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Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot

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Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot
amendments
Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT PilotESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime for market infrastructures based on distributed ledger technology (DLT). […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law

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Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
amendments
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian LawThe Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities. Russian Prosecutor General’s Office Prepares Amendments Allowing Seizure of Cryptocurrency With cryptocurrencies being only partially regulated […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Finance Committee Approves Legislation Delaying Crypto Tax in South Korea

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Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
amendments
Finance Committee Approves Legislation Delaying Crypto Tax in South KoreaChanges meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead of Election, Major Parties Support Tax Break for Crypto Investors […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Russia to Change 13 Laws and Codes for Digital Ruble

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Russia to Change 13 Laws and Codes for Digital Ruble
Aksakov
Russia to Change 13 Laws and Codes for Digital RubleAuthorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia Prepares to Trial Digital Ruble, Officials Say CBDC […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

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Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
amendments
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial MonitoringThe Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law Concerning Crypto Services in Kazakhstan Members of the upper house in Kazakhstan’s parliament, the […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Slovenia Launches Public Consultations on Crypto Taxation Law

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Slovenia Launches Public Consultations on Crypto Taxation Law
amendments
Slovenia Launches Public Consultations on Crypto Taxation LawAuthorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says

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Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
advisor
Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor SaysThe regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins isn’t prohibited either, according to a leading advisor on crypto matters at the Ukrainian parliament. Amendments to Ukraine’s Tax Law to Regulate Accounting for Crypto […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

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Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says
Activity
Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair SaysCryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Taxation, Definition of Digital Currency Discussing upcoming changes in the legislation regarding digital currencies in Russia, head […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

Bitcoin.com
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
amendments
Slovenia Prepares to Impose 10% Tax on Spending and Selling CryptocurrencyThe tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners

Bitcoin.com
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
$POWER
Kazakhstan Introduces Surcharge for Electricity Used by Crypto MinersCryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra Fee per Kilowatt-hour of Electricity Crypto mining entities […]
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Russia Cautious on Tokenizing Real-World Assets

Russia Cautious on Tokenizing Real-World Assets

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