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The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access to Crypto Data for Anti-Corruption Checks in Russia Russia’s main law enforcement agency, … Read more
The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga … Read more
The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional … Read more
Officials from India’s Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February. Go to Source Powered by WPeMatico
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations … Read more
Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it. Go to Source Powered by WPeMatico
As legislation threatens to allow centralization to creep into the DeFi space, regulation could have complex effects on the adoption. Go to Source Powered by WPeMatico
Slovenia’s crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies. Go to Source Powered by WPeMatico
The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. Go to Source Powered by WPeMatico
The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry. Go to Source Powered by WPeMatico
