Russian Ministry wants to legalize Bitcoin mining in specific areas
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits. Go to Source Powered by WPeMatico
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Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation. Go to Source Powered by WPeMatico
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
The penalty comes after months of heightened regulatory attention to crypto lending platforms. Go to Source Powered by WPeMatico
Sanctions and trade: Iran aims to develop a central bank digital currency
While the central bank announced its intention to launch a CBDC, exact details are still scarce. Go to Source Powered by WPeMatico
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed. Russian Central Bank, Finance Ministry Agree to … Read more
New Hampshire Governor issues executive order establishing commission to study crypto
The commission will have until Aug. 8 to submit a report including a “review and investigation regarding the current status of the cryptocurrency and digital asset industry” as well as on applicable laws in the U.S. and abroad. Go to Source Powered by WPeMatico
Canadian MP introduces bill aimed at encouraging growth in crypto sector
“To be a world leader, Canada needs to make sure cryptoasset experts and investors are telling us what policy they need or what policy they don’t need,” said Michelle Rempel Garner. Go to Source Powered by WPeMatico
Tennessee lawmaker introduces bill which would allow state to invest in crypto
The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain. Go to Source Powered by WPeMatico
Coinbase forms a second PAC to support crypto-friendly candidates
The exchange registered its first PAC in July 2018 but closed it the following year after reporting it had received no funds or made any disbursements. Go to Source Powered by WPeMatico
Bringing crypto market ‘into the light’ doesn’t address enforcement: CFTC chair
“Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood,” said Rostin Behnam. Go to Source Powered by WPeMatico