UPD: draft is available Re: Russia want completely ban Bitcoin and other cryptocurrencies

[Anton Nesterov]

Anton Nesterov wrote:
> Ministry of Finance of Russia drafted a bill to ban cryptocurrencies
> with administrative or criminal penalty for mining and other operation.
> Also they want to censor bitcoin-related websites.
> 
> This will come into force in 2015.
> 
> http://top.rbc.ru/economics/01/08/2014/940521.shtml (in Russian)
> 

OK, draft is available now:
http://regulation.gov.ru/project/17205.html?point=view_project&stage=2&stage_id=13089

Draft bans surrogate money and defines this as currency, including the
electronic, used for payments or/and exchange, beside the ones described
in federal law (definitely this includes bitcoins).

Emission, creating and distribution software for emission of money
surrogates, distribution of information which can be used to emission
money surrogates and/or operation with them, operation with money
surrogates: 30-50k rubles ($750-1.25k) for citizens, 60-100k
($1.5k-2.5k) for govt officials, 500k-1m ($12.5k-25k) for legal entities.

Also it gives power to the Bank of Russia to censor websites related to
the emission and operations with money surrogates.

If any Russians read this: you can add proxy=127.0.0.1:9050 to your
bitcoin.conf/litecoin.conf/dogecoin.conf/etc., and this will proxy all
your connection via Tor network (of course you need also to run Tor for
that).

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