Official Document Confirms Bitcoin’s Legal Status in Russia


  • “As a result of this official document, there is no legal prohibition related to Bitcoin or other cryptocurrencies in Russia. Additionally, buying or selling Bitcoin is perfectly legal, albeit considered a foreign currency transaction
  • “It is due time some clarification regarding the Bitcoin situation in Russia is provided. No ban on Bitcoin and other currencies is a positive development. Any draft law regarding banning Bitcoin usage has been put on the back burner for the time being. However, new regulations may be written in the coming months”

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