Russian Political Party Calls For Bitcoin Legalization
Boris Titov, the leader of Russia’s Party of Growth, called for the country to legalize cryptocurrencies like bitcoin and become a leader in blockchain development, according to Tass, a Russian news agency. Speaking at a press conference, Titov also said Russia can take advantage of its difficult economic situation to embrace blockchain technology as a way to become a very profitable country. The Path To Progress. The first step is to create a transparent legal system for the cryptocurrency. Titov said the country should create opportunities for foreign investors to invest in bitcoin by....
Related News
Reports from Russia indicate a minor political party is moving to accept bitcoin donations. The Party of Growth, a center-right party formed in 2009 under the name Just Cause, is reportedly looking to begin accepting donations in the digital currency. The move is notable given the Russian government's complicated and long-controversial stance on digital currencies like bitcoin. News of the donation drive comes in light of reports from Interfax and TASS that cover remarks from Boris Titov, the head of the Party of Growth and an advisor to Russian President Vladimir Putin on business and....
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level.
Russian Official Proposes Regional Energy Quotas for Crypto Miners
Cryptocurrency mining needs to be regulated soon, Evgeniy Grabchak insisted during Russia’s first national conference of legal bitcoin miners, held recently in Irkutsk. The Siberian oblast,....
Titov Boris, the Presidential Commissioner for Entrepreneurs’ Rights in Russia and the Leader of Right Cause party, is trying to lead the Party of Growth to create clear and transparent legal regime and regulations for cryptocurrencies including Bitcoin. The Party of Growth, which represents liberal free market economy and democracy, believes that the Bitcoin blockchain technology is developing rapidly around the world, including Russia. The party proposes to legalize Bitcoin mining and officially recognize Bitcoin property rights. During an interview with TASS, a Russian news agency which....
Russia pushes bitcoin, Mark Karpeles goes free, another massive crowdsale in the books, and Steemit gets hacked. Want to catch up on the latest cryptocurrency news? Take a look at the stories below. RUSSIA. Once again, a Russian party is pushing for the legalization of Bitcoin. The Party of Growth, which supports “free market economy and democracy,” believes that blockchain technology is growing all around the world, and Russia would be foolish to cut itself out. Party leader Titov Boris explains: “We [Party of Growth] estimate that over 2 million Russian citizens have opened their own....
Should we depend on established political parties to defend the interest of Bitcoiners? Or is it time to form a new Bitcoin political party?