From Russia with bitcoin

in #bitcoin8 years ago (edited)

Hi steemers!

I have some official news about Bitcoin in Russia!

Alexey Moiseev, deputy minister of finanse government said that Bitcoin can be used as a foreign currency.

Alexey  said: " Use will be restricted and the issue of foreign currency will be prohibited in Russia, but the [cryptocurrency] can be bought, put in your pocket and taken abroad. […] We are now refining the specific language in the bill so that purchasing as well as selling cryptocurrency outside of Russia for profit can be possible".


" Blockchain technology works so that bitcoins are always created as a ‘byproduct’ when it is used. Thus, it is clear that in these situations we must exclude data operators from this responsibility when issuing bitcoins so they are not at risk of being punished".

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