Russia’s Opposition to Bitcoin Softening as Government Floats Acceptance

[kreslik.news]

Russia’s previously ironclad resistance to digital currencies is apparently softening up as the country takes tepid steps to accepting such instruments as legitimate. As recently as last year, Russia’s Finance Ministry’s stance on digital currencies could scarcely be more hostile – users were facing jail time or other penalties.

The London Summit 2017 is coming, get involved!

However, in a bid to help curb illegal transfers and money laundering, Russia’s Finance Ministry is gradually adopting a more accepting stance, according to a recent Bloomberg report. More specifically, Russian authorities could potentially move towards full recognition of bitcoin and other digital ... (read more)