Bill Submitted to Make Cryptoruble Legal Tender in Russia

A bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender in Russia. This bill was introduced as the finance ministry published a different bill for the regulation of cryptocurrencies and initial coin offerings in Russia. Also read: Russia Finalizes Federal Law on Cryptocurrency Regulation Cryptoruble as Legal Tender … Read more

Russia Finalizes Federal Law on Cryptocurrency Regulation

The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The … Read more

South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges

The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March

The decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Cryptocurrencies Soon … Read more

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that … Read more

Bitcoin Mining ICO Giga Watt is Being Sued for Securities Fraud

Another month, another ICO lawsuit. This time it’s Giga Watt in the firing line, a startup whose aim is to launch a cryptocurrency mining facility. The company describes itself as “the world’s first full-service mining solution provider” and promises “turnkey mining services”. A group of investors are not impressed though, and have filed a lawsuit … Read more

Major University in Belarus Debuts Crypto Diploma Course Following Legalization

Following the legalization of cryptocurrencies and initial coin offerings (ICOs) in Belarus, a major Belarusian technical university is now offering a diploma course covering cryptocurrencies, their derivatives, and ICOs. Immediately, inquiries flooded in from people wanting to learn about this new industry. Also read: Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years Diploma Course at … Read more

Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings

Vietnamese authorities have announced that they are investigating establishments that accept bitcoin for payments. This follows reports that restaurants and cafes are still accepting the digital currency despite the government warning that bitcoin is not a legal means of payment in Vietnam. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto … Read more

Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years

The president of Belarus, Alexander Lukashenko, has signed a decree which legalizes cryptocurrencies, initial coin offerings (ICOs), and smart contracts. All crypto transactions and related income, including from mining, will be tax-free for the next five years. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Legalizing Crypto Transactions and … Read more

“Bitcoin” And “Mining” Dominate Google Searches as Ukraine Closes in on Legalisation

Keywords like „Бiткойн“ (Bitcoin) and „майнинг“ (mining) have climbed to the top 5 of the “What is…” category in Google Ukraine’s 2017 Zeitgeist report, local media have announced. Queries like “Why did gas go up?” and “Why do we live?” also feature high up in the list – the country has been dogged by economic woes … Read more