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Oklahoma’s new crypto law protects miners, sets blockchain legal framework
15.5.2024
Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities
Arkansas Residents Outcry Over Rising Crypto Mining Nuisance, Senator Seeks Governor’s Response
19.10.2023
A senator from the US state of Arkansas is seeking answers from the governor's office as there is an increase in the outcry over unwanted cryptocurrency mines in small towns across the state.
Residents of Mountain Pine have complained over “freaking loud” noise from a new crypto-mining facility...
Montana governor signs pro-cryptocurrency mining bill into law
4.5.2023
The legislation included revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms, and not allowing taxation for crypto used as a method of payment
Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners
26.2.2023
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption...
Former CCP official apologies for 'grave losses' as a result of supporting crypto miner: Report
9.1.2023
Former Chinese Communist Party member Xiao Yi seemed to speak with a very subdued voice from what appeared to be prison, apologizing for supporting a Fuzhou crypto mining firm
Blockware sued over alleged misrepresentation of miners' performance
24.12.2022
The plaintiff claims losses of $250,000 and seeks compensatory and punitive damages
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
9.12.2022
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential...
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
19.11.2022
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services....
Could Hong Kong really become China’s proxy in crypto?
17.11.2022
With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
1.10.2022
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....
Has New York State gone astray in its pursuit of crypto fraud?
2.5.2022
A new Senate bill strives to keep the “spirit of blockchain” while combating crime, but critics call it ill-conceived, redundant and unworkable
European Parliament votes against PoW ban, providing huge relief to the crypto industry
14.3.2022
The moderate version of the regulatory framework's draft prevailed in the ECON committee voting
No precedent: IRS court settlement doesn't clarify crypto staking taxes
8.2.2022
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression
Infrastructure bill passes US Senate — without clarification on crypto
10.8.2021
"This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey
Three US Senators propose narrowing crypto tax language in infrastructure bill
4.8.2021
“While Congress works to better understand and legislate on issues surrounding the development and transaction of cryptocurrencies, it should be wary of imposing burdensome regulations that may stifle innovation,” said Senator Pat Toomey
Malaysia is literally crushing thousands of illegal Bitcoin miners
16.7.2021
It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap
Proposed bill in Iran could ban all foreign-mined cryptocurrencies
2.7.2021
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments
Bill banning crypto mining for 3 years dies in NY state assembly
11.6.2021
The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo
Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
9.6.2021
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary...