Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

Russian Crypto Industry Queries Government About Proposed Criminal Liability for MinersThe organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in […]

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Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ MinersThe draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption of Russian Crypto Mining Legislation Postponed Again A bill […]

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Argentine Digital Peso Proposal: Eliminate Tax Evasion by Digitizing the Full Fiat Currency Supply

Argentine pesoA proposal to eliminate the physical representation of the Argentine Peso, in order to streamline specific state processes and reduce tax evasion, has been presented by former banker Carlos Maria De Los Santos. The plan, identified as “Argentine Digital Peso,” also predicts that its implementation would lead to lower taxes and bring a surplus to […]

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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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