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Ukraine's Defense Ministry Decides Where Crypto Funds Are Spent
1.3.2022
The government's crypto fund has received cryptocurrency worth $16.8 million and spent $14 million
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
1.3.2022
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order...
Russian Finance Ministry Outlines its Vision of Bitcoin Mining Regulation
23.2.2022
Russia’s Ministry of Finance has explained how it plans to regulate – and tax – the nation’s crypto mining sector....
Read More: Russian Finance Ministry Outlines its Vision of Bitcoin Mining Regulation
Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
23.2.2022
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...
El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender
23.2.2022
El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government...
Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments
22.2.2022
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft...
Kazakh ministry halts illegal crypto mining operations
22.2.2022
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
21.2.2022
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move
Russia Inches Closer to Crypto Regulation as Ministry Hands Gov’t its Draft Bill
21.2.2022
Russia’s Ministry of Finance says it has formally submitted its draft bill on crypto regulation to the government – a move that could finally put an end to the political in-fighting that has dogged politicians in their bid to police the industry....
Read More: Russia Inches Closer to Crypto...
Crypto Exchange Binance Joins Expert Center at Russian Banks Association
19.2.2022
Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules...
Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills
19.2.2022
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative...
Russian Crypto Consensus Collapses into Utter Chaos as Finance Ministry, Central Bank Present Rival Bills
18.2.2022
The rest of the world may be talking about the imminent threat of war between Russia and Ukraine, backed by Western allies, but in Moscow, the talk of the political town is...crypto....
Read More: Russian Crypto Consensus Collapses into Utter Chaos as Finance Ministry, Central Bank Present Rival...
Russian finance ministry opens public comment period for the crypto bill
18.2.2022
The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank
17.2.2022
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto...
Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading
17.2.2022
In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...
Ukraine’s updated crypto bill kicks one ministry out as regulator
17.2.2022
Ukraine’s crypto bill was previously returned for revision due to the creation of a new regulatory body for crypto oversight
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
17.2.2022
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining...
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge
16.2.2022
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on...
Russian Ministry wants to legalize Bitcoin mining in specific areas
15.2.2022
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan
14.2.2022
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian...