February 27, 2016 BY Maria Nikolova

Russia's Ministry of Finance to present bill penalizing Bitcoin use in June

The position of Russian regulators regarding crypto currencies in general and Bitcoin, in particular, has yet to be made clear. Whereas in 2014 the Bank of Russia dubbed Bitcoin a type of money surrogate and warned against it, the law is not precise regarding the status of Bitcoin and its use. This is about to…

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