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Iran Seizes 3,000 Crypto Mining Devices in a Week

10.6.2021
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining...

Denmark to Revise Tax Law to Target Cryptocurrencies

10.6.2021
The Danish tax ministry is reportedly mulling over revising the country’s tax law to deal with the challenges posed by cryptocurrencies. Denmark’s tax authority is concerned about the rising risk of fraud and widespread filing errors involving cryptocurrencies. Denmark to Revamp Tax...

Investors Still Think Activision CEO Bobby Kotick Makes Too Much Money

9.6.2021
Grass is green, the sky is blue, and Bobby Kotick is still rich. Earlier this year, Activision halved the CEO’s pay and annual bonus target after he spent years pulling in tens of millions of dollars (even after laying off employees), resulting in sustained pressure from investors. A group...

El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority

9.6.2021
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private...

El Salvador Passes The Bitcoin Law

9.6.2021
The Legislative Assembly of El Salvador just passed the Bitcoin law today. The #BitcoinLaw has been approved by a supermajority in the Salvadoran Congress.— Nayib Bukele ???????? (@nayibbukele) At 06:08 UTC, BTC trades at USD 33,570 and is up by 0.6% in the past hour and almost 2% in...

Proposed New Law Would Allow Russians to Inherit Bitcoin and Co.

7.6.2021
Senior Russian lawmakers are set to push ahead with the creation of a new law that would allow citizens to inherit bitcoin (BTC) and other cryptoassets, include it in their wills and divorce settlements – and allow creditors to access tokens in successful bankruptcy claims. Crypto currently has...

New Crypto Tax Law Will Be Adopted in Autumn Says Russian Policy Chief

4.6.2021
After a brief respite for the nation’s crypto community, regulators have resurfaced – and could serve up a fresh batch of legislative proposals aimed at policing the industry as soon as summer is done. After a relatively quiet few months, Anatoly Aksakov, the head of the State Duma Committee...

Nintendo Sues ROM Site Into Oblivion

1.6.2021
Back in 2019, we wrote about Nintendo’s efforts to shut down the website RomUniverse, which was hosting and even selling premium access to pirated copies of Nintendo games. That case is now over, the site is gone and Nintendo has been awarded $2.1 million in damages.Read more

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