Russia to ban Bitcoin in 2015, Bangladesh puts prison on Bitcoin


Maybe this is why some people started freaking out


If it chalenges the banks they’ll try to make it illegal. Of course they tried to do the same thing with pirating music and movies too. It seems quite clear to me that lines are being drawn in the sand between crypto and non crypto friendly parties.

I think it’s also worth noting if they make cryptocurrency illegal then it follows that maidsafe will also be illegal.


“We will discuss this law in the current season of parliament, and
possibly even pass it then, or at the latest by spring of next year.”

Sounds like it’s not a done deal yet. Russia’s economy is currently under pressure due to the strained relations with the West, I wonder if that might affect the decision whether to pass the law or not. We’ll see.