Hello fellow Hivians!

So really cool news today coming out of Russia.

Basically, Russian authorities are planning to recognize digital assets such as Bitcoin, Ethereum, SPS, etc, as a form of currency according to the local newspaper Kommersant.

According to Kommersant, the Bank of Russia have decided on how they are planning to regulate cryptocurrencies with an expected draft law to be released February 18. This law effectively redefines crypto and sets out regulation for reporting transactions over certain limits (600k rubles). Further it makes transacting in crypto illegal unless via certified entities. This is effectively to ensure that all transactions are "KYCd" according to Russian standards.

This is definitely interesting as Russia has been previously pretty anti crypto encouraging freezes on accounts transaction with known crypto entities and regulating mining ops.

I know a lot of you guys in this space are super anti-regulation but to be honest, regulation in essence isn't a bad thing as its intent is to protect consumers. Further, markets that have some form of regulation are generally more stable and less volatile which ultimately means more trust in the blockchain and use of any given token.

All right so enough about the daily news, on to the giveaway.

Giveaway Prize

Winner's Choice from the below cards.

BONUS
If we can meet a designated number of upvotes I'll instead replace the winner's choice with one of the Chaos Legion Rare reward cards.

Last week we missed the goal of 80 votes so I will only draw 1 winner and drop this week's goal to 75 votes.

How to participate

1. Leave a comment including the Splinterlands name the reward should be sent to and your response to the below prompt.
2. Upvotes are not required but are appreciated
3. Reblogs not required but are appreciated
4. Spread positivity in your life.

*Prompt: Do you think Russia will actually make crypto legal tender and if so which country do you think will be next to do so?

I will be using Hive Picker to select a winner which will be announced in my next giveaway post.

Previous Post's Winner

Note that I drew 6 names prior to this one that didn't respond to the prompt.

Past Participants:

@squishna, @silver-edge, @henruc, @tourack, @cpol, @amaillo, @technocrypton, @odin-7, @eman13088, @eii, @relf87, @dubble, @greeneyedwitch, @myothuzar, @mxm0unite, @jdike, @imfarhad, @tjnanda, @rondonshneezy, @irisworld, @davideownzall, @marleyroots, @hoosie, @stekene, @failingforward, @redeculous, @javivisan, @zaver, @amaari, @indiebandguru, @almightygrim, @tub3r0, @blipsandchitz, @epthal, @sp3ktraline, @z3ll, @cryptomajika, @luizeba, @yeckingo1, @arkasz, @bigbarger, @d3lphinus, @tinyputerboy, @hoonlord, @alexmag1988, @abyssalsoul, @lipe100dedos, @silentwill, @sideswipe81, @oliviander, @hkinuvaime, @powermeat, @subidu, @smokrthou, @kursen, @jpleron, @zerold, @kaanskryptos, @ecto1337, @beelmukjj, @hatke, @kramlyn12, @onefapman, @agaprime, @kojiri, @thegoliath, @theacks, @tokutaro22, @jfang003, @brojustaverage, @umaboy, @xykorlz, @edskymiguel, @middle-earthling, @noctury, @urkanon, @kqaosphreak, @bokica80, @spryquasar, @diegordo112, @fire-born, @misterabaddon, @mechababy, @daethical, @yinmir, @jellyandbeeans, @adrianus, @irregular-n, @agitator33, @wokeenochian, @packagedmilk, @caimanx

Please let me know via a tag in the comments if you would no longer like to be notified of future giveaways.

Congrats to the winner!

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