Russia Uses Doublespeak to Ban Bitcoins and Cryptocurrencies
Photo via ccchan19. It's been building up for a few weeks now, but Russia has finally decided to ban bitcoins as a form of money. In a statement released by the Prosecutor General's Office, it has been claimed that "bitcoins and other cryptocurrencies carry the risk of violating citizen's property rights." The main point of the statement was to point out that all forms of currency, besides the Russian ruble, are already banned in Russia. This means that dollars, euros, yuan, bitcoins, litecoins, and dogecoins all fall into the same category. It seems that the penalty for accepting bitcoins....
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