カテゴリー: legalization

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

Putin: Cryptocurrency Has Its Place, No State Can Have Own CryptoCryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the […]

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South Korea’s National Assembly Officially Proposes Lifting ICO Ban

South Korea's National Assembly Officially Proposes Lifting ICO BanSouth Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space National Assembly’s Proposal […]

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Cryptocurrency is Property in Russia, Justice Minister Confirms

Cryptocurrency is Property in Russia, Justice Minister ConfirmsThe Russian Ministry of Justice has taken side in what looks like a lively debate about the status of cryptocurrencies that are still unregulated in the country. A bankruptcy case involving a modest amount of bitcoin has sparked discussions in Russian legal circles. Some say a crypto is nothing more than “a set of characters.” […]

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Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial Instruments

Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial InstrumentsThe Chairman of the National Securities and Stock Market Commission of Ukraine has indicated the regulator favors a decision to recognize cryptocurrencies as financial instruments. Timur Khromayev thinks it’s time to take the matter to the country’s Financial Stability Council. The point of no return has been passed, he says.   Also read: Ukraine to […]

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New Party in Ukraine to Fund Itself Only with Cryptos

New Party in Ukraine to Fund Itself Only with CryptosA newly formed party in Ukraine has vowed to rely only on cryptocurrency contributions to sustain its activity and never to accept money from the oligarchs. Weakening state control over economy and expanding civil liberties are among its main political priorities. The party wants to protect the interests of people and companies from the IT […]

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Bitcoin Payments Are on the Rise in the Baltics

Bitcoin Payments Are on the Rise in the BalticsCryptocurrencies are gaining popularity in the Baltic states where no comprehensive regulations have been introduced yet. Businesses from multiple sectors, including real estate, online trade, the hospitality industry, and even healthcare, are taking advantage of crypto payments. Some companies from the region are already offering their services globally.    Also read: Blind Denial of Cryptocurrencies […]

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Majority of US States Has Taken a Stance on Bitcoin and Blockchain

Majority of US States with Stance on Bitcoin and BlockchainMost US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Also read: Several States Spearhead Bitcoin Adoption […]

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Chinese Merchants in Moscow Convert Most of Their Cash to Crypto

Chinese Merchants in Moscow Convert Most of Their Cash to CryptoChinese traders in Moscow’s huge wholesale bazaars have become the most active buyers and sellers of cryptocurrency in the Russian capital. The retail turnover there is estimated at almost $10 billion a month. Authorities say that most of it is converted to cryptocurrencies and sent back to China where it‘s exchanged to yuan.    Also […]

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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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New Local Crypto Street Exchange Shop Trades Bitcoin for Cash in Central Moscow

New Crypto Change Trades Bitcoin in MoscowA change bureau trading bitcoin has been opened in the Russian capital. According to local media, this is the only currency exchange in Moscow buying and selling cryptos for cash. Lawyers say nothing in the law prohibits this kind of service, and the business is legal.  Also read: Russians Owe 13% Tax on Their Crypto […]

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