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Indian Parliament Unlikely to Discuss Crypto Bill During Budget Session - Finance Minister
3.2.2022
The vivid debate surrounding India’s forthcoming crypto legislation has taken another turn as the country’s Finance Minister Nirmala Sitharaman announced that the bill is unlikely to be discussed during the parliament’s ongoing budget 2022 session that is to end on April 8.
Sitharaman...
China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects
3.2.2022
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance.” China...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government
2.2.2022
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw...
Russian Finance Ministry Says Crypto Regulation Compromise Coming ‘Within a Month’
2.2.2022
Moscow has also set itself a new deadline on crypto regulation, claiming that it will broker a consensus on the matter “within the space of a month.”
“Everything is happening actively in the government. I think that some kind of decision will be taken quickly. My expectation is that [the...
Bitcoin, Ether, and NFTs will 'never become legal tender' in India, says Finance Secretary
2.2.2022
"You can buy gold, diamond, crypto, but that will have not have the value authorization by government," said T.V. Somanathan
Laundering NFTs, Circling Crypto Ads, Cardano Gets Extra Space, Euro Inflation Heats Up + More News
2.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Laundering NFTs, Circling Crypto Ads, Cardano Gets Extra Space, Euro Inflation Heats Up + More News
Vale Diem: How Facebook’s ambitious stablecoin project came to an end
2.2.2022
It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart
India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation
2.2.2022
India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto...
Why did WazirX token WRX jump 30% after India announced its big crypto tax?
2.2.2022
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area
India Still Debates Crypto Regulation - Finance Secretary
2.2.2022
Crypto regulation in India is still an ongoing debate, the country’s Finance Secretary T. V. Somanathan stressed, noting that, for now, cryptoassets are not illegal and are treated as gambling.
“The government’s approach is to consult widely and also to look at what’s happening...
Colombia clamps down on crypto tax evasion as adoption thrives
2.2.2022
Colombia’s tax authority is tightening the screw on Bitcoin and cryptocurrency-related tax evasion against a backdrop of burgeoning cryptocurrency adoption
India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI
2.2.2022
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-23, Indian Finance Minister Nirmala Sitharaman said during her budget speech. RBI’s...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender
2.2.2022
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is going to make us do anything, anything at all.”...
SEC's proposed rule on exchanges could threaten DeFi, says Crypto Mom
1.2.2022
“The proposal includes very expansive language, which, together with the chair’s apparent interest in regulating all things crypto, suggests that it could be used to regulate crypto platforms,” said Hester Peirce
New York gubernatorial candidate calls for moratorium on proof-of-work mining
1.2.2022
Politicians and activists have often targeted crypto mining operations around Seneca Lake due to the presence of Greenidge Generation's plant
MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + More News
1.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + More News
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
1.2.2022
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these...
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
1.2.2022
MicroStrategy bought significantly less BTC in January than in previous months, according to official data
Russia houses $200B worth of crypto, Kremlin estimates
1.2.2022
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021
Central Bank of Jordan Exploring the Possibility of Launching a CBDC
1.2.2022
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventually be allowed in Jordan once the necessary...