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Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds


A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third of the respondents support the central bank’s proposal while an equal number of participants in...

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils


A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other...

Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence


The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in...

IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’


A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because...

Romania, Latvia Mull Changes To Crypto Regulations, Taxes


  Romania and Latvia are among the latest European countries to launch analytical work on updating their respective regulations for the cryptoasset and blockchain industry. In Romania's case, this could potentially mean increasing national taxes on crypto-related operations and transactions....

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