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     6 years ago (edited)

    Glad it worked out well for you!

    I've been reading a few things about the Russian government and cryptocurrencies:

    • They have considered creating a state currency with digital technology that has been referred to as the "CryptoRuble".
    • There has been talk of Russia increasing Bitcoin mining due to China's rumoured decision to ban it in the future (FUD? Who knows with China?).
    • Most recently, there was some talk of not taxing or requiring disclosure for government officials who owned cryptocurrencies.
    • Russia will likely try to take advantage of cryptocurrencies to circumvent sanctions that have inhibited their ability to trade globally. This could spur the entire market forward due to the large-scale demand a country the size of Russia would create on an institutional scale.
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