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3232Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
https://www.digit.info/russian-prime-minister-economy-ministry-support-legalization-of-cryptocurrencies/
Sun, 27 Mar 2022 07:49:49 +0000https://www.digit.info/2022/03/27/russian-prime-minister-economy-ministry-support-legalization-of-cryptocurrencies/Read more]]>Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global finances. Finance Ministry’s Push to Legalize Russian Crypto Space Gains Traction Russian authorities are […]
]]>Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto Payments
https://www.digit.info/ministries-queried-about-missing-200000-bitcoins-as-bulgaria-explores-crypto-payments/
Fri, 28 Jan 2022 13:30:29 +0000https://www.digit.info/2022/01/28/ministries-queried-about-missing-200000-bitcoins-as-bulgaria-explores-crypto-payments/Read more]]>The recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed that authorities in Sofia are now exploring options to implement a crypto payment […]
]]>Onecoin Victims Petition Bulgaria for Seizure of Assets and Compensation
https://www.digit.info/onecoin-victims-petition-bulgaria-for-seizure-of-assets-and-compensation/
Fri, 19 Nov 2021 18:30:00 +0000https://www.digit.info/2021/11/19/onecoin-victims-petition-bulgaria-for-seizure-of-assets-and-compensation/Read more]]>A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional Ombudsman, Jonathan Levy accuses officials in Sofia of failing to provide justice to the […]
]]>Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs
https://www.digit.info/russian-officials-back-idea-of-recognizing-crypto-miners-as-entrepreneurs/
Wed, 10 Nov 2021 11:30:07 +0000https://www.digit.info/2021/11/10/russian-officials-back-idea-of-recognizing-crypto-miners-as-entrepreneurs/Read more]]>Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the […]
]]>Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
https://www.digit.info/russian-oil-companies-propose-to-mine-cryptocurrencies-at-their-wells/
Fri, 22 Oct 2021 06:30:28 +0000https://www.digit.info/2021/10/22/russian-oil-companies-propose-to-mine-cryptocurrencies-at-their-wells/Read more]]>Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise be wasted. Ministries and Central Bank Review […]