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Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country

Bitcoin.com
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country
bill
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in CountryCryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legislature. Lawmakers also want to make sure crypto companies pay their taxes and fees. Parliament of Kazakhstan Votes on Bill Regulating Activities of Crypto […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies

Bitcoin.com
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
authorization
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered CompaniesNew legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector. Lawmakers in Kazakhstan Submit Crypto Mining Law, Seek to Curb ‘Gray’ Mining […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power

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Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power
Aksakov
Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear PowerCryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones where it will probably ban the extraction of digital […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Russia Starts Developing Mechanism for International Crypto Payments

Bitcoin.com
Russia Starts Developing Mechanism for International Crypto Payments
agency
Russia Starts Developing Mechanism for International Crypto PaymentsFinancial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments. Regulators in Russia Move Toward Legalizing Use of Cryptocurrency in Foreign Trade Russian authorities […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says

Bitcoin.com
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says
bill
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker SaysRussian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could happen in the coming months. Russian Government […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say

Bitcoin.com
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
Bank of Russia
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts SayThe changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors are halting the advance of the necessary legislation. Two Draft Laws on Mining Await Approval by the Russian […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Putin Signs Law Prohibiting Payments With Digital Assets in Russia

Bitcoin.com
Putin Signs Law Prohibiting Payments With Digital Assets in Russia
Ban
Putin Signs Law Prohibiting Payments With Digital Assets in RussiaPresident Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary surrogates.” President Putin Approves Legislation Banning Digital Asset Payments in Russian Federation Russian President Vladimir […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law

Bitcoin.com
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
ACT
Hong Kong to Introduce Licensing for Crypto Platforms Through AML LawNew legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines relevant threats. Hong Kong Lawmakers to Review Bill Aligning Crypto Sector With […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

Bitcoin.com
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
bill
Russia’s Finance Ministry Supports Circulation of Stablecoins in CountryThe Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. Russia’s Minfin Open to Legalizing […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

Proposal to Set Up Russian Crypto Exchange Circulated in Moscow

Bitcoin.com
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow
Aksakov
Proposal to Set Up Russian Crypto Exchange Circulated in MoscowRussia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian Authorities Mull Creating Domestic Cryptocurrency Exchange A crypto trading platform may be […]
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The Graph introduces GRC-20 standard for Web3 data structure

The Graph introduces GRC-20 standard for Web3 data structure

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