The financial authority in Moscow, the Bank of Russia, desires those that use cryptocurrencies towards the regulation to be held accountable. The monetary regulator has
Tag: Legislation
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified
Russia to Change 13 Laws and Codes for Digital Ruble
Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
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.
Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations.
Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption
The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary
Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry