カテゴリー: bitcoin legalization

Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania Says

Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania SaysThe central bank of Lithuania has started discussions on regulations with crypto businesses and commercial banks. The reluctance to understand the world of cryptocurrencies leads nowhere, its fintech coordinator said during a meeting in Vilnius. Lithuanian projects have attracted 10% of ICO investments last year, the local community claims. Cryptocurrencies like bitcoin enjoy a growing […]

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China’s First Central Bank Governor in 15 Years Likes Bitcoin

China’s First Bank Governor in 15 Years Likes BitcoinThe People’s Bank of China, the nation’s central bank, has a new governor, its first in 15 years. His name is Yi Gang and judging by previous comments the 60-year-old has made, he’s perfectly okay with cryptocurrency. His positive stance towards bitcoin and other cryptos bodes well for their future within China. Also read: Report Claims […]

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Russian Ministry Offers to Set Up Crypto Exchange for Miners

Russian Ministry Offers to Set Up Crypto Exchange for MinersRussia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions […]

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Court Strikes Down Ban on 40 Bitcoin Sites in Russia

Court Strikes Down Ban on 40 Bitcoin Sites in RussiaSaint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying and […]

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Law to Legalize Crypto Mining Introduced in Armenia

Law to Legalize Crypto Mining Introduced in ArmeniaArmenia may soon follow in the footsteps of countries like Belarus in regards to crypto regulation. Newly proposed legislation provides the basis for legalizing and regulating cryptocurrency mining in the country. Tax exemptions and other incentives will be offered to miners. If the draft law is adopted, businesses will be able to operate mining facilities […]

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Arizona Closer to Accepting Bitcoin and Regulating ICOs

Arizona Closer to Accepting Bitcoin and Regulating ICOsArizona may become the first U.S. state to legalize bitcoin as a payment option for tax purposes. Bills to that end have been advancing in the State Legislature, with one of them already passed by the Senate Finance Committee. First reading of a draft law regulating ICOs has been scheduled, too. The Grand Canyon State […]

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More than Half of Russians Know About Bitcoin Now

More than Half of Russians Know About Bitcoin NowMore than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. […]

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Calls for “Legal Bitcoin” in Ukraine, as Natsbank Mulls E-Fiat

Calls for “Legal Bitcoin” in Ukraine, as Natsbank Mulls E-FiatUkraine, now serious about crypto regulation, is setting up a special working group to oversee the completion of the necessary framework. Dedicated legislation has been making its way through parliament since October. The National Bank is considering plans to emit “e-hryvnias”, while the justice minister says bitcoin is a fact and calls for its legalization. […]

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Ukraine Proposes Law to Completely Legalize Cryptocurrency Transactions

Ukraine Proposes Law to Completely Legalize Cryptocurrency TransactionsThe first draft of a bill to legalize all cryptocurrency transactions in Ukraine has been submitted to its Parliament. Initiated by a group of deputies, the bill proposes to define cryptocurrencies including bitcoin as legal properties which can be exchanged for goods and services. Also read: Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card […]

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Bank of Russia Opposes Cryptocurrency Legalization, Worried About ‘Loss of Control’

Bank of Russia Opposes Cryptocurrency Legalization, Worried About 'Loss of Control'The head of the Central Bank of Russia has spoken against the legalization of cryptocurrency at a meeting between President Vladimir Putin and representatives of the Russian business circles and associations. Meanwhile, the finance ministry is drafting a bill to legalize cryptocurrencies such as bitcoin and regulate their circulation. Also read: Russian Governor Invites Cryptocurrency Miners […]

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