Russia altcoins

[mihtju]

With the little that I know in this industry. Cryptocurrency is not really illegal in Russia and it is not also accepted. Let me say that it is in between the two. Russia government is still in state of puzzle about what to do with Cryptocurrency and how to regulate it. So Cryptocurrency enthusiasts for now in Russia don't know the direction of government about it.

I agree with you, I also think that the Russian government simply do not know what to do with cryptocurrency. So far, they only make promises and there are no cases, in addition to the fight against Telegram

[Ozero]

With the little that I know in this industry. Cryptocurrency is not really illegal in Russia and it is not also accepted. Let me say that it is in between the two. Russia government is still in state of puzzle about what to do with Cryptocurrency and how to regulate it. So Cryptocurrency enthusiasts for now in Russia don't know the direction of government about it.

That's for sure. It is unlikely that Russia, with its authoritarian regime, will allow citizens to freely use the decentralized cryptocurrency. They really do not know what to do with it, and the opinions of politicians and officials on this issue are very contradictory. And among the draft laws submitted to the State Duma, there are no good ones regarding cryptocurrency, however there is a proposal to establish criminal liability for its use as a means of payment.

[whaawh]

With the little that I know in this industry. Cryptocurrency is not really illegal in Russia and it is not also accepted. Let me say that it is in between the two. Russia government is still in state of puzzle about what to do with Cryptocurrency and how to regulate it. So Cryptocurrency enthusiasts for now in Russia don't know the direction of government about it.

That's for sure. It is unlikely that Russia, with its authoritarian regime, will allow citizens to freely use the decentralized cryptocurrency. They really do not know what to do with it, and the opinions of politicians and officials on this issue are very contradictory. And among the draft laws submitted to the State Duma, there are no good ones regarding cryptocurrency, however there is a proposal to establish criminal liability for its use as a means of payment.

The hotel is of course Russian citizens, but apparently officials and governments want to protect the entire state from the outside world. If you look at the situation from this side, then for users of cryptocurrency and for all progressive Russian people this is very bad.

[m0Ray]

ROSBANK introduced cryptocurrency tokens into its banking system. That is, large financial institutions are already using blockchain. There is a promising project PAPUSHA which creates energy products after recycling). Russia has long been trying to make cryptocurrencies for public use. So I'm not surprised.

[Prompyboo]

ROSBANK introduced cryptocurrency tokens into its banking system. That is, large financial institutions are already using blockchain. There is a promising project PAPUSHA which creates energy products after recycling). Russia has long been trying to make cryptocurrencies for public use. So I'm not surprised.

Russia is trying to use the blockchain but not cryptocurrencies. and ROSBANK is a private bank, that is why they introduced cryptocurrency into their investment portfolios

[krassy]

I think that without the involvement of experts who know exactly what blockchain, cryptocurrency, mining, digital assets, nothing good will happen. The government itself does not understand what it is dealing with and how to start regulating the digital economy. If all laws are passed in a hurry and without understanding, it can cause the opposite effect and the situation will only get worse. The government is looking for ways to make a profit in the form of taxes with cryptocurrency sphere, but in the pursuit of additional fees, they do not notice the great opportunities for the development of the blockchain and optimization of the bureaucratic apparatus. In a corrupt environment, a good law will never be passed.

[Ifemini]

Open government of the Russian Federation: cryptocurrencies should be recognized as a financial instrument


The Russian government is unlikely to follow the path of banning cryptocurrencies and will soon regulate their turnover in the country. This statement was made by the Minister of open government Mikhail Abyzov, RIA Novosti writes.

"The cryptocurrency factor cannot be ignored and banned in the near future. The discussion on this issue is already underway, both in the government and in the economic bloc and the Central Bank. I am sure that the decision will be made soon, " he said.
According to Abyzov, the authorities understand that cryptocurrencies should be officially recognized as a financial instrument and carefully regulated so that excessive pressure does not destroy the technology itself.

The Minister also recalled the high potential of the Russian technology sector and assured that the government understands the need to support and develop new financial technologies.

"We have good mathematics, we have good information technology. I would like to believe that on the basis of the intellectual reserve that we have, we could create products similar to cryptocurrency. This is a great talent and great ability to create and promote such products," the official said.
Recall, in July, the Central Bank of Russia said that regulation in the field of financial information technology will be a priority for the regulator for the next five years.

Russia projects are very scary
I don’t know but I do not really fancy nor like them

Lol
But it will be better as crypto ccurrencies  advances

[dizzy1996]

The problem of many countries that reject cryptocurrency is fear and for the lack of control over it. Only this factor is decisive, but many do not understand that with the help of cryptocurrency many financial systems will be modernized.

[Red_Evil]

The problem of many countries that reject cryptocurrency is fear and for the lack of control over it. Only this factor is decisive, but many do not understand that with the help of cryptocurrency many financial systems will be modernized.

that's right, a state problem that still refuses cryptocurrency because it still cannot utilize the technology available in cryptocurrency, which dares to accept already knows and has been able to use it for the progress of the country so the problem is just tackling every country that has not received cryptocurrency.

[vinasky]

I've heard about one interesting project called SIBcoin https://cmc.io/coins/sibcoin

[chits]

Russian officials have long been monitoring cryptocurrency, and they understand how much tax could be collected from this pie, at least for the last couple of years. Cryptography will be in Russia, which was to be expected.

[funchiestz]

Open government of the Russian Federation: cryptocurrencies should be recognized as a financial instrument


The Russian government is unlikely to follow the path of banning cryptocurrencies and will soon regulate their turnover in the country. This statement was made by the Minister of open government Mikhail Abyzov, RIA Novosti writes.

"The cryptocurrency factor cannot be ignored and banned in the near future. The discussion on this issue is already underway, both in the government and in the economic bloc and the Central Bank. I am sure that the decision will be made soon, " he said.
According to Abyzov, the authorities understand that cryptocurrencies should be officially recognized as a financial instrument and carefully regulated so that excessive pressure does not destroy the technology itself.

The Minister also recalled the high potential of the Russian technology sector and assured that the government understands the need to support and develop new financial technologies.

"We have good mathematics, we have good information technology. I would like to believe that on the basis of the intellectual reserve that we have, we could create products similar to cryptocurrency. This is a great talent and great ability to create and promote such products," the official said.
Recall, in July, the Central Bank of Russia said that regulation in the field of financial information technology will be a priority for the regulator for the next five years.

Russian President Putin has some attempts. Crypto and Blockchain are the subject of the future, and many times point that Russia should never be backward.