Different Russia Minister Says it Will NEVER Legalize Bitcoin

In yet another backflip worthy of the Moscow Circus, a Russian minister has said that the country will never legalize bitcoin, just seven months after another government minister said it was considering making it legal.

Minister of Communications and Mass Media Nikolai Nikiforov made the statement Monday, saying that “bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation.”

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