Russian Duma Orders Blockchain Research

Russia’s more and more formal approach to Blockchain and digital currency keeps because the country activates its anti-VPN regulation Tuesday. Russian information outlet RBK stated that the state Duma had opted to order professional analytical studies and opinion polls regarding Blockchain for 2018.

The equipment will form part of a central authority desire to investigate standard legal law of Blockchain uptake on Russian economic markets based on worldwide experience, as the Duma’s monetary markets committee Aleksandr Zhukov mentioned.

Russian Duma

Russian president Vladimir Putin seemed to seek an end to the contradictory authorities’ position on digital currency law remaining month, calling for tightened, formalized controls on markets.

The struggle to influence clients keeps in more casual circles with central bank figures warning towards the purchase of Bitcoin and ex-finance minister Alexey Kudrin disagreeing with modern deputy Alexey Moiseev over whether it is a pyramid scheme. The Russian popular Prosecutor this week additionally connected elevated attention in digital currency to laundering of profits gained through unlawful channels.

Blockchain technology

November 1 sees the creation of an arguable new anti-privacy regulation aimed toward preventing VPN providers permitting Russians to access internet sites blocked by the authorities. Failure to conform will result in the VPN provider itself being blocked by Russian regulator Roskomnadzor, but the regulation just applies to the personal use of these networks.


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