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It Might Be 'too Early to Celebrate' Russia’s New Crypto Law


Russia’s new crypto legislation was finally approved this week, after a delay of over two years – but it might be that the true battle for crypto regulation in the country is yet to begin. A local expert has hinted that when policymakers decided to divide the “On Digital Assets” bill into two, they...

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law


South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...

Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now


Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative...

German Court Rules to Limit Authorities’ Access to People’s Data


The German constitutional court has ruled that the police and intelligence officials have too much access to people’s personal mobile phone and internet data. A win for privacy activists, the court has directed the government to amend applicable laws to better protect the privacy of German...

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