Russian Ministry Offers to Set Up Crypto Exchange for Miners

Russian Ministry Offers to Set Up Crypto Exchange for MinersRussia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions […]

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Vietnam Expedites Cryptocurrency Legal Framework – Ready End of January

Vietnam Expedites Cryptocurrency Legal Framework – Ready End of JanuaryThe government of Vietnam has taken steps to accelerate the adoption of cryptocurrency regulation that will affect Bitcoin. The executive power in Hanoi has insisted that the framework should be ready by the end of January. Amendments to the tax code are expected to help tap into proceeds from “virtual property and digital money”. Also […]

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Korean Lawyers Take Government to Court over Crypto Regulation

Korean Lawyers Take Government to Court over Crypto RegulationA law firm from Seoul has decided to address arbitrary measures taken by authorities to regulate cryptocurrency trade. Korean lawyers have filed an appeal accusing their government of “unconstitutional” infringement on property rights. Newly imposed rules are devaluing virtual currencies, they say. Also read: Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017 […]

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France Seeks Crypto Regulation Debate at G20 Summit

TheMerkle_UK Regulation BlockchainThe last few months have been filled with statements from financial regulators warning about the potential risks associated with trading and investing in cryptocurrency. Now, according to recent reports, the French Finance Minister believes that regulation of digital currencies is required at the level of the G20. Le Maire to submit proposal to future G20 President According to Reuters, Bruno Le Maire wishes to discuss efforts to regulate bitcoin and other digital currencies at the next G20 summit, which will take place in April 2018: I am going to propose to the next G20 president, Argentina, that at the G20 summit in April we

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