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Indian Government Clarifies Position on Cryptocurrency and Digital Rupee


The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...

European Parliament Petitioned to Create Crypto Crime Compensation Fund


A petition has been submitted to the European Parliament, asking to implement a scheme to compensate crypto-related victims. The crimes mentioned in the petition 0421/2020 include fraud, piracy, and extortion. Petition’s Author Represents Victims in the Bitsane Alleged Scam Case According...

Russian Parliament Expects a 2021 ‘Surge’ in Token Issuance


Russia’s parliament, the State Duma, said that it is braced for a “surge in token issuance” in the new year. Per a report published in the Parliamentary Gazette, Anatoly Aksakov – the head of the Duma’s committee on financial markets and the chief architect of Russia’s crypto legislation – stated...

Canadian Public Company Dumps Ethereum and Monero for Bitcoin


A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings,...

Bitcoin for Spain’s Congress: BTC Sent to 350 Spanish Parliament Members


Bitcoin has been sent to 350 deputies of the Spanish Congress as part of an educational initiative similar to the “Crypto for Congress” campaign that sent bitcoin to all Members of U.S. Congress. Bitcoin Sent to 350 Spanish Lawmakers All 350 members of Spain’s Congress of Deputies...

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...

Spanish Parliament Set to Decide Fate of Crypto Exchanges Regulations


Soure: Adobe/AlekseyIvanov The Spanish parliament is set to vote on a new crypto exchange regulation law in the “second half of 2020” – after the country’s Ministry of Economic Affairs and Digital Transformation announced it was preparing to police the nation’s trading platforms. Per an official...

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