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A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not Ban Bitcoin Mining The parliament of Norway has considered … Read more
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced. Central Bank of Georgia Talks Crypto Regulation With Market Players The National … Read more
The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency. Go to Source Powered by WPeMatico
The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors. Go to Source Powered by WPeMatico
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers to Review Legislation Enforcing Rules for Crypto Mining Sector The draft … Read more
The measure comes along with a proposed ban on advertising of non-licensed crypto services. Go to Source Powered by WPeMatico
The U.S. affiliate of the world’s largest crypto exchange says it’s time for its own voice, and major lobbyist Blockchain Association wished them well. Go to Source Powered by WPeMatico
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the war in Ukraine. Ireland to Limit Foreign Political Support for … Read more
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian Deputies to Review Law on Crypto-Related Taxation The federal government of … Read more
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market. Go to Source Powered by WPeMatico