterluc (OP)
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January 27, 2014, 04:59:46 PM |
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http://www.cbr.ru/press/PR.aspx?file=27012014_1825052.htm google translate Information
On the use in transactions "virtual currency ", in particular , Bitcoin
The Bank of Russia said that recently in the world have a certain distribution of the so -called "virtual currency " , in particular, Bitcoin . By "virtual currencies " and there is no provision for them legally obliged entities . These operations are speculative in nature, carried out on the so -called "virtual exchanges " and carry a high risk of loss of value.
The Bank of Russia warns citizens and legal entities , primarily credit institutions and non-credit financial institutions , the use of "virtual currency " for them in exchange for goods ( works, services) or cash in rubles and foreign currency.
According to article 27 of the Federal Law "On the Central Bank of the Russian Federation (Bank of Russia ) " issue in the Russian Federation monetary surrogates prohibited.
Due to the anonymous nature of the activity for the production of "virtual currency " unlimited range of actors and to use them for transactions citizens and legal persons may be , including unintentionally involved in illegal activities , including the legalization (laundering ) of proceeds from crime and terrorist financing .
The Bank of Russia has warned that Russian legal entities providing services for the exchange of "virtual currency " in rubles and foreign currency , as well as for goods (works , services ) will be considered as a potential involvement in the implementation of suspicious transactions in accordance with the legislation on counteraction to legalization (laundering ) proceeds of crime and financing of terrorism.
January 27, 2014
Using materials reference to the press service of the Bank of Russia is required . This is official source of Central bank website. Nuff said.
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Deth
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January 27, 2014, 05:00:53 PM |
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In short: Central Bank of Russia prohibits any (really any) usage of Bitcoin and will treat it as criminal activity and terrorism support.
That`s just not truth. There is no word "prohibition" or alike. Stop spreading FUD.
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Nemo1024
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January 27, 2014, 05:04:29 PM Last edit: January 27, 2014, 05:16:24 PM by Nemo1024 |
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It does start a bit rough:
"The Central bank will deem any services concerning exchange of virtual currencies into Rubbles as a potential involvement in handling of suspicious activities in accordance to the law against money laundering of funds acquired by criminal means and finance of terrorist organisations. The following warning was issued by CB towards the Russian legal entities."
Further, a citation from CB: "Virtual currencies lack in supporting and responsible for them legal bodies. Operations bear a speculative character, are processed on the so-called virtual exchanges and carry with them a high risk of loosing in value."
And a little bit further: "CB warns citizens and legal entities, first and foremost the credit institutions and non-credit financial institutions from using virtual currencies for exchanging them into goods (work, services) and for monetary mediums as Russian, so foreign."
Too lazy to translate it in whole, but it does resemble the Chinese warning.
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“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.” “We are only as strong as we are united, as weak as we are divided.” “It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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Dalmar
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January 27, 2014, 05:05:20 PM |
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All these banana republics like Russia and China are ruining all the fun.
Bitcoin should have staid mainly a Western thing.
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▄▄▄▄▄▄▄▄▄▄▄ ▄▄████████████████▄ ▄▄██████████████████████▄ █████████████▀█████████████▄ ▄█████████████▀ ▄█▀ ███████████ ▄██████████ ▀▀ ████████████ ▄█████████████ ▄▄▄ ▀▀██████████ █████████████▀ ████▄ ▀█████████▄ █████████████ ▀▀█▀▀ ▄██████████ ████████████▀ ▄▄ ████████████ ████████████ ▄████▄ ███████████ █████████ ██████ ██████████ █████████▄▄ ▄██████████ ▀██████████ ██ ▄▄▄▄████████████ ▀█████████▄▄█▄ ███████████████▀ ▀██████████████████████████▀ ▀█████████████████████▀ ▀▀██████████████▀▀ ▀▀▀▀▀▀▀ | | B i t c o i n t a l k ▄▄▄▄▄
DONATION CAMPAIGN | | ▄ ▄██ ▄▄▄▄▄▄▄ ▄███ ▄█████████▄ ████ ▄▄▄ ▄████████████ ▄████▀ ▀██▄▄ █████████████ ▄█████▀ ▀█████▄ █████████████ ▄██████ ▀█████▄ ███████████▀▄███████ ▀██████▄▄▀▀██████▀ ████████▀ ████████▄ ▄████████▀ █████████▄ ▄██████████ █████████████████████ ████████████████████ ███████████████████ ███████████████████ ██████████████▀▀▀ ███████▀▀▀▀ ▀▀▀▀ | | BE A HOPE FOR A LIVABLE WORLD | | ▄▄▄█████████▄▄▄ ▄▄███████████████████▄▄ ▄▄█████████████████████████▄▄ ▄███████████████████████████████▄ ▄█████████████████████████████████▄ ████████████▀▀▀▀▀██████▀▀▀▀██████████ ███████████▀ ▀█▀ ▀█████████ ███████████▀ █████████ ███████████ █████████ █████████████ ███████████ ██████████████▄ ▄████████████ ████████████████▄▄▄ ▄█▀▀ ████████ ███████████▀▀ ▀▀█▄▄▄▄▄▄██ ▄████████ ██████▀█▄ ▀▀▀█▄ ▄█████████ ██████▄ █▄ ▄▄▄▄▄▄▄▀▀▄███████████ ██████▄ ▀█ ▄████████████ ██████▄ ██████▄▄▄ ▄██████████████ ▀██████▄██████████████████████████▀ ▀███████████████████████████████▀ ▀▀█████████████████████████▀▀ ▀▀███████████████████▀▀ ▀▀▀█████████▀▀▀ | | ONE | | little | | HELP CHANGES EVERYTHING | | ➦ | | ..DONATE.. |
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seleme
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Duelbits.com
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January 27, 2014, 05:07:07 PM |
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Not ban at all, it's even less than China did.
The biggest problem is that mining in Russia might be not legal now, as that's the only thing we could call currency emission here.
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MonadTran
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January 27, 2014, 05:10:11 PM |
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"The Central bank will deem any services concerning exchange of virtual currencies into Rubbles as a potential involvement in handling of suspicious activities in accordance to the law against whitewashing of funds acquired by criminal means and finance of terrorist organisations. The following warning was issued by CB towards the Russian legal entities." "Virtual currencies lack in supporting and responsible for them legal bodies. Operations bear a speculative character, are processed on the so-called virtual exchanges and carry with them a high risk of loosing in value." "CB warns citizens and legal entities, first and foremost the credit institutions and non-credit financial institutions from using virtual currencies for exchanging them into goods (work, services) and for monetary mediums as Russian, so foreign."
Yep. I can confirm this translation is more or less accurate. Except it's not "whitewashing of funds", it's "money laundering"
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magicmexican
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January 27, 2014, 05:10:39 PM |
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Not ban at all, it's even less than China did.
The biggest problem is that mining in Russia might be not legal now, as that's the only thing we could call currency emission here.
That would never be a problem, if they would somehow even attemp to pursue this angle - it would never be enforced and nobody would ever give a fuck. Trust me.
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Deth
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January 27, 2014, 05:12:02 PM |
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Nothing really changed for now. It`s more like informational letter with main point as "Don`t be such relaxed, we know about Bitcoin and watching you.". This may cause more restrictions though, as a specific opinion and sign to government and other mighty men in Russia.
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