Russia’s MinFin Wants to Jail Bitcoin Users for 4 Years

By October 26, 2015Bitcoin Business

Russia’s Ministry of Finance (MinFin) has proposed jail sentences for the use of cryptocurrency, strengthening its opposition to the technology. According to a press release, those found guilty of using so-called “money surrogates” could face up to four years in prison. Current sentences are limited to a fine of up to 500,000 rubles or 2 years’ community service.

The latest revision to the law has received the support of the Ministry of Economic Development and […]

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