Proposals – DIGIT INFO

Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading

DIGIT — Tue, 28 Feb 2023 23:30:46 +0000

Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted. TASE Exchange Moves to Regulate Cryptocurrency Trading […]

Go to Source

Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH

DIGIT — Wed, 15 Feb 2023 02:27:31 +0000

While LidoDAO’s current inflows of about 1000 stETH are sufficient to cover operating costs for the time being, it’s worried that may not last.

Go to Source

Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

DIGIT — Sat, 04 Feb 2023 10:00:29 +0000

Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority, […]

Go to Source

Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation

DIGIT — Wed, 01 Feb 2023 22:00:13 +0000

The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to Regulate Crypto Market, Remains Committed […]

Go to Source

Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

DIGIT — Wed, 11 Jan 2023 08:30:56 +0000

The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank to Propose Platforms for Digital Currency Payments in Foreign Trade Moving forward with […]

Go to Source

Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

DIGIT — Sat, 19 Nov 2022 11:00:27 +0000

Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services. New Attempt to Legalize Cryptocurrency Mining in Russia After months of deliberations, efforts continue in […]

Go to Source

Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto

DIGIT — Sun, 13 Nov 2022 21:00:24 +0000

The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russia’s Central Bank Takes Legislative Initiative in […]

Go to Source

Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

DIGIT — Fri, 10 Jun 2022 14:30:17 +0000

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion […]

Go to Source

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

DIGIT — Thu, 26 May 2022 20:30:24 +0000

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the […]

Go to Source

Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing

DIGIT — Thu, 28 Apr 2022 12:50:08 +0000

Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement Agencies Russia’s Ministry of Finance […]

Go to Source