http://cointelegraph.com/news/112151/russia-hosts-first-international-and-all-russian-bitcoin-conference-in-st-petersburgThe Bank has since softened its stand on cryptocurrencies when it releases a statement on March 3, 2014 saying that an outright banned was not in the plans and that the Bank merely wanted to protect against money laundering while regulations and a legal framework were being formulated.
The Cryptocurrencies Foundation Russia (CCFR), working closely with the Bitcoin Foundation and Ethereum seems to be taking advantage of what appears to be an olive branch and inviting government officials, representatives of the banking community along with Chief Editors of leading professional media, cryptocurrency developers and Bitcoin officials, exchanges and their officers, and finally representatives from the Bitcoin business community from online stores to brick and mortar merchants that are a now accepting Bitcoin.