Search Results for: amendments

Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot

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ESMA, la Autoridad Europea de Valores y Mercados, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead…

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

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The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages….

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

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Rusia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading…

Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

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The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, entre otros. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law…

Kazajstán impone límites de compra a los criptoinversores minoristas

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Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in…

Eslovenia lanza consultas públicas sobre la ley de criptoimpuestos

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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 the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to…

La criptominería debe registrarse y gravarse en Rusia, El presidente del Comité de Mercados Financieros dice

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Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Impuestos, Definition of…