Russia to Treat Bitcoin as Foreign Currency
Depending on how soon all involved parties can come to an agreement, the law proposal will be submitted to the Duma by the end of 2016. The status of Bitcoin in Russia has been up in the air for quite some time now. There only seems to be two courses of action: either Bitcoin would be banned, or it would be allowed. But perhaps there is a third option on the table, as authorities want to label Bitcoin as “foreign currency”. Russia Still Tangoes With Bitcoin. Putting Bitcoin on the same level as foreign currency in Russia would have some interesting consequences. Using Bitcoin in the....
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