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Russian government official calls to legalize mining ‘as soon as possible’
28.3.2022
The quotas and allocations of mining operators should be set by the regional authorities, not federal, the deputy minister says
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...
Is Austin the next US crypto hub? Officials approve blockchain resolutions
27.3.2022
The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation
Ukraine’s Government Launches ‘Museum of War’ NFT Collection
26.3.2022
The Ukrainian government has launched a “Museum of War” non-fungible token (NFT) collection. All sale proceeds will go directly to the official crypto wallets of the Ministry of Digital Transformation of Ukraine to support the army and civilians, according to the museum website set...
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says
26.3.2022
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender...
Ukraine launches NFT museum 'to keep the memory of war'
25.3.2022
"While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech," said the country's minister of digital transformation Mykhailo Fedorov
Crypto tax policy framework passes India's parliament despite pushback from lawmakers
25.3.2022
Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1
Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas
25.3.2022
Bitcoin moved past its $45,000 price ceiling, after it was reported that the Russian government was considering accepting it as payment for energies. The news sent BTC to a 24-day high, whilst ETH also climbed to a five-week peak. Bitcoin BTC was trading almost 5% higher on Friday, as markets...
Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim
25.3.2022
Anonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assault on Ukraine, now says it’s also targeting foreign companies still operating in Russia....
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
25.3.2022
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill
President Bukele hits out at Bitcoin Bond 'FUD' as CZ jets in to El Salvador
25.3.2022
El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion 'volcano bond.'
‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
24.3.2022
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law
Tax man: India’s new tax policies could prove fatal for crypto industry
24.3.2022
India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry
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...
Florida Governor Ron DeSantis Says State Is ‘Figuring out Ways’ to Allow Businesses to Pay Taxes in Bitcoin
24.3.2022
Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that...
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
‘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
El Salvador postpones Bitcoin bonds to September: Report
23.3.2022
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well
US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren
22.3.2022
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere," said Sheila Warren
Crypto Donations To 'Freedom Convoy' Evade Government Seizure - Report
22.3.2022
Despite the efforts by the Canadian government, most of the CAD 1.1m (USD 874,000) worth of cryptoasset donations made to the trucker protests (aka "Freedom Convoy"), an initiative that evolved out of the anti-COVID-19 health mandate protests, have reportedly dodged seizure by...