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Russia didn't ban bitcoin. It has the same status as every other international currency.

• yebyen 13y ago
  That is not what it says on Slashdot. The article linked there, from Australia itNews[1], says: The Central Bank of Russia considers Bitcoin as a form of "money substitute" or "money surrogate" which is restricted under Russian law. However, unlike use of restricted foreign currencies, Bitcoin has been outright banned. I'll admit I don't read Russian, so I can't provide a more authoritative voice on the subject. On the other hand, Singapore Government Decides Not to Interfere With Bitcoin[2] [1]: http://www.itnews.com.au/News/371774,russia-bans-bitcoin.aspx http://www.itnews.com.au/News/371774,russia-bans-bitcoin.asp... [2]: https://news.ycombinator.com/item?id=6959545 https://news.ycombinator.com/item?id=6959545
  • yebyen 13y ago
    Oops. I meant to link to: Bank of Indonesia changes course, now says Bitcoin is legal[3] [3]: https://news.ycombinator.com/item?id=7195146 https://news.ycombinator.com/item?id=7195146
  • ye 13y ago
    The Central Bank doesn't decide on what's legal and what's not. It can say whatever it wants, in the end it's about what the courts say.
  • DateK 13y ago
    "Prosecutor General's Office, the FSB and the Interior Ministry declared war on Bitcoins" http://translate.google.com/translate?hl=en&ie=ASCII&prev=_t&sl=ru&tl=en&u=http://top.rbc.ru/economics/07/02/2014/903913.shtml http://translate.google.com/translate?hl=en&ie=ASCII&prev=_t...