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Magic: The Gathering-Loving Crypto Losers Fail To Understand Copyright Law
16.2.2022
Stop me if you’ve heard this one before.Read more
Binance.US is under investigation from SEC over trading affiliates: Report
15.2.2022
Binance CEO Changpeng Zhao allegedly has connections to two market makers buying and selling crypto on Binance.US
US lawmaker introduces bill for government-backed insurance of 'qualified' stablecoins
15.2.2022
"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer
Crypto at the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy
15.2.2022
Bitcoin and nonfungible tokens are all over the Olympics this year while China’s CBDC is there too amid a controversial rollout
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
14.2.2022
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
14.2.2022
The penalty comes after months of heightened regulatory attention to crypto lending platforms
Sanctions and trade: Iran aims to develop a central bank digital currency
14.2.2022
While the central bank announced its intention to launch a CBDC, exact details are still scarce
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...
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year
14.2.2022
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief...
Crypto miners exempt from IRS reporting rules, US Treasury affirms
14.2.2022
The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments
13.2.2022
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business...
El Salvador’s Bitcoin Law: Understanding alternatives to government intervention
13.2.2022
Last year El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. Now, it’s time to promote mainstream adoption from the ground up
Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover
12.2.2022
Law enforcement in Russia has blocked major sites on the dark web, including a carding market leader. The platforms have been seized amid ongoing investigations into hacking groups, with Russian authorities ramping up efforts to dismantle the cybercrime rings and detain their members. Interior...
New Russian Law ‘Will Dampen Public’s Interest in Crypto’, Says Biz Leader
11.2.2022
A business leader has said that a soon-to-be-unveiled Russian draft crypto regulation bill – which proposes bringing crypto into a strict regulatory framework – is effectively a way to discourage Russians from using cryptoassets....
Read More: New Russian Law ‘Will Dampen Public’s Interest...
Nintendo Thanks Feds For Sending Hacker To Prison For 3 Years
11.2.2022
Recently indicted Nintendo hacker Gary Bowser has been handed a 40-month prison sentence by the U.S. District Court for the Western District of Washington for creating and selling “console-hacking software and devices used to play pirated Nintendo Switch games.” This is according to a victory...
Canadian MP introduces bill aimed at encouraging growth in crypto sector
10.2.2022
“To be a world leader, Canada needs to make sure cryptoasset experts and investors are telling us what policy they need or what policy they don’t need,” said Michelle Rempel Garner
Tennessee lawmaker introduces bill which would allow state to invest in crypto
9.2.2022
The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain
Russian Government Approves Plan to Regulate Cryptocurrency
9.2.2022
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...
Russian Government Eyes $13 Billion in Taxes From Crypto Economy
9.2.2022
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles...
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
9.2.2022
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...