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Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests

Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law SuggestsA new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The authors are also hoping to regulate cryptocurrency mining and cut access to cheap energy for those who mint coins in their homes. Bill to Bring ‘Tight Regulation’ to Crypto Industry, […]

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Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report UnveilsA roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in […]

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Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown

Kosovo Seizes Hundreds of Crypto Mining Machines in CrackdownPolice in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy crisis in the country. Authorities in Kosovo Confiscate Mining Hardware in Serb Majority North […]

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Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or TradingThe government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter […]

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Ukrainians Offered New Crypto Services, Bitcoin Cards

Ukrainians Offered New Crypto Services, Bitcoin CardsAlong with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores and online. Wirex Gives Ukrainians Access to Over […]

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

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’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law

Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal LawThe Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions of several other laws although various aspects of cryptocurrencies remain unregulated. Prosecutors in Russia Draft Legislation Granting Cryptocurrency Property Status The Prosecutor General’s Office of […]

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Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining RigsAuthorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate the losses. Underground Crypto Farm Busted in Kyrgyzstan The region […]

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Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining

Russian Nationalists Prepare Bill to Regulate Cryptocurrency MiningLawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists Propose Regulations for Russian Crypto Miners The […]

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Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption

Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for AdoptionThe law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga […]

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