declaration – DIGIT INFO

BRICS Leaders Push for Local Currency Network, Diminishing US Dollar Role

DIGIT — Sun, 27 Oct 2024 03:46:19 +0000

BRICS leaders have declared their commitment to a local currency payment network designed to revolutionize cross-border transactions and reduce reliance on the U.S. dollar. BRICS Leaders Commit to a Groundbreaking Local Currency Payment Network At the 16th BRICS Summit in Kazan, Russia, BRICS leaders underscored their commitment to advancing a more integrated financial system across […]

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Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

DIGIT — Sun, 12 Mar 2023 08:30:46 +0000

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced Labor Awaits Miners and Traders Who Operate Outside Law, […]

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Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares

DIGIT — Sun, 14 Nov 2021 22:10:05 +0000

A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials Declare Crypto Assets, Fail to Provide Proof […]

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Ukraine Officials Fail to Account for Millions in Declared Crypto Assets

DIGIT — Sun, 19 Sep 2021 11:30:36 +0000

Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses Over 40 BTC With Stolen Vehicle in Ukraine Dmitry Gurin, a member of […]

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Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin

DIGIT — Sat, 10 Apr 2021 08:00:00 +0000

The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000 BTC According to the Opendatabot site, officials currently hold a total of […]

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Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament

DIGIT — Mon, 22 Feb 2021 08:30:28 +0000

Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia Russia’s State Duma, the lower house of Parliament, adopted a bill that recognizes cryptocurrencies as […]

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FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges

DIGIT — Fri, 01 Jan 2021 20:30:07 +0000

The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN recently proposed on cryptocurrency wallets. FinCEN’s New Crypto Rules FinCEN, a bureau of the U.S. Department of the Treasury, issued a notice on Thursday regarding a […]

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John Perry Barlow: A Declaration of the Independence of Cyberspace

DIGIT — Sat, 04 Jul 2020 13:45:42 +0000

Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather. We have no elected government, nor […]

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G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments

DIGIT — Mon, 01 Jul 2019 09:35:01 +0000

The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read: V20 Summit Concludes With Promises for Crypto Industry G20 […]

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57 Ukrainian Officials Declared Over 21,000 Bitcoins

DIGIT — Thu, 25 Jan 2018 18:45:03 +0000

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 […]

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