Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

March 18, 2023 Bitcoin.com

amendments

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key Support

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

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

November 19, 2022 Bitcoin.com

Advertising

Russian 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 […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal

May 26, 2022 Bitcoin.com

Amnesty

A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted to Russian Parliament Without Amnesty for Miners […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Trade Minister Expects Russia to Legalize Cryptocurrency

May 19, 2022 Bitcoin.com

bill

Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister Acknowledges Cryptocurrency can be legalized in the Russian Federation, according to a […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

November 8, 2021 Bitcoin.com

amendments

The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law Concerning Crypto Services in Kazakhstan Members of the upper house in Kazakhstan’s parliament, the […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline

September 24, 2021 Bitcoin.com

AML

Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for New Korean Crypto Regulations Expires Friday Registering with Korea’s Financial Intelligence Unit (FIU) is […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market

September 9, 2021 Bitcoin.com

Adoption

The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses. Ukraine Legalizes Crypto Activities, Defines Virtual Assets Ukraine’s Verkhovna Rada, the country’s […]

provisions