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Kyrgyzstan's central bank moves to regulate cryptocurrencies with new draft law
Seems like the entire world is taking notice of Bitcoin and the wider cryptocurrency market. The Central Asian country of Kyrgyzstan is the latest to do so after the National Bank of the Kyrgyz RepublThe post Kyrgyzstan's central bank moves to regulate cryptocurrencies with new draft law appeared first on AMBCrypto. дальше »
2020-11-16 14:45 | |
State-owned Belarusbank rolls out crypto exchange service
State-owned BelarusBank, the largest bank in Belarus, recently announced its plans to roll out a crypto exchange service. The service, once launched, will enable customers in the country and neighboring Russia to purchase and sell cryptocurrencies via Visa payment cards. дальше »
2020-11-14 12:22 | |
Despite Blanket Ban in 2018, Pakistan Regulators Look to Build Friendly Framework for Digital Assets
Pakistan seems to realize the potential of digital assets in the financial future as the country seems geared up for formulating a new framework to regulate cryptocurrencies such as bitcoin. This is highly bullish since Pakistan was among the very few countries that in mid-2018 blanket banned digital assets in any form. дальше »
2020-11-14 21:42 | |
Crypto.com Announces Turkish App and Exchange Update
The Hong Kong-based crypto company said they chose the country in the latest update to its app because of the country’s “remarkable” attitude towards cryptocurrencies. “Turkey is an important market for us, both from a geographic perspective due to its location between east and west and the strong affinity its citizens have with cryptocurrency,” said […] дальше »
2020-11-7 11:48 | |
Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions
With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »
2020-10-31 19:08 | |
WCA will accept USDT in the first-ever IPO in Australia
West Coast Aquaculture Group (WCA), an Australian company that operates an aquaculture farm, is planning to conduct the first Initial Public Offering (IPO) in the country that will accept cryptocurrencies as payment. дальше »
2020-10-29 16:06 | |
Isle of Man Says Bitcoin, Ethereum Not Securities
The Isle of Man, a self-governing British Crown dependency, has released a document guiding how it will define cryptocurrencies like Bitcoin. Specifically, the country’s financial services authority (FSA) categorizes cryptocurrencies by their function. дальше »
2020-10-16 18:49 | |
Ripple CEO: Looking at if we need to relocate to a country where regulations are clear
Calling it “unfortunate” that U.S regulators did not have a clear approach to cryptocurrencies, Garlinghouse re-emphasized that the lack of a single national regulatory framework was putting US coThe post Ripple CEO: Looking at if we need to relocate to a country where regulations are clear appeared first on AMBCrypto. дальше »
2020-10-15 23:30 | |
Why are so many people in Eastern Europe using cryptocurrencies?
How did Russia, a country where cryptocurrencies are banned for use as payment, and Ukraine, where the asset class essentially exists outside of the law, rank the highest when it comes to crypto adoption? The latest Chainalysis report, where Eastern Europe was found to have the highest grassroots-level adoption of cryptocurrency despite being the fourth-largest […] The post Why are so many people in Eastern Europe using cryptocurrencies? appeared first on CryptoSlate. дальше »
2020-10-2 06:00 | |
China State-Owned Media Covers Crypto as 2020’s Best Performing Assets Driven by DeFi & Weak Dollar
In an unusual coordinated report on Friday, several Chinese state-owned media covered cryptocurrencies, calling them the best-performing assets of 2020. The country’s top broadcaster, China Central Television (CCTV), ran a three-minute-long news clip, highlighting crypto assets rallying 70% this year. дальше »
2020-9-27 17:33 | |
Bitcoin Community Reacts to Russia’s Criminalization of Undeclared Crypto Activity
Bitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that bans the issuance and circulation of cryptocurrencies. But officials in the country accept that an outright ban is unenforceable. дальше »
2020-9-26 15:13 | |
UK’s Revolut begins crypto trading services in Australia
Revolut, a British fintech firm, has started crypto trading services in Australia less than a month since it launched its money app in the country. Following the launch on September 3, Australians can now easily buy and sell cryptocurrencies using the Revolut app. дальше »
2020-9-4 12:55 | |
Pres. Trump’s Ex-Chief Of Staff Launches A Hedge Fund; Will It Invest in Cryptocurrencies?
Mick Mulvaney, who served as chief of staff under President Trump, has launched a hedge fund. From 2014 after Mulvaney has been acknowledged as a pro-Bitcoin crusader calling for crypto-friendly regulations in the country. дальше »
2020-8-31 19:01 | |
Use of Bitcoin and Other Cryptos Remain Dominant in Venezuela as the Bolivar is Deemed Worthless
Venezuela is in economic turmoil, and as monetary inflation proliferates, the Bolivar is becoming increasingly worthless. As a result of all these challenges that the Latin American country is faced with; its citizens have turned to cryptocurrencies to save the day. дальше »
2020-8-28 19:54 | |
Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryptocurrencies
Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments, including cafes, restaurants, dentists, hair salons, and hotels. дальше »
2020-8-9 16:15 | |
OKEx Enters India with Peer-to-Peer Crypto Trading Platform
The global crypto exchange and trading platform, OKEx has launched a P2P crypto trading platform in the world’s second most populous country with huge untapped market potential. Targeting the crypto community in India, the new platform allows users to purchase cryptocurrencies with INR at zero transaction fees. дальше »
2020-8-9 15:37 | |
Japan’s New Chief Financial Regulator Is Wary of Deregulating Crypto
Ryozo Himino, the newest commissioner of Japan’s Financial Services Agency, says the country will be cautious in its approach to private cryptocurrencies. According to Reuters, Himino said that deregulating crypto would not lead to technical innovation. дальше »
2020-8-7 17:25 | |
Putin Reportedly Signs Law Legalizing Digital Assets, Including Bitcoin In Russia
According to RT News, Russian President Vladimir Putin has reportedly signed into law the landmark crypto bill “On Digital Assets,” which effectively provides legal status to cryptocurrencies in the country. дальше »
2020-8-5 15:14 | |
Power Plants in Iran Now Authorized to Mine Bitcoin
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs […] The post Power Plants in Iran Now Authorized to Mine Bitcoin appeared first on Bitcoin News. дальше »
2020-7-29 13:45 | |
29 Cryptocurrencies Delisted on Liquid Exchange to Comply With Singapore’s FATF Crypto Regulation
A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country. дальше »
2020-7-28 21:30 | |
The Use Of Cryptocurrencies Will No Longer Be Criminalized In Russia
The Russian cryptocurrency ecosystem is gleefully celebrating a newly achieved milestone as lawmakers in Russia passed the bill that has now decriminalized the use and of digital currencies in the country. дальше »
2020-7-23 14:53 | |
South Korea will implement a 22% tax law on Cryptocurrencies come 2021
The South Korean government has ordered the implementation of a tax law that will require a variety of assets to pay taxes. Said tax law will be effective in 2021; five months from now. The announcement was made on the 22nd of July by the country’s Ministry of Strategy and Finance with a “2020 Tax […] дальше »
2020-7-23 10:15 | |
Central Bank of Oman Warns Public Against Cryptocurrency Investment
The Central Bank of Oman (CBO) has issued a warning to the country’s citizens regarding investments in cryptocurrencies and related products. It should be noted that the country itself is not particularly anti-cryptocurrency, but still has yet to legalize cryptocurrencies. дальше »
2020-7-21 19:15 | |
Shariah Council Permits Cryptocurrency Investing and Trading
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that it might not be Sharia-compliant. дальше »
2020-7-11 08:10 | |
Media: China's largest bitcoin investor Zhao Dong allegedly arrested
According to Chinese media reports, the country's largest bitcoin investor, Zhao Dong, was detained by police. The arrest occurred against the backdrop of reports of massive lock-ups in Chinese banks of user accounts suspected of working with cryptocurrencies. дальше »
2020-7-5 19:31 | |
Crypto Mostly a Speculative Investment: U.K. FCA Survey
Awareness in the U. K. appears to be on the rise as the latest survey shows that about 1. 9 million adults in the country own cryptocurrencies. This increasing crypto adoption also seems to be happening evenly across several age demographics. дальше »
2020-7-1 22:19 | |
Indian Government Considering Banning Cryptocurrencies, Again
India continues to oscillate over its stance toward cryptocurrencies as according to a report by The Economic Times, the country is now considering introducing a federal law to put a lasting ban on digital currencies. дальше »
2020-6-12 08:35 | |
China Passes Law Protecting Cryptocurrency Inheritance
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. дальше »
2020-5-31 16:30 | |
China’s First Civil Code Allows Citizens to Inherit Cryptocurrency
The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was made during the third sittingRead MoreRead More. дальше »
2020-5-29 15:14 | |
OKEx Joins Coinpaprika to Release India Crypto Market Research Report
Cryptocurrencies are truly global in nature, and anyone anywhere with an internet connection and a wallet can make transactions without any external intervention. The second most populous country, India is one of the fastest-growing crypto markets with a huge potential waiting to be tapped. дальше »
2020-5-28 10:34 | |
New Bill Wants to Eradicate Crypto Activity in Russia
Russia has always been an interesting country when it comes to Bitcoin and other cryptocurrencies. A new proposed law would make it illegal to buy BTC with cash, and potentially lead to a seven-year jail sentence. дальше »
2020-5-26 18:00 | |
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for […] The post Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail appeared first on Bitcoin News. дальше »
2020-5-24 04:05 | |
China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter
China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners. дальше »
2020-5-23 19:00 | |
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. дальше »
2020-5-24 16:35 | |
Russian Government Set to Impose Fines and Imprisonment for Illegal Crypto Activities
The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country. Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet RBC on Thursday (May 21,Read MoreRead More. дальше »
2020-5-23 16:00 | |
Iran’s Crypto Exchanges Now Under the “Money Smuggling” Category
Iran’s love-hate relationship with cryptocurrencies is now tilted in favor of a no-go zone, as the country just passed proposals terming the operation of crypto-services a “smuggling” activity. Local Crypto Scene Faces Battle As per reports on local publication ArzDigital earlier this week, the Irani parliament passed a proposal to include cryptocurrency within strict foreignRead MoreRead More. дальше »
2020-5-21 15:00 | |
Ukrainian Ministry of Digital Transformation is going to become a regulator of cryptocurrencies after their legalization
The Ministry of Digital Transformation of Ukraine announced its readiness to become a regulator of cryptocurrencies in the country after the legalization of their status. The bill has already been submitted to experts. дальше »
2020-5-19 19:01 | |
Vietnam Ministry of Finance Forms Research Group To Develop Digital Currency Policies
Cryptocurrencies are actively being considered an alternate form of financial instrument, and the blockchain technology powering it has already seen massive adoption all around the globe. Vietnam is the latest country looking to study and formulate laws around digital currencies. дальше »
2020-5-13 22:42 | |
Vietnam’s Ministry of Finance Assembles Research Group to Study Cryptocurrency Policies
The Vietnamese Ministry of Finance is set to assemble a research group to study and propose regulations and guidelines to manage cryptocurrencies and digital assets in the country, Vietnam+ reports May 11, 2020. дальше »
2020-5-12 05:07 | |
Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. дальше »
2020-3-28 11:30 | |
Russian Central Bank Admits It Can’t Ban Bitcoin
The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country. Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either. дальше »
2020-3-18 16:15 | |
Transak provides the easiest solution to buy and sell cryptocurrencies in India
The Supreme court of India lifted the two years old ban on usage of bitcoins and other cryptocurrencies in India on 4th May 2020. The historical decision from the court brought fresh interests from investors and traders from all over the country. дальше »
2020-3-7 15:59 | |
Bullish Signal: South Korean Parliament Passes Law That Fully Legalizes Cryptocurrency Holding And Trading
Yesterday, India’s Supreme Court quashed the Central bank’s crypto ban that was curtailing cryptocurrency trading in the country. The crypto community perceived this as a big adoption boost for bitcoin and cryptocurrencies in general. дальше »
2020-3-6 16:14 | |
Koinly Review 2020 – Manage Your Crypto Taxes With Ease
Crypto taxes are a fluid topic as more and more country regulators come to grips with it. Right now, countries that have somewhat regulated this field are tax-wise usually treating cryptocurrencies the same way as gold or real estate. дальше »
2020-3-5 00:04 | |
Ukraine Mandates Citizens to Declare Bitcoin (BTC) Holdings for Tax Purposes
In a bid to regulate its cryptocurrency space, Ukraine‘s National Agency for Prevention of Corruption (NAPC) has defined clear rules for declaring cryptocurrencies as intangible assets. As such, taxpayers in the country have been mandated to report their crypto holdings following these guidelines, according to a Forklog report on March 3, 2020. дальше »
2020-3-5 22:00 | |
Forget RBI, Indian Bitcoin Community’s Biggest Obstacle is Modi Govt
Bitcoin exchanges in India emerged as winners in a two-year-long court battle against the country’s central bank. The Supreme Court of India in its Wednesday verdict lifted curbs that effectively banished the trade of cryptocurrencies in the country. дальше »
2020-3-5 21:06 | |