Tue. May 14th, 2024

Category: Regulations

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Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital…

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has…

Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations

According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement…

Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the…

Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA

The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry…

Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says

Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo…