EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as the landmark crypto legislation reaches its final stages. Original Source
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Law
Michael Saylor: New York’s Proposed Bitcoin Law is Damaging to the Environment, Reputation and Economy of the State
Quick summary: Microstrategy CEO, Michael Saylor, has said that the proposed Bitcoin and crypto regulation based on energy use in New York is damaging to the environment, reputation, and economy of the state Mr. Saylor sees the proposed bill as a demonstration of how the law can be manipulated maliciously He has also
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Georgia to Unveil New Cryptocurrency Law by This Fall – Regulation Bitcoin News
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced. Central Bank of Georgia Talks Crypto Regulation With
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Brazilian Senate Approves Cryptocurrency Law Project – Regulation Bitcoin News
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of Congress and signed by President Jair Bolsonaro to be approved as law. The project presented is the result of the
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US needs ‘electronic tokens’ with functionality of cash — Software Freedom Law Center legal director
Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic version of the U.S. dollar.In written testimony for a Thursday hearing of the House Financial Services Committee on digital wallets, Choudhary said the United States needed “a
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Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing – Regulation Bitcoin News
Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement
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Brazil’s Senate approves ‘Bitcoin law’ to regulate cryptocurrencies
Brazil’s Senate has passed the country's first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry. The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become
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EU Agrees on Law to Curb Online Ads, Strip Illegal Content
“What is illegal offline, should also be seen and dealt with as illegal online,” Margrethe Vestager, the EU commissioner responsible for digital issues, said in a video statement after the deal was finalized. “Democracy is back, helping us to get our rights and to feel safer when we’re online,” she
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Binance Denies Allegations It Shared Russian Users’ Data With Law Enforcement
According to Reuters, last April, Binance head of Eastern Europe and Russia, Gleb Kostarev, met with Russia's anti-money laundering agency, Rosfinmonitoring (Rosfin). According to Kostarev's messages reviewed by Reuters, he "consented to Rosfin's request to agree to share client data," telling a colleague he didn't have "much of a choice,"
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Ukraine bans Bitcoin purchases with local currency amid martial law
The National Bank of Ukraine (NBU) continues taking measures to prevent capital outflows amid martial law by enforcing major restrictions on cryptocurrency purchases.The Ukrainian central bank officially announced Thursday a set of restrictions on cross-border operations, prohibiting individuals from buying cryptocurrencies like Bitcoin (BTC) with the national fiat currency, the
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