Russian Internet Ombudsman Calls Bitcoin Banning Attempts ‘Downright Ludicrous’
Speaking at the roundtable on Perspectives of Implementation and Development of Blockchain Technology in Russia, he said:
â€śDetermining the very technology and banning bitcoin on the government level, as it’s done in Russia, is downright ludicrous. I can agree with any of my fellow citizens or a U.S. citizen to sell my apartment for ten kisses, and no one can prohibit me to use this ‘cryptocurrency’, it would be a decisively confirmed currency.â€ť
Marinichev also noted that the government should do its best to promote innovative technologies.
â€śAn effect on business is possible only if we integrate the very position of a distributed record in the legislation. It’s mostly similar to legalizing accountancy with double recording between two legal entities,â€ť he added.
Earlier, Russian parliament member AndreiÂ Lugovoy also spoke in defense of cryptocurrencies. He also initiated a conference on digital currencies set to be held at the State Duma on June 2. Russia’s main bitcoin and blockchain evangelist, German Gref, the head of Sberbank,Â said at the lecture in Skolkovo that Russia will experience regress if bitcoin exchange becomes subject to penalties.
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