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Sunday, 12/10/2017 9:55:06 PM

Sunday, December 10, 2017 9:55:06 PM

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Bitcoin will be legal in Russia

As the state works on legislation, Moiseev stressed that buying and selling Bitcoin and other cryptocurrencies would be legalized. Just how long it will take for this new legislation to take effect is a matter of time, but it could be a few months at the least.

This is quite an about turn for the country, as president Vladimir Putin had all but condemned Bitcoin and cryptocurrencies in October.

The Russian president has ordered the government to set up regulations for the trade of Bitcoin and other cryptocurrencies, ICOs and mining by July 2018.

https://cointelegraph.com/news/bitcoin-will-be-legal-in-russia-mining-to-be-regulated
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