Russia Bans Bitcoin

← Back to Stories (view on slashdot.org)

Posted by samzenpus on Friday February 7, 2014 @01:02AM from the no-coins-for-you dept.

mask.of.sanity writes "Russia has banned digital currency Bitcoin under existing laws and dubbed use of the crypto-currency as 'suspicious'. The Central Bank of Russia considers Bitcoin as a form of 'money substitute' or 'money surrogate' (statement in Russian) which is restricted under Russian law. However, unlike use of restricted foreign currencies, Bitcoin has been outright banned. The US Library of Congress has issued a report examining the regulatory approaches national financial authorities have taken to the currency."

8 of 207 comments (clear)

Min score:

Reason:

Sort:

I love the new Beta! by Anonymous Coward · 2014-02-07 01:03 · Score: 1, Funny

Finally a refreshing alternative to the old green theme. A fresh look and feel.
Which, of course, really means... by Anonymous Coward · 2014-02-07 01:05 · Score: 5, Funny

...if they catch you running an illegal operation using Bitcoins, the necessary bribe to the authorities just got bigger.
Slashdot bans the will of users. by Anonymous Coward · 2014-02-07 01:13 · Score: 0, Funny

Beta sucks forever. Kill it with fire!
Fuck Bitcoin by dvh.tosomja · 2014-02-07 01:14 · Score: 3, Funny

I mean, err, Fuck Beta
Gay? by Big+Hairy+Ian · 2014-02-07 01:15 · Score: 3, Funny

Russia declares BitCoin Gay!! Who's going to pull out of the Olympics over this one?

--
Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.
This isn't a Beta post by rossdee · 2014-02-07 01:27 · Score: 4, Funny

In the '80s Reagan banned Soviet Russia
What would Ronald Raegan do? by Nightbrood · 2014-02-07 01:47 · Score: 5, Funny

I believe he would say, "Mr. Gorbachev tear down this beta."
#IamSlashdot
Positive effect of Beta by jbeaupre · 2014-02-07 01:53 · Score: 5, Funny

There is a serious benefit of Beta you are all ignoring. Productivity around the world is increasing due to people preferring to work instead of reading Slashdot.

--
The world is made by those who show up for the job.