Ethereum blockchain has seen significant market capitalization increase since the introduction of first initial coin offering, nevertheless, the journey ahead is long until we discover the full capabilities of this invention alongside with mass adoption in our daily routines. Leading governments of the world need to take first steps towards positive regulations on the digital currencies for them to gain significant trust among average individuals and luckily that is what we are witnessing lately. On that note, let's take a closer look at how far advanced are Russian Ethereum blockchain regulations, exchanges, and online gambling possibilities.
Russian Ethereum Regulations
Currently, there are no active regulations for Ethereum blockchain value-tokens or any of the other digital currencies and government officials have made clear statements about working towards having blockchain assets regulated by 2019. Russia plans to approach blockchain currencies like assets and regulated them under close to similar acts. The Russian president, Vladimir Putin, has greenlighted many Ethereum-based projects including one for central banks transactions and had Vitalik Buterin, founder of the Ethereum blockchain, visit him at his dinner party. From all of the above, we would like to believe that blockchain assets will not see many negative slams from the Russian government in the future. Russia is planning to digitalize their national currency on the Ethereum blockchain.
Ethereum Exchanges in Russia
Russian citizens should be careful when trying to acquire some Ethereum blockchain value-tokens due to not having active regulations there are no "legal" exchanges as yet so to speak. Some of the places which allow you to buy ETH are CEX.io, BestChange, xBTCe.com and in rare cases known blockchain forums trading sections, bitcointalk for example. The latter options should be executed as last resort.
Russian Online Gambling Laws
Russia is not a gambling-friendly nation if we are being completely honest, however, Russian citizens do continue to play on offshore casino sites even despite the 2006 year bill which restricted all of it. There are small risks in placing wagers online and usually come in the forms of fines if you happen to get caught. Reports state that officials don't really have too much interest in chasing individual bettors and battle against the illegal operators and underground parlors. If you are a Russian trying to reduce your odds at being caught then your safest bet is to play in an Ethereum casino, using digital currencies and a proxy to hide your location. We do not suggest anyone breaking their national laws but advise to stay protected if you must, good luck.