Is bitcoin illegal in Russia

3. Whether bitcoin is legal or not depends on the attitude of monetary authorities
the further development of bitcoin may threaten the interests of traditional currencies, and currency issuers will not cede their rights to an open-source P2P algorithm. So governments are likely to outlaw bitcoin
once governments declare it illegal, it may cause huge fluctuations in its price in the short term. It could be a crash, it could be a surge. Because people at the bottom of the world are obviously resistant to their governments< At the same time, the ban by the government will lead to the closure of bitcoin trading platform. After the closing of the trading platform, bitcoin can only be cashed in private, which will have a great impact on its cashing ability< However, e to the characteristics of bitcoin itself, it provides an excellent channel for officials of various countries to accept bribes, launder money and transfer assets overseas. Especially in the trend that officials of various countries disclose their property, bitcoin provides a good way for them to hold huge property anonymously
from this perspective, some officials may actively promote the legalization of bitcoin< On May 7, 2013, officials from the US Commodity Futures Trading Commission (CFTC) said that they were considering whether the online virtual currency "bitcoin" could be applied to the agency's regulations. CFTC is the highest regulator of the derivatives instry in the United States. Bitcoin is known as a currency independent of traditional authority, and if it is regulated more, it may bring challenges to its supporters
CFTC mainly supervises derivatives contracts. Its responsibilities have been greatly expanded after the financial crisis in 2007-2009, and it also has full power to supervise retail foreign exchange dealers
Bart Chilton, one of the five members of the CFTC, said on Monday that he had asked the committee to consider regulating bitcoin to determine whether consumers need additional protection when using bitcoin[ 15]
the Hong Kong government has approved GBL electronic currency trading center to operate virtual currency exchange business, which will be an important milestone in the development of bitcoin. GBL virtual electronic currency trading center has completed the equity change and has the business scope of virtual electronic currency exchange business.

4. There must be fraud in digital currency investment. It's better to find formal institutions to invest, and don't trust high returns.

5. Generally, it's legal, but I don't think it's reliable. If you put it in your wallet, it's equivalent to being in someone else's, so you can't make your own decisions

6. It's just some worthless speculation codes, no trading value. If there are funds to participate in the speculation, no funds to participate in the final price zero. I suggest you don't have to focus on these things.

7. Just trade. The calculation rule of mining is to allocate platform currency according to the service charge you contributed in a certain block, and then distribute dividends according to the number of platform currencies. For example, a block will generate 100 at platform currencies. The total transaction fee of this block is 200 yuan. If you contribute 20 yuan, you can get 100 * (20 / 200) = 10 platform currencies. Your costs are transaction fees and losses caused by currency price fluctuations, and your income is platform currency and dividends. At platform currency can not be traded at present. It is expected that trading will be opened after July 23-25, when at currency can be sold for profit.