Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

October 12, 2022 Bitcoin.com

approval

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee on Economic and […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

October 11, 2022 Bitcoin.com

bitcoin.com

Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government of Portugal Proposes New Tax for Cryptocurrency-Related Gains In the past […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’

September 30, 2022 Bitcoin.com

Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals 5B Subsidies Package to ‘Make Prices Drop’

10.9%

Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that inflation jumped to a 10.9% annual pace in September and it’s the first time since the end of World War II that Germany has dealt with double-digit […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

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

September 14, 2022 Bitcoin.com

bill

Russian 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 […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

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

August 25, 2022 Bitcoin.com

Bank of Russia

The 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 […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

July 7, 2022 Bitcoin.com

Ban

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament Approves Legislation Preventing Digital Financial Asset Payments The majority […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Russian Parliament Adopts Tax Rules for Digital Assets

June 29, 2022 Bitcoin.com

Adoption

Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Russian Parliament to Review Bill Prohibiting Crypto Payments

June 13, 2022 Bitcoin.com

Ban

Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use of Cryptocurrency for Payments Submitted to Russian Parliament Russian lawmakers […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Japan Adopts Legislation Establishing Legal Framework for Stablecoins

June 3, 2022 Bitcoin.com

bill

The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

June 2, 2022 Bitcoin.com

bill

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank […]

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