Haha, another piece of bullshit just has been published.
Central Bank
This “initiative” was seemingly forgotten, but at the beginning of this year, on 27th of January Russian Central Bank showed its own idea of what Bitcoin is and what it should be eaten with. The outlook wasn’t good, Russian’s official regulators decided that all the deals that include the word “Bitcoin” or any other cryptocurrency are considered to be illegal.
Well, maybe not that harsh, but really, all the transactions where digital currencies (or “virtual”, how disapproving countries prefer to call cryptos in official documents) are used as medium of payment or even simple acts of fiat-to-coin exchange could be considered money laundering or terrorism aid.
A week and half later, 2014/02/06/ according to statement by the General Prosecutor’s office, bitcoin was to be regarded as substitute money or “surrogates” and in no way could have been used.
Stop making this
stupid articles and remember that central bank is a private organization. It's a commercial structure which has
neither executive nor legislative power so any its "initiatives" or "warnings" are worth nothing.
A week and half later, 2014/02/06/ according to statement by the General Prosecutor’s office, bitcoin was to be regarded as substitute money or “surrogates” and in no way could have been used.
That's not true, nothing of this really happened.
https://bitcointalk.org/index.php?topic=500263.msg5615953#msg5615953August, when a post, containing the so-called “Law for cryptocurrency (bitcoin)” document, arrived on the Russian Public Initiative organization’s website. The document held some drafts of possible regulation of bit- and altcoins, although it was just a concept
"ubi jus incertum, ibi nullum" applies. We don't need any special permission from a government, especially if it's so flawed like this one.
