Russian Ministry Offers to Set Up Crypto Exchange for Miners

Russian Ministry Offers to Set Up Crypto Exchange for MinersRussia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions […]

The post Russian Ministry Offers to Set Up Crypto Exchange for Miners appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in RussiaThe Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy […]

The post Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Court Strikes Down Ban on 40 Bitcoin Sites in Russia

Court Strikes Down Ban on 40 Bitcoin Sites in RussiaSaint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying and […]

The post Court Strikes Down Ban on 40 Bitcoin Sites in Russia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards

35 Countries, EU and FATF Agree to Revise Global Cryptocurrency StandardsThirty-five countries and the European Commission have asked the Financial Action Task Force (FATF), responsible for setting global anti-money laundering (AML) policies, to revise its standards relating to cryptocurrencies. The organization promised to present its revised AML countermeasures for cryptocurrencies at the upcoming G20 meeting of finance ministers. Also read: Indians Look to Buy Bitcoin Overseas […]

The post 35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Poland Refutes Reports of Its Interest in Venezuela’s Oil-Backed Cryptocurrency

Poland Refutes Reports of Its Interest in Venezuela's Oil-Backed CryptocurrencyPoland’s Ministry of Finance has refuted reports that it is interested in the petro, the Venezuelan ”oil-backed” currency. Earlier this month, Venezuela reportedly claimed that a handful of countries have expressed interest in receiving the petro for commerce with Venezuela such as Norway, Denmark, Brazil, Vietnam, Poland, and others. Also read: Indians Look to Buy Bitcoin […]

The post Poland Refutes Reports of Its Interest in Venezuela’s Oil-Backed Cryptocurrency appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico