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Bitcoin Rises in New Crypto Rankings by Chinese Government-Backed Institute


China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum. CCID’s 18th...

Russian Ministry Slams Bill to Ban Crypto: Will India Follow the Suit?


The world is standing still this year, every other day we come across something that makes us question, what else are we going to witness this year? And yesterday it was yet another day where the crypto community in India was left in doubt when the finance ministry of India proposed a bill in...

Indian Government Reconsiders Banning Cryptocurrency: Report


The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....

Even Russia’s Economy Ministry Doesn’t Want Crypto Ban, Derides Bill


Russia’s long and winding road to crypto regulation has taken another unexpected twist – with the country’s Economy Ministry wading into a bitter dispute between pro-business groups and the crypto-skeptic Central Bank – with experts claiming that a new impasse could see regulation “delayed by...

South Korea to Start Taxing Bitcoin Profits in 2021


South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...

Russian Economy Ministry ‘Wants to Legalize Crypto’ in Sandboxes


Russia could be set to legalize cryptocurrencies for companies and investors operating in new, industry 4.0-friendly regulatory sandboxes. Per news outlet Izvestia, the country’s Ministry of Economic Development wants to add a range of new provisos to sandbox-related legislation submitted last week...

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