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Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency
17.6.2020
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
4.6.2020
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition...
Japanese Finance Minister May be Opposed to Lowering Tax on Crypto
2.6.2020
Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks
Gibraltar Financial Services Minister Talks ‘Staying Ahead’ on DLT
12.5.2020
Gibraltar’s minister for digital and financial services spoke to Cointelegraph about regulating market manipulation in the blockchain sector
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
12.4.2020
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they...
Indian State Ministry Discusses Cryptocurrency Plans With Founders of Crypto Bulls Roadshow
1.4.2020
An Indian state official recently met with the founders of the “India Crypto Bulls” initiative and discussed cryptocurrency development, investment, and innovation in India. News.Bitcoin.com talked to Kumar Gaurav, one of the founders, to find out more about the meeting. Also read:...
Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included
24.3.2020
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
18.3.2020
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This...
Russian Oligarch, Ex-Cabinet Minister Invested in Telegram’s ICO, Court Filing Says
4.3.2020
A Russian oligarch, a former cabinet minister and the COO of fintech Wirecard invested in Telegram’s $1.7 billion ICO a new court document says
Swedish Foreign Minister Urges Ukraine to Investigate $70 Million Bitcoin Fraud
4.3.2020
Swedish government demands answers from Ukraine regarding a Kyiv-based alleged fraud scheme
Australian Minister Slams Gov’t for Weak Response to Ransomware ‘Epidemic’
26.2.2020
Australian Shadow Cybersecurity Minister Tim Watts has criticized the sitting government for its weak response to ransomware
Japanese Finance Minister Urges China to Delay its Digital Fiat
24.2.2020
Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digital fiats – including China.
Bloomberg Japan reports that Aso warned counterparts at a recent G20 summit...
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
13.2.2020
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike...
Open Letter to India's Finance Minister on Crypto Sector Potential
31.1.2020
Sumit Gupta is the CEO of cryptocurrency trading platform CoinDCX, which Gupta co-founded in early 2018.
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An Open Letter to the Finance Minister of India, Nirmala Sitharaman, on the Potential of India’s Cryptocurrency Sector and the Benefits it Presents to the Indian Economy
Dear...
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...
Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App
26.1.2020
India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. News.Bitcoin.com caught up with the award recipient to find out more about her app....
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
24.1.2020
Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice from the country’s Ministry of Finance says