Russia Prepares to Create Government-Controlled Crypto Exchange

Russia Prepares to Create Government-Controlled Crypto ExchangeLawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of the participants in these efforts. Legislators Want Russia to Have Its Own […]

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New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil FuelsA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have consequences for […]

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New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations

New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation RegulationsA special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of various crypto activities and adjustments to the applicable legislation. Advisory Board to Take On Matters Related to Cryptocurrency Taxation in Ukraine The National Securities […]

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Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

Russia, Russian, crypto, cryptocurrency, cryptocurrencies, crypto mining, mining, law, draft law, bill, legislation, legalization, regulation, exchange, services, advertising, proposals, provisions, amendments, changesRussian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services. New Attempt to Legalize Cryptocurrency Mining in Russia After months of deliberations, efforts continue in […]

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