Russia Will Eventually Legalize Bitcoin

  • The legalization of bitcoin and other cryptocurrencies as a means of payment is only a matter of time according to the Russian minister of industry and trade.
  • The minister explains that the process of legalization will happen, it’s just a matter of how it is regulated, and how it is passed.
  • Russian regulatory agencies have danced around the concepts of legalization and bans over the course of the past few months.

Denis Manturov, Minister of Industry and Trade of the Russian Federation, recently expressed his opinion that bitcoin and other cryptocurrencies being legalized in Russia is just a matter of time, according to a report from Russian state news agency TASS.

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