Blockchain : What do you think about Russian Police’s illegal research and seizure of Bitcoin ATMS?
Up until Friday, August 31, BBFpro was contentedly operating a modest Bitcoin ATM service throughout Russia. Then, without warning or explanation, all 22 ATMs were confiscated with any prior notice or warning.
Sarkis Dalbinyan, a lawyer for the Russian digital assets center, said:
“There is no prohibition on the purchase of cryptocurrency in the current legislation, and BBFpro complies with all the requirements of the law, tax payment, and even does a lot of user identification without mandatory requirements.”
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[https://bitcoinist.com/russia-police-seize-22-bitcoin-atms/](https://bitcoinist.com/russia-police-seize-22-bitcoin-atms/)
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
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