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Author Topic: Do you think Russia will ban cryptocurrencies?  (Read 10061 times)

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #15 on: January 31, 2022, 09:57:11 PM »
President Putin has just spoken on this matter, and we don't need to worry too much about the fate of crypto in Russia. Russia has the upper hand in crypto mining, it will not give this advantage and profit to other countries. Russia wants to regulate and tax earnings from the crypto market.
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Re: Do you think Russia will ban cryptocurrencies?
« Reply #15 on: January 31, 2022, 09:57:11 PM »

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #16 on: February 01, 2022, 07:30:29 AM »
President Putin has just spoken on this matter, and we don't need to worry too much about the fate of crypto in Russia. Russia has the upper hand in crypto mining, it will not give this advantage and profit to other countries. Russia wants to regulate and tax earnings from the crypto market.

Yeah, I think Russia want to get tax from crypto.
That's normal, it s the reason why Russia to regulate crypto.
Keep calm, we should have optimistic about this case.

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #17 on: February 01, 2022, 12:23:02 PM »
Crypto currency is the future cyrrency, No one cannt refuse the future technology.
As you said , if russia bans crypto, peope will find other way to invest, mine and use crypto.
I believe it.

Right now I think the Russian government has much more important things on the table, like the conflict with Ukraine. I do not think that for the next few weeks or months we will see news (official news, not rumors) about cryptocurrencies from Russia again. It's ironic, because Russia faces arguably the biggest sanctions of most countries in the world and by using cryptocurrencies they could avoid many of those sanctions. This time Russia reminds me what happens with India, the governments do not know what decision to make and everything implies a long wait.
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Re: Do you think Russia will ban cryptocurrencies?
« Reply #18 on: February 01, 2022, 12:27:55 PM »
Loud statements were made in Russia a few days ago about banning cryptocurrencies and mining, but in the end they decided not to ban it, it's not clear why it was done, or to attract attention, they succeeded.The main thing is that this topic ended well for the crypto community.

As of now, there is no clear-cut policy yet coming from Kremlin on matters of cryptocurrency and can be because Putin and his people are too busy doing the suspense show in the Ukraine border. personally, I am hoping that somehow there can be a way the government will provide that will recognize cryptocurrency even in a very limited parameters but then again one thing for sure is if Russia can enter into the crypto scene it can be the new source of FUDs which was played by China so well until it totally ban crypto and mining for good last year.


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Re: Do you think Russia will ban cryptocurrencies?
« Reply #19 on: February 01, 2022, 03:33:06 PM »
Probably this is the right decision on the legalization and control of cryptocurrencies in Russia, they will probably cancel the cryptocurrency. Most countries already make their own cryptocurrency for fast transfers.
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Re: Do you think Russia will ban cryptocurrencies?
« Reply #20 on: February 01, 2022, 04:42:29 PM »
Probably this is the right decision on the legalization and control of cryptocurrencies in Russia, they will probably cancel the cryptocurrency. Most countries already make their own cryptocurrency for fast transfers.

I think It just about tax.
Russia will  have regulation for crypto currency.
So I don't believe Russia will ban crypto.
As many people said, crypto is future technology.
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Re: Do you think Russia will ban cryptocurrencies?
« Reply #21 on: February 01, 2022, 06:37:37 PM »
I don't think about it,
Russia , Chinese etc will han crypto currency but I don't care.
It will affect the crypto market but not for long.
I believe market will recover again.

I don't think it's that simple actually. If many countries with greater political and geostrategic weight ban cryptocurrencies, smaller countries could be "forced" to do the same. We live in a world where political and economic sanctions (whether or not they are legal at the international level) occur on a daily basis, and that could be a threat to countries with weaker economies. Anyway I think we will have to wait for more news, Russia has more important things to worry about right now.
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Altcoins Talks - Cryptocurrency Forum

Re: Do you think Russia will ban cryptocurrencies?
« Reply #21 on: February 01, 2022, 06:37:37 PM »


Offline Senin

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #22 on: February 10, 2022, 07:38:49 AM »
It seems that the Russian government and the Central Bank of this country really agreed and want to legalize cryptocurrency as a means of payment, although a little earlier the Central Bank was categorically against this and called for a ban on its mining and circulation. In Russia, it was said that the legalization of crypto-currency would give the state many billions of dollars in tax revenue.
Link to source of information:
https://www.coindesk.com/policy/2022/02/09/russia-to-license-crypto-exchanges-tax-large-transactions/
I wonder what prompted the Central Bank to change its previous decision? International sanctions and financial deficit?

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #23 on: February 10, 2022, 09:46:01 AM »
There will be no ban in Russia, as neighboring countries look to Russia. What is happening in Russia is happening in the CIS countries. This must be taken into account. No, in my opinion, there will be no complete ban on bitcoin in Russia, because a law has recently been introduced on the taxation and use of cryptocurrencies in Russia.

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #24 on: February 10, 2022, 05:06:44 PM »
Russia is still considering how to do it correctly so that they feel good and the ban is not so wasteful. Everyone will use other IP addresses to use cryptocurrency, it will probably be very difficult to do.
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Re: Do you think Russia will ban cryptocurrencies?
« Reply #25 on: February 10, 2022, 09:25:02 PM »
Recently, the Ministry of Finance and the Central Bank of Russia have stated that they are in favor of the regulation of cryptocurrency, its legalization and recognition as a means of payment. This is a little surprising to me, since the Central Bank has always adopted a tough policy of banning cryptocurrencies, citing the fact that the Constitution of the Russian Federation provides that the only means of payment in Russia is the ruble.
This is good information for cryptocurrencies, and if they don’t change their attitude towards cryptocurrencies once again, then prices should now go up, which, in fact, is already happening.

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #26 on: February 11, 2022, 08:43:51 AM »
There will be no ban in Russia, as neighboring countries look to Russia. What is happening in Russia is happening in the CIS countries. This must be taken into account. No, in my opinion, there will be no complete ban on bitcoin in Russia, because a law has recently been introduced on the taxation and use of cryptocurrencies in Russia.

I think Russia citizen should use VPN if the government ban crypto.
Maybe the government will create own crypto currency , Let's wait and see.
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Re: Do you think Russia will ban cryptocurrencies?
« Reply #27 on: February 12, 2022, 05:20:16 PM »
I think Russia citizen should use VPN if the government ban crypto.
Maybe the government will create own crypto currency , Let's wait and see.

Finally, the Russian government is thinking of doing the opposite, legalizing cryptocurrencies and allowing banks to sell them. So far the only thing we know is that a draft has been sent to present the proposal, there are no details about taxes or anything yet, but if that law is finally passed, it would be a revolution for the cryptocurrency industry. A few days ago I wrote a thread to talk about this topic, you have more information here: https://www.altcoinstalks.com/index.php?topic=255756.0
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Online Vx1

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #28 on: February 12, 2022, 06:14:11 PM »
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Russia has legalized Bitcoin, and this is great news.  I want this to be positive news for bitcoin and crypto in general. Russia is a big country, which has influence in all fields on the European continent, with this good decision it will make it easier for the people there to carry out all crypto activities. Even though it will be heavily taxed, I don't think it will be a problem.

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Re: Do you think Russia will ban cryptocurrencies?
« Reply #29 on: February 12, 2022, 06:34:22 PM »
On the contrary, I heard in the news Russia is planning to legalize cryptocurrencies in their country but in India finance minister impose a tax on cryptocurrency profit but still not legalized in the country. I hope soon we will witness Russia will also legalize crypto-like El Salvador did till then we have to wait.

 

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