Lithuanian Government Approves Stricter Crypto Regulations

Lithuanian Government Approves Stricter Crypto RegulationsThe government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war in Ukraine. Lithuanian Authorities to Tighten Rules for Crypto Industry Lithuania is preparing to revise […]

Go to Source

Powered by WPeMatico

Japan Adopts Legislation Establishing Legal Framework for Stablecoins

Japan Adopts Legislation Establishing Legal Framework for StablecoinsThe parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a […]

Go to Source

Powered by WPeMatico

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto PaymentsThe bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank […]

Go to Source

Powered by WPeMatico