Russia has Offered to Ban Bitcoin in Every Country

[Goodcat49]

The State Duma, the lower house of the Federal Assembly of Russia is a very powerful institution, with the right to approve bills and laws. One of its members has claimed that bitcoin must be prohibited all over the world.

Nikolai Arefyev, First Deputy Chairman of the State Duma Committee on Economic Policy, Industry, Innovation and Entrepreneurship, suggested that bitcoin should be banned in every part of the world, and those people who propagate it should be prosecuted as speculators.   

“Cryptocurrency should not exist at all. It interferes the development of commodity production. And making money out of money is detrimental to the entire population of the earth. Those who work in this market are speculators,” the parliamentarian said.   

“And we, on the contrary, encourage such activities, considering that this seems to be a blessing for people. In fact, this is not an economy, this is speculation, and speculation is harmful to the economy of any country,” Arefyev concluded.   

Contradictions in Treating Cryptocurrency in Russia   

In Russia, the status of cryptocurrency has not been officially determined yet. In the spring of 2018, the bill “On digital financial assets” was introduced in the government, but according to the results of the first reading, the text of the document was drastically changed. Currently, the draft law has not been approved in all three readings. President Vladimir Putin ordered the Duma to create a proper regulatory framework for cryptocurrency at spring meetings.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: http://No link shortners - please include original link/2IyBPa0

[Fenix]

In Russia, politicians still continue to think in the postulates of socialism of the USSR times, when speculation, that is, the receipt of so-called unearned income from the resale of any goods (article 154 of the Criminal Code of the USSR Foundations), was criminalized. In addition, now under the current regime of Putin, imperial ambitions are spreading and for this purpose the aggressive policy of the territories of neighboring states is being pursued. Therefore, they even try to give instructions to all other countries on how to deal with cryptocurrency. It seems that Russia can again shut off the iron curtain from the rest of the world.

[dentolas]

The smell of crypto-ruble is in the air...
Esy to see where it could come handy to ban BTC all over the world and come up with a "different kind of crypto"
But, who knows... who can trust the news?! 

[VladEx]

Russia can't go against cryptocurrencies and Bitcoin. I think it is fake news.

[tonymillions84]

Russia a communist society had always try to  every possible means to stop they never invented. it seems like a thug war between them and the united state on the ownership or right to invention. they have been on the forefront of cryptocurrency. it will really affect crypto if Russia is serious with this move.