Bitcoin at the barricades: Ottawa, Ukraine and beyond
If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Go to Source Powered by WPeMatico
Government
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Russian finance ministry opens public comment period for the crypto bill
The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18. Go to Source Powered by WPeMatico
Biden expected to issue executive order on crypto and CBDCs next week: Report
Both President Barack Obama and the previous administration issued executive orders related to digital assets. Go to Source Powered by WPeMatico
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto regulation but the treasury intends to submit draft legislation despite their differences. Disagreements on Future of … Read more
India’s crypto tax provides little legal clarity for traders and exchanges
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility. Go to Source Powered by WPeMatico
Colorado governor says he expects state to accept tax payments in crypto by summer
The governor added that paying taxes in crypto was likely just the first step, with using digital asset payments for certain licenses to follow “within a few months.” Go to Source Powered by WPeMatico
Concerns over Fed nominee may stop Senate from confirming Biden’s picks: report
Republicans are reportedly calling for a boycott of voting on nominees to the Federal Reserve related to allegations Sarah Bloom Raskin lobbied the president of the Kansas City Fed on behalf of fintech firm Reserve Trust. Go to Source Powered by WPeMatico
US lawmaker introduces bill for government-backed insurance of ‘qualified’ stablecoins
“For cryptocurrency to grow and thrive here in the United States, instead of overseas, we must provide more direction and certainty to the marketplace to help boost innovation and protect consumers,” said Josh Gottheimer. Go to Source Powered by WPeMatico
Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban
The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption. Go to Source Powered by WPeMatico
Belarus president signs decree to support free circulation of crypto
The decree provides a legal basis for Belarus Hi-Tech Park to set up a register of crypto wallets used in illegal activities. Go to Source Powered by WPeMatico