Russia Outlaws Crypto As A Means Of Payment

Just shaking my head…

RUSSIA DECIDES TO OUTLAW CRYPTO AS A MEANS OF PAYMENT

“Prior to this consensus, the FSB was confused about whether it was even possible to ban cryptocurrencies like Bitcoin as payment options. The two departments have argued about how to regulate digital currencies. While the Bank of Russia has been firm on its position that everything related to cryptos should be banned, the FSB was open to legalization and endorsed a regulatory framework that would favor miners.

However, according to letter from the Deputy Prime Minister Dmitry Chernyshenko seen by Russian portal Baza, which was sent to President Vladimir Putin, the two agencies have finally come to a compromise.

‘A decision was made following a meeting in the government to establish a ban on the issuance and use of cryptocurrencies as a means of payment.'”

https://bitcoinist.com/russia-fsb-wants-to-interfere-in-crypto-regulation/

Master Asked on February 20, 2020 in Cryptocurrency.
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