Search Results for: draft laws

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

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Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Mientras tanto, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote…

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

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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…

Reporte: Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender

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Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, un informe ha dicho. The report also suggested that individuals who reject or refuse to accept legal tender will be fined…

Albania to Start Taxing Crypto-Related Income From 2023

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Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania…

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

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Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, añadió. Gobierno…

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

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Rusia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions….

Republic of Ireland to Prohibit Political Cryptocurrency Donations

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The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West…

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

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A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for…

El Banco de España recuerda que las compras públicas de criptomonedas pueden bloquearse en determinados casos

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El banco central español, banco de españa, ha advertido a los usuarios sobre ciertas acciones que los bancos pueden tomar si detectan compras de criptomonedas. En un post publicado en su página web, the institution explains that traditional banks have the ability to block these…

MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Informe revela

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Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of…