Russian Bill Requires Deputies to Declare Their Cryptocurrency Investments

Russian Bill Requires Officials to Declare Their Cryptocurrency InvestmentsThe bill for the regulation of cryptocurrencies in Russia submitted by the finance ministry and the central bank requires State Duma deputies to declare their cryptocurrency investments. Currently, government officials are not required to declare their crypto holdings, according to a recent announcement by the Russian Ministry of Labor. Also read: Cryptocurrency Activities Will Be […]

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Bill Introduced to Make South Korean Officials Declare Their Crypto Investments

Bill Introduced to Make South Korean Officials Declare Their Cryptocurrency InvestmentsA bill has been introduced in South Korea to require public officials to declare their investments in cryptocurrencies including bitcoin. This initiative follows the recent controversies within the government regarding cryptocurrency regulations, including insider trading and market manipulation. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Bills for […]

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South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges

South Korean Regulator: It Is Impossible in Reality to Close Cryptocurrency ExchangesThe South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto […]

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Vermont Senator Proposes Digital Currency Tax Legislation

Vermont Senator Proposes Digital Currency Tax LegislationEarlier this week Senator Alison Clarkson (D) from Vermont has proposed legislation that outlines a use case for government-based cryptocurrency solutions for the green mountain state. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed   Latest Vermont Bill Discusses State Entities Utilizing Emerging Technology, While Digital Currency LLCs Could Pay Taxes In Crypto   The Windsor […]

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Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex

A prominent Twitter-based critic of Bitfinex, AB33, has announced his intention to initiate a class-action lawsuit against Ifinex – a BVI based company of which Bitfinex has previously asserted it is owned and operated by. The announcement of AB33’s desire to seek litigation against the company came shortly after the surfacing of documents revealing that […]

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