Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank

February 17, 2022 Bitcoin.com

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It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto regulation but the treasury intends to submit draft legislation despite their differences. Disagreements on Future of […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

February 14, 2022 Bitcoin.com

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The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief Announces Legislative Plan for […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

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

January 30, 2022 Bitcoin.com

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A 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, […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

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

January 29, 2022 Bitcoin.com

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A 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 […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown

January 9, 2022 Bitcoin.com

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Police 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 […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

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

January 4, 2022 Bitcoin.com

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The 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 […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

Ukrainians Offered New Crypto Services, Bitcoin Cards

December 16, 2021 Bitcoin.com

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Along 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 […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

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

December 10, 2021 Bitcoin.com

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The 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 […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

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

November 18, 2021 Bitcoin.com

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The 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 […]

Man Pleads Guilty to Hacking Official SEC X Account and Falsely Claiming Regulator Had Approved Bitcoin ETFs

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs

November 17, 2021 Bitcoin.com

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Authorities 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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