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Russian Law Requires Election Candidates to Disclose Their Crypto Assets
24.3.2022
The Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and apply to presidential and parliamentary candidates as well as government officials. Russian Politicians...
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720
24.3.2022
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules...
Proposal for crypto tax policy in India will go to parliament on March 24
23.3.2022
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions
India’s Proposed Crypto Tax Rules Likely to Become Law Thursday
23.3.2022
Any easing of the government's stance on crypto taxation will be contained in amendments to the bill
‘Satoshi Island’ crypto utopia receives 50K citizenship NFT applications
23.3.2022
A crypto island in the South Pacific where fiat is not allowed is making waves: Modular homes under construction, NFT citizenship applications and a promise of a decentralized future
Wex Exchange Co-Owner Reportedly Detained in Russia
23.3.2022
Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of...
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining
22.3.2022
Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit....
OECD opens proposal on tax transparency framework for crypto to public comment
22.3.2022
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards
Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
21.3.2022
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs
EU vote on Bitcoin mining: What does it mean for the industry?
21.3.2022
A win in the European Parliament, but will mining rules have to change? “Eventually, only PoS will be adopted by blockchain applications.”
Man Arrested For Allegedly Sending Death Threats To Sega
21.3.2022
A 54-year-old resident of Toyokawa, Japan, was arrested on March 16 for allegedly sending repeated death threats to Sega. Read more
Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree
20.3.2022
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat...
Old but gold: Can digital assets become part of Americans’ retirement plans?
19.3.2022
Unsurprisingly, the role of crypto in retirement investment will depend on the asset class’ mainstream adoption
Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges
19.3.2022
Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under the current martial law. Leading Bank in Ukraine...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX
19.3.2022
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed...
Binance tells regulators it will cease operations in Ontario... for real this time
18.3.2022
The crypto exchange admitted to operating in the province without registration after saying it would stop
Stranded no more? Bitcoin miners could help solve Big Oil's gas problem
18.3.2022
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
US lawmakers introduce bills that could force crypto exchanges to cut ties with Russian wallets
17.3.2022
Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do "business with Russia-based crypto wallets" amid the situation with Ukraine
US lawmakers discuss crypto’s role in sanctions, national security, and humanitarian aid
17.3.2022
“Overattributing cybercrime to cryptocurrency misses critical causes and preventive measures which can be taken,” said former FinCEN acting director Michael Mosier
New Hampshire hopes its express approval of crypto-friendly law will attract new business
17.3.2022
A New Hampshire bill would commit the state to a new UCC section before finalization to show its commitment to the blockchain industry