Russian tax authority proposes using crypto as a foreign trade payment tool
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Russia to include crypto into its tax code: Here is what the rules might look like
Amendments to the tax code have passed the first round of parliamentary consideration in February. Go to Source Powered by WPeMatico
Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information. Go to Source Powered by WPeMatico
Indian minister wants global crypto rules to curtail money laundering risk
India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years. Go to Source Powered by WPeMatico
Law Decoded: Paris is always a good idea, even for talking crypto policy — April 11–18
Ripple rejoices, the SEC gets challenged to a narrative battle and Brazil moves ahead with crypto legislation. Go to Source Powered by WPeMatico
Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time. Go to Source Powered by WPeMatico
Texas regulators order virtual casino to stop selling NFTs
The State Security Board considers the sale of 11,111 NFTs a “high-tech fraudulent securities offering.” Go to Source Powered by WPeMatico
MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’
In an interview with Cointelegraph, the German politician explains why some forces in the European Parliament have suddenly come out in favor of a Bitcoin ban. Go to Source Powered by WPeMatico
Brazilian Senate announces incoming approval of the ‘Bitcoin law’
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market. Go to Source Powered by WPeMatico
Law Decoded: Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11
The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval. Go to Source Powered by WPeMatico
