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Blanket Bitcoin Ban Isn’t Right, Says Russian Finance Ministry Chief

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Blanket Bitcoin Ban Isn’t Right, Says Russian Finance Ministry Chief

Introduction

This article was posted on Monday, 14:58, UTC.

According to a new report, the Ministry of Finance in Russia is now questioning its own ‘bitcoin ban bill’, which is currently a draft. Alexei Moiseev, the Russian Deputy Minister of Finance has now claimed that the Ministry won’t be pressing for a direct ban of bitcoin, contrary to the agenda previously set by the regulatory authority. In what is clearly a change of stance, the deputy minister has stated that the bill – introduced by the Ministry to the Russian State Duma, pressing for a ban of bitcoin and cryptocurrencies –  will now be amended following a series of…

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Samburaj Das

Samburaj Das

Samburaj is the contributing editor at Hacked and keeps tabs on science, technology and cyber security.

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