Bitcoin Forum
December 14, 2017, 05:02:13 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2014-12-29] Russian Ministry Criticises Draft Bill Banning Bitcoin  (Read 414 times)
XCoinCall
Member
**
Offline Offline

Activity: 101

Call with www.XCoinCall.com Cheap, Simple !!!


View Profile WWW
December 29, 2014, 03:45:23 PM
 #1

http://www.coindesk.com/russian-ministry-criticises-draft-bill-banning-bitcoin/

Quote
Russia's Ministry of Economic Development has criticised a proposed ban on "cash equivalents", according to a report.

The ministry said that legislation aimed at banning cash equivalents, including digital currencies like bitcoin, could have negative effects on retailers, telecom operators and banks.

Specifically, some provisions of the bill could create excessive restrictions and obligations, creating unreasonable costs for businesses, it said. The ministry therefore asked that the bill be reworked and resubmitted for further consideration.

The bill in question was drafted earlier this year by the Russian Ministry of Finance, and would prevent the issuance of digital currencies and all operations involving digital currencies – effectively placing a ban on the fledgling technology.

In September, the finance ministry suggested that Russia could pass the proposed bill in the spring of 2015.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!