Russian Ministry of Finance Proposes 7 Years in Prison for Cryptocurrency Use
Thursday the Russian Ministry of Finance proposed to punish citizens that use so-called “money surrogates” with up to 7 years in prison. Russian authorities consider Bitcoin and other cryptocurrencies as such “surrogates”. Harsh Punishment. The exact text of these planned changes in the Russian Criminal Code has not yet been revealed, however according to the Russian News Agency Interfax, it is expected that the corrections will be aimed at those who seek to distribute, purchase in the interest of selling, or sell “monetary surrogates”. The Ministry of Finance plans to punish citizens with....
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