Russian Authorities Criticized over Proposed Crypto Regulation

Russian Authorities Criticized over Proposed Crypto RegulationCriticism aimed at authorities and the new legislation on “digital financial assets” is mounting in Russia. Local officials have rebuked lawmakers in the capital over slow progress, warning that the country will have to catch up with others. Experts from the crypto sector have expressed concerns about many unresolved issues in the proposed legal framework. […]

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Ukraine’s Cyberpolice Supports Legalization of Cryptocurrencies

Ukraine’s Cyberpolice Supports Legalization of CryptocurrenciesThe cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies.   Also read: Russia’s […]

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Bill Submitted to Make Cryptoruble Legal Tender in Russia

Bill Submitted to Make Cryptoruble Legal Tender in RussiaA bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender in Russia. This bill was introduced as the finance ministry published a different bill for the regulation of cryptocurrencies and initial coin offerings in Russia. Also read: Russia Finalizes Federal Law on Cryptocurrency Regulation Cryptoruble as Legal Tender […]

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Venezuela’s Oil-Backed Cryptocurrency Declared Illegal

Venezuela's Oil-Backed Cryptocurrency Declared IllegalThe Venezuelan parliament has declared the oil-backed cryptocurrency created by President Nicolas Maduro illegal and in violation of the country’s Constitution. Maduro’s decree to create the national cryptocurrency, the petro, has been declared null and void. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Venezuelan Parliament Declared […]

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