Russia’s Federal Financial Monitoring Service has revealed that it will regulate cryptocurrency-related transactions in the country, with a senior official saying that the agency will also oversee the broader cryptocurrency industry, in accordance with recommendations issued by the Financial Action Task Force (FATF). Also read: Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years Rosfinmonitoring […]
The post Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry appeared first on Bitcoin News.
Powered by WPeMatico
]]>
A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029. Also read: Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill New […]
The post Bill Proposes Tax Holiday for Cryptocurrency Businesses in Ukraine appeared first on Bitcoin News.
Powered by WPeMatico
]]>
From Washington to Moscow, cryptocurrencies have entered the agenda of those who share a vocation to rule and regulate. Following the congressional summer vacation, the House of Representatives passed a bill that will enable the Treasury to investigate crypto transactions, while a Congressman plans to introduce three drafts supporting the crypto industry. Also in The […]
The post The Daily: New Crypto Bills on Capitol Hill, Russian Banks Face Demand for Cryptocurrencies appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Draft laws employing alternative approaches to regulating digital currencies have been introduced in Ukraine and Russia. In Kiev, a bill that classifies cryptocurrency as an asset, unit of exchange and store of value has been filed in the Rada and it’s supported by both deputies and representatives of the industry. In Moscow, the managers of […]
The post Alternative Crypto Bills Presented in Ukraine and Russia appeared first on Bitcoin News.
Powered by WPeMatico
]]>
August is not the best period for important decisions but it seems a good time to sketch plans for the second active half of the year. Authorities in several countries have shared their intentions regarding the regulation and oversight of the crypto space. The club of crypto-friendly jurisdictions may accept new members this fall. Others […]
The post Regulations Roundup: This Fall May Bring More Crypto-Friendly Jurisdictions appeared first on Bitcoin News.
Powered by WPeMatico
]]>
In Saturday’s Bitcoin in Brief, we cover some of the new expansion plans of leading cryptocurrency trading platforms. Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, […]
The post The Daily: Swiss Crypto Vault, Huobi Opens in London, Malta Approves Crypto Bills appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Ukrainian crypto businesses have created 25 digital coins in 2017 and 2018, raising more than $132 million through token sales, according to a new report. Cryptocurrencies are gaining popularity in the country, where the daily trading volume now reaches $1.9 million USD. The growing number of crypto users served by local exchanges has prompted calls […]
The post Ukrainian Companies Mint 25 Coins, Raise $132 Million appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they […]
The post Russian Duma Adopts Three Crypto Bills on First Reading appeared first on Bitcoin News.
Powered by WPeMatico
]]>
The Russian Ministry of Justice has taken side in what looks like a lively debate about the status of cryptocurrencies that are still unregulated in the country. A bankruptcy case involving a modest amount of bitcoin has sparked discussions in Russian legal circles. Some say a crypto is nothing more than “a set of characters.” […]
The post Cryptocurrency is Property in Russia, Justice Minister Confirms appeared first on Bitcoin News.
Powered by WPeMatico
]]>
A conference dedicated to raising awareness among women about cryptocurrencies is scheduled to take place in the Russian capital this month. The speakers at the event, also women, will share practical information on cryptos, blockchain technologies, and investment opportunities. The event will be live-streamed in 74 countries. Also read: Cryptocurrency Is the Main Income for […]
The post Crypto Conference for Women to Be Held in Moscow appeared first on Bitcoin News.
Powered by WPeMatico
]]>