Russia’s MinFin Wants to Jail Bitcoin Users for 4 Years
Russia’s Ministry of Finance (MinFin) has proposed jail sentences for the use of cryptocurrency, strengthening its opposition to the technology. According to a press release, those found guilty of using so-called “money surrogates” could face up to four years in prison. Current sentences are limited to a fine of up to 500,000 rubles or 2 years’ community service. The latest revision to the law has received the support of the Ministry of Economic Development and will be put before the Duma in the coming months, finance journal Vesti reports. “The use of money surrogates, including....
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