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Is 2016 a Year Russia Legalizes Bitcoin?

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The Deputy Chairman of a Russian State Duma Committee — a reduce residence of a Russian legislature — spoke about cryptocurrencies today. The emissary had a few engaging things to contend about Russia’s hardline position on cryptocurrencies in a past and probable destiny of a legality of Bitcoin in Russia, quite for allotment with people and peer-to-peer transactions.

According to a news by distinguished Russian news group TASS, a emissary authority spoke broadly about cryptocurrencies and Bitcoin today.

Wikimedia/P. Fedynsky Bitcoin

Andrei Lugovoi

Andrei Lugovoi, a Deputy Chairman of a Russian State Duma Committee for Security and Anti-Corruption claimed that Russia ranked 5th in a universe for a series of people trade and regulating cryptocurrencies.

Citing consultant estimates, Russia has approximately 200,000 users adopting Bitcoin and other cryptocurrencies. The United States ranked first, with 1.2 million users, followed by China during 355,000 users. Germany came in next, during 250,000 users, Lugovoi revealed.

He done a eminence among a naysayers and supporters of cryptocurrencies within Russia, picking


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