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Ukraine Passes Law on Money Laundering With Crypto Policy Based on FATF
7.12.2019
Ukraine’s parliament approves a final version of a money laundering law that will handle virtual assets and virtual asset service providers per FATF guidelines
German Banks Allowed to Sell and Custody Crypto Assets From 2020: Report
29.11.2019
From next year, banks in Germany will be allowed to offer the sale and storage of cryptocurrencies under new legislation
Swiss Government Moves to Remove Legal Barriers for Blockchain Development
27.11.2019
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament
South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges
21.11.2019
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements
Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
20.11.2019
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed
Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky
12.10.2019
The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed...
Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners
30.9.2019
A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry
Germany Passes National Policy to Explore Blockchain But Limit Stablecoins
18.9.2019
Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra
Ripple Hires Legal Expert Behind Token Taxonomy Act
4.9.2019
Blockchain payments tech provider Ripple has hired a former political adviser to assist its advocacy efforts with lawmakers in Washington, D.C
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
Iran’s Cabinet Ratifies Bill Recognizing Cryptocurrencies and Mining
5.8.2019
Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Crypto Is Part of Free Speech, and Free Speech Is Everything
29.7.2019
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing...
Montana Passes Bill to Exempt Utility Tokens From Securities Laws
24.5.2019
"Big Sky Country" has gone crypto friendly, with new legislation exempting utility tokens from securities laws
Bahamas Securities Regulator Proposes Rules for Token Sales
17.5.2019
The Securities Commission of the Bahamas is pushing for a new token framework to draw blockchain businesses to the island nation