Russia’s Startups Seek Refuge Abroad in Face of Bitcoin Ban

By October 10, 2014Bitcoin Business

Due to Russia’s status as the ninth-largest economy in the world, its rising interest in non-cash transactions and its evolving payments ecosystem, the country has unsurprisingly been a market of interest for the bitcoin community, both domestically and internationally.

However ripe for disruption the Russian market might be because of these factors, though, the country’s parliament may soon cast the deciding vote as to whether bitcoin will play any role in country’s ongoing payments upheaval.

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