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Argentine lawmaker introduces bill for workers to be paid in crypto
7.7.2021
The proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments
Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
7.7.2021
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities....
Russian lawmakers prepare legal amendment to confiscate crypto
7.7.2021
Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime
Class action lawsuit against Binance targets exchange's futures trading
6.7.2021
The investors in the class action suit allege they lost "tens of millions" of dollars due to not being able to manage their positions and view their balances during peak trading hours
Bithumb Hong Kong subsidiaries reportedly face civil suit from Thai partner
6.7.2021
A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused them serious damage by unilaterally halting its business in Thailand
Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs
4.7.2021
The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital...
New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
3.7.2021
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange...
Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
3.7.2021
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From...
US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
3.7.2021
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El Salvador to be responsible with the country’s new bitcoin law. Nuland told the press that the U.S. was taking a “tough...
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
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
2.7.2021
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender
Thai SEC and Cayman Islands regulator take action on Binance
2.7.2021
Thai SEC and the Cayman Islands Monetary Authority are the latest regulators to join the global scrutiny against Binance
Nintendo Can’t Even Get $50 A Month From Sued Rom Site
1.7.2021
Suing a video game rom site and being awarded $2.1 million in damages doesn’t mean much if the defendant can’t pay. Apparently, Nintendo’s having trouble collecting from RomUniverse founder Matthew Storman, who’s already missed a $50 monthly sanctions payment to the video game publisher.Read more
Kazakhstan to introduce new energy fees for crypto miners in 2022
1.7.2021
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
1.7.2021
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra...
US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
1.7.2021
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that...
The Great Ace Attorney Is Worth The Four Year Wait
30.6.2021
Yes! I was so stoked to see Capcom finally releasing English versions of The Great Ace Attorney games. The Ace Attorney series is one of my absolute favorites, and I know English-speaking fans have been desperate for a new entry to the series ever since we were left with Android and iOS releases...
Korean Crypto Exchanges Consider Suing Government Over Banking Requirements
30.6.2021
All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law...
Games Writer Chris Avellone Files Libel Lawsuit, Denies Sexual Misconduct Accusations
28.6.2021
Famous games writer Chris Avellone, whose credits include Planescape: Torment and Fallout: New Vegas, broke his silence on sexual misconduct allegations made against him in 2020. In a series of blog posts on Medium, the game developer also revealed that he recently filed a libel lawsuit...
Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million in Crypto
28.6.2021
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own cryptocurrency. The company operated in Switzerland under the name VITAE AG. Law enforcement officials recovered €1.1...