“Advocates of Bitcoin gained support from OAO Sberbank (SBER) chief Herman Gref, who’s urging the Kremlin to stop Russian lawmakers from curbing the use of virtual currencies in a bill designed to cut funding for terrorists. The security committee in Russia’s lower house of parliament, the State Duma, approved a draft bill on Jan. 15 that seeks to curb anonymous transactions as a means to counter terrorism. It’s not clear how Russia will be able to regulate virtual currencies such as Bitcoin, though, since they don’t have issuance or processing centers, according to Viktor Dostov, president of the Russian Electronic Money Association.”
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Tip Freedomwat.ch Staff with Bitcoin
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