#cryptocurrencies

According to Interfax, last week Russian government held a meeting concerning draft law on responsibility for issuance of money surrogates and operations therewith.

As recently as a week ago Sverdlovsk Oblast court discharged the order to ban several sites on cryptocurrency, thus encouraging local bitcoiners to celebrate this small yet important victory.

Widespread and massive adoption of cryptocurrency faces several obstacles most of which are well known to dedicated communities. There are ambiguous legal stance of digital money along with evident difficulties of their using. However, all those problems get eclipsed by a bigger problem, which is conceptual. In fact, the greatest obstacle for cryptocurrency’s propagation is […]

SPECIAL: Read in Russian! Part 1 read here. Meanwhile in the State Duma It’s time to go down to earth, i.e. In Russia. According to local authorities, cryptocurrency is a hardly understandable and probably dangerous phenomenon, so it’s easier to ban it rather than break their heads over what to do with it. A perfect […]

SPECIAL: Read in Russian! ForkLog has always been closely monitoring the events related to banning of Bitcoin and other cryptocurrencies in Russia. According to one of our authors, Russian authorities’ refusal to embrace Bitcoin is somehow equivalent to the lost opportunity of creating Internet in the USSR. But now we decided to consider Bitcoin integration […]