Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells PutinRosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of the Russian Federation, […]

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President of Panama shoots down crypto bill citing FATF guidelines

Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government.

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Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator ClaimsAuthorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help Belarus Government With Crypto Seizure Belarus had to deal with the challenge of how […]

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Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says

Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde SaysPresident of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency Is ‘Worth Nothing,’ ECB Governor Claims The head of the eurozone’s […]

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Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia

Putin Orders Election Candidates to Report Crypto Holdings Outside RussiaPresident Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials to Reveal Crypto Asset Purchases in Foreign Countries Candidates for government offices in Russia […]

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Russian Law Requires Election Candidates to Disclose Their Crypto Assets

Russian Law Requires Election Candidates to Disclose Their Crypto AssetsThe Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and apply to presidential and parliamentary candidates as well as government officials. Russian Politicians to Declare Their Cryptocurrency Funds Before Elections Members of the State Duma, […]

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President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’

President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing Russian invasion. Law Regulating Cryptocurrencies Approved by Ukraine President Zelenskyy Ukrainian President […]

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Ukrainian Parliament Adopts Amended Virtual Assets Law

Ukrainian Parliament Adopts Amended Virtual Assets LawUkrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto economy. The bill, which was first passed last year, was later returned to the legislature by President Volodymyr Zelensky who requested some changes. Majority of Ukrainian Deputies Back Law ‘On Virtual Assets’ Verkhovna Rada, Ukraine’s parliament, has adopted new legislation […]

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President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus

President Lukashenko Signs Decree to Create Crypto Wallet Register in BelarusPresident Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims to Prevent Use of Crypto Wallets in Criminal Activities Belarusian President Alexander Lukashenko has signed […]

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Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

Kazakhstan President Orders Government to Find All Miners and Raise Tax by AprilPresident of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages […]

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