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Russia ‘Suspends’ Crypto Legislation, Blames FAFT Ruling for Delay


The Russian government has postponed the introduction of its planned cryptocurrency regulations – laying the blame for the delay at the feet of the international Financial Action Task Force (FATF). New agency Tass reports that the legislation – which had been slated for a second reading in...

Israeli Court Rules Bitcoin Is an Asset


An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...

Ether Fluctuates Despite Ethereum Foundation 'Refines its Focus'


Price of ether (ETH,) the native token of the Ethereum platform, fluctuates today following the news that the Ethereum Foundation plans to spend USD 30 million on key projects across the ecosystem over the next year. At pixel time (06:04 UTC), despite the fluctuation after the announcement 10 hours...

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