This raises two important questions: Why has the government made this U-turn
I can only read this from one perspective, after being hostile and now wanting to “regulate”/embrace cryptocurrencies, Russia has found a way to profit severely with this at the expense of user privacy and ease of use, and will probably impose heavy taxation to anything cryptocurrency related. They can’t reverse their stance out of the blue in a few months time, that’s basically impossible.
That’s why I say on every post of mine here regarding these issues… Careful what you wish for, most people see regulation as something positive, but regulations may cripple bitcoin adoption severely depending on what’s decided.
Published at Tue, 25 Apr 2017 12:06:00 +0000
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