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Ukrainian Law May Separate Mining from Cryptocurrencies

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Ukrainian legislators should separate the regulation of crypto mining from the legal status of cryptocurrencies. The new approach was proposed by the chairman of an important parliamentary committee who criticized law enforcement agencies for cracking down on crypto miners. Police confiscated mining equipment in a series of raids this week. Authorities claim that coins have … Read more

Kazakhstan, Kyrgyzstan, and Uzbekistan on the Crypto Radar

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Several Central Asian countries have taken steps to embrace cryptos one way or another. Kazakhstan, Kyrgyzstan, and Uzbekistan are some of the less conspicuous former Soviet republics, but now they are starting to appear on the crypto radar. With certain inherent advantages and some clever new policies, they try to attract investors and integrate into … Read more

Russia Urges 4 Other Countries to Develop Common Approach to Cryptocurrencies

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The Russian Prime Minister Dmitry Medvedev has asked the leaders of the Eurasian Economic Union countries to jointly develop a common approach to cryptocurrencies. Both the Russian central bank and the prime minister believe that cryptocurrencies should not be restricted to one nation’s framework. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more

Russian Firm to Commercialize ISS Space Tourism by 2019

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Space is the next frontier our species will explore in one way or another. Doing so is much easier said than done, though, as getting into outer space is not something most consumers currently expect to do. Russian space company Energie plans to change all that by offering “comfortable” flights to the International Space Station. These flights … Read more

Another Post-Soviet Jurisdiction Welcomes Crypto Miners

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Following in the footsteps of counterparts from former Soviet countries, government officials in Transnistria have attempted to create crypto-friendly environment in their disputed republic. Newly adopted legislation legalizes cryptocurrency mining and provides incentives for foreign investors. Entrepreneurs, invited to set up mining facilities, are not even required to register a local company. They can take … Read more

Bank of Russia Allows Crypto Mining But Proposes Miners Sell Their Coins Overseas

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The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows … Read more

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