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Author Topic: Final Russia BAN incoming?  (Read 2019 times)
fonzie (OP)
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June 20, 2014, 01:46:27 PM
 #1

http://www.coindesk.com/russia-clarify-bitcoin-policy-task-force-report/

Russian financial authorities appear to be close to clarifying their stance on bitcoin with the announcement of a forthcoming paper to by published by the Financial Action Task Force (FATF), an intergovernmental body set up to combat money laundering and terrorist financing.


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June 20, 2014, 01:49:40 PM
 #2

seriously - come on fonzie you can do better than that
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June 20, 2014, 01:50:59 PM
 #3

Man I am glad I don't live in Russia.  sure would hate to miss out on bitcoin.
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June 20, 2014, 04:04:55 PM
 #4

@fonzie

I just spoke with Vladimir, he said they will NOT BAN Bitcoin, they will in fact start accepting BTC for gas.

I decided to no longer use a signature, because people were trolling me about it.
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June 20, 2014, 04:07:32 PM
 #5

Clarifying is good, no matter the result.
If they approve it, nice.
If they don't approve of it, well then there's no more uncertainty and those who really want in will find a way.
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June 21, 2014, 09:01:18 PM
 #6

In Russia, Bitcoin bans you!

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June 21, 2014, 09:14:18 PM
 #7

The report is going to focus on money laundering and regulation. No one is suggesting a ban. In fact, if bitcoin is regulated in Russia, it means it is not illegal.
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June 21, 2014, 09:44:41 PM
 #8

What is a Russia ?
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June 21, 2014, 10:10:23 PM
 #9

Russia can no more ban bitcoin than China can.  Come on now, get serious will ya Smiley

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June 21, 2014, 10:12:29 PM
 #10

Nobody cared the first time... I can't imagine that anyone will care all that much this time. It's not like China banning bitcoin. Cheesy Plus, I think many are already under the impression that Russia HAS banned bitcoin....

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June 21, 2014, 10:35:34 PM
 #11

What a bear news triying to pull the price down.. try to put more effort next time hehe.
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June 21, 2014, 11:28:39 PM
 #12

Is it going to affect btc-e if Russia ban it?
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June 21, 2014, 11:36:24 PM
 #13

Oh, its another fonzie thread  Roll Eyes

Move along, nothing to see here.
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June 22, 2014, 03:48:07 PM
 #14

Is it going to affect btc-e if Russia ban it?

Nope. But first of all, let me assure you that Russia is not going to ban Bitcoin. There are a lot of small Bitcoin-based businesses operating from Russia, and none of them are facing any harassment from the authorities.

Now back to BTC-E. The owners (Alexei and Alexander) are Russian citizens, but the company was based in Kiev until 2013. They shifted the HQ to Bulgaria last year. So in short, BTC-E won't be affected by the happenings in Russia.  Grin



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June 22, 2014, 06:12:25 PM
 #15

I think there is a good change of Russia supporting bitcoin as a mean of money transfer and storage value(NOT as a currency), with strong regulations though.

Anything that can make them capable of bypass EUA future sanctions may be usefull in  the future
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June 22, 2014, 06:19:02 PM
 #16

They won't ban it, they will use it
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June 22, 2014, 06:30:12 PM
 #17

Ok, I'm switching to oligarch mode: If I were any Goverment in this world, I would ban bitcoin. Govts don't like people having power over their money. All govt fiat is printed by the govt. So yes, many countries will ban or discredit bitcoin. Doesn't matter if it's Russia or Congo. For me at least.

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June 23, 2014, 03:12:55 AM
 #18

Is it going to affect btc-e if Russia ban it?

Nope. But first of all, let me assure you that Russia is not going to ban Bitcoin. There are a lot of small Bitcoin-based businesses operating from Russia, and none of them are facing any harassment from the authorities.

Now back to BTC-E. The owners (Alexei and Alexander) are Russian citizens, but the company was based in Kiev until 2013. They shifted the HQ to Bulgaria last year. So in short, BTC-E won't be affected by the happenings in Russia.  Grin

BTC-e operates with a high enough of anonymity so that even if russia were to ban bitcoin that it would not be affected.

The Russian economy has already had enough hits against it so that Russia would be stupid to try to ban bitcoin
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June 23, 2014, 04:16:33 PM
 #19

is russia not making a deal with china so they can by pass the US$... I think they are looking ahead for when the US$ craps it's self they will not get affected... and then we will all have bitcoin and china and russia will be left behind..

Is the USA Dollar still backed by gold.... I think I heard it was not and the usa is just printing more money... and china owns 10% of all the USA debt... Ouch

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June 23, 2014, 10:08:48 PM
 #20

@fonzie

I just spoke with Vladimir, he said they will NOT BAN Bitcoin, they will in fact start accepting BTC for gas.
And you are?

I don't think this is real tbh, and how would you ban a virtual thing? IDK...
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