Russian Finance Minister Doesn’t Think Bitcoin is That Bad

Can’t anyone in Russia make up their minds about bitcoin?
Yesterday we reported that Russian authorities restricted access to trading site LocalBitcoins. For years, regulators have sworn to make bitcoin usage criminal, ensuring that any user would be hit with fines or a jail sentence depending on the ‘level of offense.’ Now, it appears some aren’t that convinced bitcoin is a bad thing.
Russian Deputy Finance Minister Alexei Moiseev said on Tuesday that he doesn’t feel bitcoin or digital currencies present any danger towards the country’s financial system. His statement to reporters reads:
‘All of this does not pose much of a danger to the public, as it has not taken on a mass character that could pose a threat to our financial system right now. In the future, it could possibly emerge given that it is not regulated.’

This post was published at NewsBTC