Will Bitcoin Legalization in Russia Show the Way for CIS Countries?

Will Bitcoin Legalization in Russia Show the Way for CIS Countries?

On December 18, “United Russia” party submitted a new bill to Duma. According to “RosKomSvoboda”, it contains provisions on the partial legalization of Bitcoin. The bill could have some influence on the Russian cryptocurrency market, as well as markets of neighbouring CIS countries. CoinTelegraph conducted a survey of experts to find out the exact mechanisms of such influence. According to Ivan Tikhonov, the head of BitsMedia, “it is unclear how it will influence the market in Russia so there could hardly be any assumptions about its influence on CIS countries”. Tikhonov stated to....


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