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Bitcoin can't be used for payments: Russian regulators

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attachRussian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed.

- via news.bitcoin.com


​the Ministry of Finance and the government have converged on the question of how to regulate Russia’s crypto space. Decentralized digital currencies will not be accepted as a means of payment, the head of the Russian Union of Industrialists and Entrepreneurs (RSPP) Alexander Shokhin told reporters following a meeting devoted to digitalization.

If you can remember, the central bank wants to ban and illegalize crypto.

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Russian regulators must have so many reasons about their crypto decision

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