Law – Page 68 – DIGIT INFO

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms Issuing and Trading Digital Currencies Outside Law Persons […]

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Former Chancellor says UK is falling behind on crypto opportunity

The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading.

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Canadian regulator takes enforcement actions against Bybit and Kucoin

“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC.

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Colombia’s new president seems to be a fan of Bitcoin

“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regards to mining crypto in Colombia.

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Chinese court invalidates 2019 car sale made using now worthless crypto token

It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place.

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Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency […]