Russia may legalize bitcoin ? Bank of Russia deputy chairman
 

The Bank of Russia has signaled it is ready to legalize the world?s first mainstream cryptocurrency, despite the big risks and setbacks the digital money has experienced. The Bank?s recognition means it can better regulate it, and even collect tax.

?We advocate a careful approach to bitcoin and are monitoring the situation along with the Bank for International Settlements,? Gazeta.ru quotes Georgy Luntovsky, the Bank of Russia?s Deputy Chairman speaking on Wednesday at the annual International Banking Congress in St. Petersburg.

?One can?t ignore this instrument, maybe this is the future,? Luntovsky added.

http://rt.com/business/170112-russia...alize-bitcoin/

I guess it is good time now to invest into bitcoin.

Everyone will legalize it sooner or later .

This is a larger indicator of Russia's economy than the legitimacy of Bitcoin. They are in trouble and will likely begin trying whatever they can.

Good idea. Let Russians get a hold of your bitcoin. :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh

Most likely they will just jack your bitcoin wallets to get new Bentleys and whatnot. The russian economy will never change. There is way too much greed going on.

It's not like you are forced to transfer all your Bitcoins to them... Some people might want a easy way to exchange money and this sounds like a opportunity for the banks and the people looking for that service.

Interesting.