Illegal Crypto Mining is Booming in the Republic of Abkhazia
The republic still allows the import of crypto mining rigs despite the ban. Go to Source Powered by WPeMatico
Regulation
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New Ruling Classifying Bitcoin as ‘Money’ Isn’t Anything Special
A D.C. court ruled that Bitcoin is money during a recent legal case, although the classification in this context already exists under legal expectations in much of the country. Go to Source Powered by WPeMatico
Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury
Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury. Go to Source Powered by WPeMatico
Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto
Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. Go to Source Powered by WPeMatico
Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold. Go to Source Powered by WPeMatico
Scratch ‘Blockchain Island,’ Malta Now Wants to Become a Digital Enclave
Malta is taking a more holistic approach to its digital economy, combining blockchain with other “niche sectors.” Go to Source Powered by WPeMatico
Indian PM Backs Blockchain as ‘Frontier Technology’
Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity. Go to Source Powered by WPeMatico
South Korean Police Investigate Who Leaked the Crypto Tax Bill
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced. Go to Source Powered by WPeMatico
New Russian Law Bans Bitcoin Payments for Goods and Services
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing from senior lawmkers like Anatoly … Read more
“There’s a Bitcoiner In the Hen House,” Pomp Says Regarding Crypto Bank Regulation
Anthony Pompliano, often referred to as Pomp, weighed in on a recent regulatory update, helped in part by a crypto industry player. Go to Source Powered by WPeMatico
