The president of Russia, Vladimir Putin approved a law that makes cryptocurrency payments not legal in the country. According to the statement, the Ruble is the only accepted monetary unit in Russia. The new law defines that digital assets and rights aren’t accepted as monetary surrogates any...
Today, a journalist at Beijing political magazine Caijing, Yan Qinwen Zhang Yingxin reported that China is considering ways to convict and sentence crypto activities by law. While currently there is no legal framework providing this option, the country plans to establish a judiciary system for...
The Republic of Cuba plans to legalize and regulate Bitcoin and other cryptocurrencies. On August 26, the country's states-issued news provider "Gaceta Official" announced Resolution 215. According to it, Cuba's Central Bank will establish new laws related to crypto. To advertise crypto,...
The US Senate is discussing a crypto provision put forward by Rob Portman, Mark Warner and Kyrsten Sinema. That suggests increasing requirements for crypto brokerage reports to the IRS and filing for transactions on certain kinds of digital assets. The provision was narrowed down later, however,...
Iranian authorities announced their readiness to pay for information on illegal activities in the extraction of cryptocurrencies, and also spoke about new rules for calculating electricity prices for miners. It is reported by Press TV. The fee for identifying miners using subsidized electricity...
The US Securities and Exchange Commission is increasingly seeing "flagrant violations" of law by cryptocurrency market participants. This was stated by the head of the department Jay Clayton, reports Bloomberg Law. Speaking at a financial technology conference in Washington, Clayton said...
On Monday, October 7, a meeting was held on the regulation of the crypto and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it....
The Financial Conduct Authority of Great Britain (FCA) has published the final version of the cryptocurrency assets manual, indicating which of them fall under its jurisdiction. Most of the published rules were submitted in January of this year, and, as expected, the final wording does not contain...
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