Stop Celebrating Russia for recognizing Crypto as Currency: Crypto will only be trad
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Stop Celebrating Russia for recognizing Crypto as Currency: Crypto will only be trad

<!-- SC_OFF --><div class="md"><p>Why did everyone here celebrate that Russia is going to recognize Crypto as currency?</p> <p>Did anyone here actually do research on the consequences of it, or just read the headlines?</p> <p>Consequences of it:</p> <ul> <li><p>Crypto can only be transacted through the banking system</p></li> <li><p>Transactions outside the banking system are illegal</p></li> <li><p>You need a license to accept Crypto payments</p></li> </ul> <p>This is nothing to celebrate, how is it possible that thousands of people managed to ingore all of this?</p> <p>Sources: <a href="https://www.kommersant.ru/doc/5206307?from=top_main_10">kommersant</a>, WuBlockchain</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dwez1337"> /u/Dwez1337 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sri7l5/stop_celebrating_russia_for_recognizing_crypto_as/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sri7l5/stop_celebrating_russia_for_recognizing_crypto_as/">[comments]</a></span>Kind Regards R
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