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Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

December 26, 2021 Bitcoin.com

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Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto Trading Platforms and Token Issuers File for Licenses in Serbia Authorities in Serbia […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages

November 4, 2021 Bitcoin.com

$POWER

Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

October 25, 2021 Bitcoin.com

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As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

October 23, 2021 Bitcoin.com

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The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Moscow Not Planning to Ban Russians From Buying Crypto Abroad

October 13, 2021 Bitcoin.com

Alexey Moiseev

Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions

October 3, 2021 Bitcoin.com

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Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees 7% Increase in Electricity Demand Due to Crypto Miners […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars

September 25, 2021 Bitcoin.com

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Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

August 18, 2021 Bitcoin.com

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Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says

August 8, 2021 Bitcoin.com

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Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes

June 17, 2021 Bitcoin.com

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Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners. Iran ICT Minister Says Gulf Island of Kish Has What It Takes to Be […]

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BTC-e founder pleads guilty in $9 billion laundering conspiracy