That is exactly it. Because of the instability in the economy during the 90s where most Russians abandoned the ruble and used USD the Russians heavily regulated all non-ruble currencies as a way to force stability.
This notice is more a reminder that bitcoin is treated as other non-ruble currencies are. I'd assume most of the Russian based markets already knew that.
The laws are there but they are extremely difficult to police, while you can't just open a bank account and accept USD (which you need a license for) there is still a large grey economy.
This notice is more a reminder that bitcoin is treated as other non-ruble currencies are. I'd assume most of the Russian based markets already knew that.
The laws are there but they are extremely difficult to police, while you can't just open a bank account and accept USD (which you need a license for) there is still a large grey economy.