Israel’s chief economist lays out recommendations for crypto regulation

The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry.

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Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say

Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts SayThe changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors are halting the advance of the necessary legislation. Two Draft Laws on Mining Await Approval by the Russian […]

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Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates

Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official IndicatesA high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space. Russia […]

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Former Finance Secretary Doubts Indian Government Understands Crypto

Former Finance Secretary Doubts Indian Government Understands CryptoThe Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed the inter-ministerial committee that drafted the original crypto bill […]

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Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India

Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of IndiaEver since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It Indian crypto […]

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Vietnam Plans to Regulate Digital Currencies After Commissioning a Crypto Research Group

Vietnam Plans to Regulate Cryptocurrencies After Commissioning Research GroupVietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users According to ASEAN Briefing, the ministry seeks to gather enough data to clearly see […]

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As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016

As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016Finland’s customs officials have revealed plans to sell 1,981 bitcoins that were seized mainly in connection with drug trafficking-related criminal investigations. The majority of the confiscated bitcoins (1,666) are from the Douppikauppa case, the darknet operator who was arrested in 2016. To Sell or to Destroy the Coins According to a report by one Finnish […]

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Indian Government Breaks Silence on Crypto Regulation

The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation has already been submitted by the interministerial committee tasked with drafting the […]

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11 Cryptocurrency Initiatives Indian Government Has Taken

11 Cryptocurrency Initiatives Indian Government Has TakenThe Indian government has engaged in numerous crypto-related initiatives and projects while actively drafting the regulatory framework for cryptocurrencies. Below are 11 crypto-specific initiatives that the government has been involved in. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Committee to Draft Crypto Law An interministerial committee under the chairmanship of Subhash […]

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India Progressing on Crypto Regulation Amid Ban Rumor

India Progressing on Crypto Regulation Amid Ban RumorThe Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Ministry of […]

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