December 18, a draft code implying penalization of issuance and exchange of, and operation with “money surrogates”, was introduced to the Russian Parliament, the State Duma. Russian authorities were going to equal cryprocurrencies to the said surrogates, and even introduce criminal and administrative punishment for any operations related thereto.
Following the notorious court ruling as to the â€śeternal banâ€ť of several Russian websites, including extremely popular BitTorrent tracker Rutracker.org, RosKomSvoboda, The Center for Protection of Digital Rights, and some activists initiated a campaign titled â€śThe Battle of Runetâ€ť. The campaign provides for consolidation of efforts of those thinking the.
A dedicated working group at Japan’s Financial System Council is said to have prepared a draft proposal as to providing regulation framework for digital currency.
Following the terrifying massacre and bombings in Paris last month, the French government started insisting on restricting or even banning several technologies facilitating anonymous money transfers, including digital currencies.
Despite some fears circulating for a while in the community, the Chinese goverment has no intent of banning bitcoin.
Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big.
Interest towards blockchain in Russia continues growing, while bitcoin still faces the perspective of banning. Russian Ministry of Finance confirmed its intent to ban cryptocurrency in an exclusive comment to ForkLog.
Several big-name companies from across both financial and technological sectors, including Cisco, Wells Fargo, London Stock Exchange Group, JP Morgan, Intel, Fujitsu, SWIFT, and IBM announced they created a consortium under the aegis of the Linux Foundation in order to develop an alternative for the blockchain technology.