cases – DIGIT INFO

Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court

DIGIT — Sat, 01 Apr 2023 21:30:08 +0000

Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court Considers Crypto Gains Taxable Under Current Law Profits […]

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At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region

DIGIT — Tue, 14 Feb 2023 05:45:02 +0000

Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto Miners Sued in Irkutsk for Extracting Digital […]

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Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

DIGIT — Thu, 30 Jun 2022 11:30:56 +0000

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of the Russian Federation, […]

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Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

DIGIT — Sun, 12 Jun 2022 06:30:22 +0000

Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well. Criminal Cases Involving Cryptocurrency in Russia Near 1,000 in 2021 Lawsuits related to cryptocurrency, […]

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Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power

DIGIT — Thu, 27 Jan 2022 07:00:10 +0000

The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity. Power Utility Takes Crypto Miners to Court […]

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Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates

DIGIT — Sun, 12 Dec 2021 13:30:43 +0000

A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases. Power Utility Goes After Crypto Miners Using Subsidized Electricity to Mint Digital Coins Irkutskenergosbyt, a power […]

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Russia’s Constitutional Court Expects to Face Crypto-Related Cases

DIGIT — Sat, 30 Oct 2021 12:49:57 +0000

The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional […]

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Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

DIGIT — Wed, 04 Aug 2021 22:30:21 +0000

China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities attributing the rise to the popularity of crypto investments. Chinese Crime-Related Crypto Transactions […]

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6 Crypto Websites Blocked by Russia’s Media Watchdog, Including Major News Outlet

DIGIT — Mon, 09 Mar 2020 03:30:02 +0000

In what seems to be another episode in a long-running campaign, the Russian telecom regulator has restricted access to at least six websites posting content related to cryptocurrencies. Тhe forum section of Bits.media, a leading crypto news outlet, is among the internet pages that have been blacklisted this month. Also read: Russians Can Use Qiwi, […]

The post 6 Crypto Websites Blocked by Russia’s Media Watchdog, Including Major News Outlet appeared first on Bitcoin News.

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Arbitrators to Resolve Disputes in the Russian Cryptocurrency Industry

DIGIT — Thu, 01 Nov 2018 10:30:07 +0000

A leading industry organization in Russia has decided to establish an arbitration body to look into disputes within the digital economy, including matters related to cryptocurrency transactions, as well as rights and responsibilities in token sales and the implementation of smart contracts. Also read: Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years Industry Organization […]

The post Arbitrators to Resolve Disputes in the Russian Cryptocurrency Industry appeared first on Bitcoin News.

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