Friday, 8 April 2016

Putin the Liberator? So why are the State Duma proposing jail terms for Bitcoin ownership?

As things stand, an official proposal by the Russian Finance Ministry is currently going through the State Duma, in an attempt to officially ban Bitcoin in Russia. The proposal also calls for prison terms for those using or mining Bitcoin, deeming it to be a criminal offence. Currently, the Russian Finance Ministry if proposing up to 7 years in prison for using the cryptocurrency.

See the end of this crypto article.

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