Russia’s Finance Ministry Wants to Ban Bitcoin, Not the Blockchain

“Though bitcoin regulation remains a divisive topic globally, there’s perhaps no country that has kept the international bitcoin community guessing about the digital currency’s future more than Russia.  For more than a year, the Ministry of Finance of the Russian Federation, the nation’s economic lawmaking body, has been repeatedly and staunchly against allowing its use as an alternative to government-issued money. Just last month, for example, deputy finance minister Alexey Moiseev told CoinDesk that the Ministry was working on a draft law that would seek to punish those converting cryptocurrencies into the ruble with up to four years in prison.”

http://www.coindesk.com/russia-ban-bitcoin-not-blockchain/

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