Bitcoin Activity Up in Russia Aside From Strict Law Proposals
The world moves along regardless and the people want their Bitcoin even though Mother Russia says “nyet”
Russia: Bitcoin Activity Rising Despite Strict Law Proposals
“This new development regarding Russian regulation of digital assets has not put a damper on peer-to-peer exchanges and trades. Coin Dance statistics indicate that Russia accounted for 20% of Localbitcoins trade volume in May — the second month in a row that the country has topped the charts for trade volume.
‘We are following the legal situation in Russia,’ a spokesperson for Localbitcoins claimed, adding, ‘We hope that Russian people will continue to have access to Bitcoin and its benefits in the future too.’
However, it seems like most Russian cryptocurrency aficionados are not really worried.”