Adviser to President of Russia Proposes Digital Currency in Crimea
An adviser to the president of Russia has proposed to adopt a digital currency in Crimea to attract investors and avoid sanctions Go to Source Powered by WPeMatico
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5 Major Indian Laws That Apply to Cryptocurrency
India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. News.Bitcoin.com talked to one of the authors of the report to uncover more details. Meanwhile, the Indian government is currently finalizing regulations specific to crypto assets. Also read: Indian Supreme Court Postpones Crypto Case … Read more
Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs
The Bank of Russia outlined potential benefits and drawbacks of central bank digital currencies in a recent report Go to Source Powered by WPeMatico
RBI Excludes Cryptocurrency From Indian Regulatory Sandbox
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request RBI Welcomes Blockchain Tech The … Read more
G20 Prepares to Regulate Crypto Assets – a Look at Current Policies
Following their joint declaration committing to regulate crypto assets, the G20 countries are now preparing to set crypto policies at the upcoming summit. Several international organizations have contributed resources and are actively working to help shape the regulations. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request G20 Prepares to Discuss Crypto Policies … Read more
Algorand Expands Testnet Platform to Public Ahead of June Mainnet Release
Algorand, the brainchild of MIT professor Silvio Micali, has taken its testnet to a wider audience before its mainnet move in June Go to Source Powered by WPeMatico
France Adopts New Cryptocurrency Regulation
The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Pacte … Read more
Bitcoiners’ Seastead in Deep Trouble With Thai Government
A seastead launched by an early bitcoin adopter off the coast of Thailand has run into trouble with local government. The Thai Navy boarded the structure Saturday, claiming it violates criminal law, which is punishable by death or life imprisonment. The owner claims that his floating home is located outside of Thailand’s maritime boundaries. Also … Read more
How the EU and 5 European Nations Regulate Cryptocurrency
Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators. Also read: Indian Supreme Court Postpones … Read more
New York Orders Bittrex to Cease Operations but Approves Bitstamp
New York State’s financial regulator has ordered Bittrex to cease operating in the state after rejecting its application for a Bitlicense. Multiple deficiencies were cited, some of which Bittrex immediately disputed. Meanwhile, Bitstamp has been green-lighted to offer the trading of five cryptocurrencies in the state. Also read: Indian Supreme Court Postpones Crypto Case at … Read more