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Russian Parliament Postpones Adoption of Crypto Mining Bill

Bitcoin.com
Russian Parliament Postpones Adoption of Crypto Mining Bill
Adoption
Russian Parliament Postpones Adoption of Crypto Mining BillRussian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access to global finances and markets. Russia’s New […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Russia Cracking Down on Crypto Miners Minting in Residential Areas

Bitcoin.com
Russia Cracking Down on Crypto Miners Minting in Residential Areas
Ban
Russia Cracking Down on Crypto Miners Minting in Residential AreasRussian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home Mining Electricity distribution […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported

Bitcoin.com
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
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Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be ExportedThe monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central Bank Suggests Restrictions Be Added to Proposed Crypto Mining Law The […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

Bitcoin.com
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
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Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets BillCompanies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate Crypto Mining in Kazakhstan, Change Licensing Rules The lower house of Kazakhstan’s parliament, […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

Bitcoin.com
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
$POWER
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil FuelsA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have consequences for […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

Bitcoin.com
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
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Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and AdsRussian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services. New Attempt to Legalize Cryptocurrency Mining in Russia After months of deliberations, efforts continue in […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight

Bitcoin.com
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
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Indonesia to Change Crypto Regulators as Part of Plan for Stricter OversightThe government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market. Indonesia Mulls Over New Financial Legislation Designed to Tighten […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

Bitcoin.com
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils
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Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker UnveilsNewly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental regimes.” Parliament Prepares to Legalize the Mining of Cryptocurrencies in […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

New Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament

Bitcoin.com
New Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament
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New Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian ParliamentA draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian parliament after the rejection of an earlier bill which was aiming to allow domestic crypto payments as well. Draft Legislation on Crypto Mining Allows Russian […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft

Bitcoin.com
Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft
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Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New DraftThe lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border transactions with digital assets, is expected in the legislature in […]
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Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

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