What Bitcoin Startups Have to Say on Russia's Proposed BTC Ban

What Bitcoin Startups Have to Say on Russia's Proposed BTC Ban

Earlier this month, Russia's Deputy Finance Minister Alexei Moiseev made a statement reminding that financial policy might be used to ban bitcoin and cryptocurrency trading. A bill has already been drafted late last year in order to prevent the issuance of bitcoin and to ban operations among bitcoin startups. According to the draft of the Russian government regulation issued in August, those who break the BTC ban are likely to end up in jail. The proposal also indicated that the only official currency in Russia is the ruble and that the introduction of other monetary units is forbidden.....


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