Last time I checked from reliable sources, there was only one proposal and it was banning banks from investing in cryptocurrencies or mining cryptocurrencies. It had nothing to do with people and whether they invest in bitcoin or mine it.
More reliable than this?
https://www.cbr.ru/Content/Document/File/132241/Consultation_Paper_20012022.pdfScroll down to 4.2:
In our opinion, appropriate additional measures:
1. Introduction of liability for violation of the ban on the use of cryptocurrency as a means of payment for goods, works and services sold and bought by legal entities and individuals - residents of the Russian Federation.
2. Introduction of a ban on the organization of release and (or) release, organization of circulation and exchange cryptocurrencies (including crypto exchanges, crypto exchangers, P2P platforms) on the territory of the Russian Federation and establishing liability for violation of this prohibition.
Mechanisms should be developed to identify transactions and persons carrying them out after the introduction of a ban; mechanisms for blocking transactions aimed at buying or selling cryptocurrencies for fiat currency. Authorized person must be defined body (bodies), which will be entrusted with the authority to implement measures
3. Introduction at the legislative level of a ban for financial organizations on their own investments in cryptocurrencies and related financial instruments, prohibition
to use Russian financial intermediaries and financial infrastructure market to carry out any operations with cryptocurrency (acquisition, implementation
payments and transfers, alienation of cryptocurrencies) and to facilitate the implementation similar operations (including the provision of custody services or the promotion of risk through derivatives).
Even if Russia will not ban crypto soon, I expect it to do it some time in the future, because much like China they have chosen the road of totalitarianism, so banning crypto will be only logical for them. They probably didn't ban it yet because they are looking at ways to benefit from it, like bypassing sanctions, mining it, using for trade with allies, but none of that actually happened yet.
Every country that is is deep s***t will look at banning it rather than using it, especially ones with wannabe dictators like most of the eastern world is. They have no use for
BTC other than their personal interest and if
BTC could be used by the people of the country for escaping the clutches of their failure of a state then that is a threat that offset any possible gains.
But as always, fortunately, there is always Europe and North America, and 2 more countries in the bottom left where usually there is a flower pot blocking the map)
