Russia’s Ministry of Finance has brought forward the proposal to ban any virtual currency. Obviously, all crypto currencies arouse steady aversion among Russian officials. Perhaps, they hope to adopt extra measures aiming to ensure further isolation of Russian citizens internationally. In addition, Russian civil servants from the Ministry of Finance suggested bringing criminal action against those who are involved in creating cash equivalents or making transactions with the use of such currency. By the way, a traditional Russian quasi-currency with a nominal value of 0.5 liter of vodka also subjects its payer to the criminal legislation. Long ago, it became a stable national currency with its rate of exchange; it even can be fake like real money. So, if a case of paying by a bottle of vodka comes into focus of law enforcement authorities, a payer is to be prosecuted. Anyway, holders of quasi-currencies would rather seek out alternative ways of keeping their savings. Besides, the Russian Ministry of Finance proposed imposing administrative or criminal action against those who issue virtual money or carry out transactions using cyber currencies. Moreover, the authority aims to bar access to web resources which make virtual currencies freely available as well as provide tools for virtual transactions.
