7 February 2014

BTC-e Pulls Support for Ruble As Russia Bans Bitcoin

Bulgarian bitcoin exchange BTC-e has pulled support for the ruble, following a decision by the Russian Prosecutor’s Office to ban bitcoin.


A statement issued by Russia’s General Prosecutor’s Office said that it saw growing interest in the cryptocurrency, including from money launderers.


“The official Russian currency is the ruble. The use of any other monetary instruments or surrogates is forbidden,” it said, citing Russian Article 27 of Russia’s Federal Law, regarding the Central Bank of Russia.


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February 07, 2014 at 09:17PM