Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank
No hint of incoming crypto regulatory efforts from European space, ECB chief supervisor says. #NEWS Go to Source Powered by WPeMatico
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No Strong Case to Ban Crypto Trading, Singapore Says
The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the region has increased pressure on authorities in the city-state to clarify their stance on bitcoin, as more crypto companies in … Read more
General Manager of BIS Wants To Prevent Crypto From Joining ‘Main Financial System’
Head of BIS calls crypto a “threat to financial stability” and urges central banks to crack down on it. #NEWS Go to Source Powered by WPeMatico
Russia Urges 4 Other Countries to Develop Common Approach to Cryptocurrencies
The Russian Prime Minister Dmitry Medvedev has asked the leaders of the Eurasian Economic Union countries to jointly develop a common approach to cryptocurrencies. Both the Russian central bank and the prime minister believe that cryptocurrencies should not be restricted to one nation’s framework. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more
Bank of Russia Allows Crypto Mining But Proposes Miners Sell Their Coins Overseas
The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows … Read more
European Central Bank ‘Expects’ Crypto Regulation Focus At G20 In March
Crypto regulation will likely feature at the G20 Summit according to the European Central Bank. #NEWS Go to Source Powered by WPeMatico
Russia Finalizes Federal Law on Cryptocurrency Regulation
The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The … Read more
Russia’s Ministry of Finance Legalizes Cryptocurrency Trading, Central Bank Disagrees
Russian cryptocurrency bill is in its final stages and published on Minfin website. #NEWS Go to Source Powered by WPeMatico
57 Ukrainian Officials Declared Over 21,000 Bitcoins
A study of Ukrainian officials’ asset declarations reveals that 57 officials have declared over 21,000 bitcoins with the majority of cryptocurrency holders in the Odessa regional council and the country’s Parliament. A second study shows that in 2017 the largest amount of cryptocurrency declared by a Ukrainian official was in bitcoin cash. Also read: Three … Read more
Nordea Bank Forbids Workers From Owning Bitcoin: Denmark Unions Threaten Legal Action
Danish unions have vowed to fight Nordea’s Bitcoin ban if the bank uses it as grounds to fire employees. #NEWS Go to Source Powered by WPeMatico