Auto Added by WPeMatico

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have…

Continue ReadingRussian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?

A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols.

Continue ReadingStealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?

America COMPETES Act passes House without ‘disastrous’ provision on crypto

A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter…

Continue ReadingAmerica COMPETES Act passes House without ‘disastrous’ provision on crypto

Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While…

Continue ReadingDemand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

US lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

House Representative Suzan DelBene, introducing the latest iteration of the bill, said the United States needs to "ensure that our tax code evolves with our use of virtual currency."

Continue ReadingUS lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report

Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office…

Continue ReadingMajor Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report

Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

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…

Continue ReadingRussians Own $215 Billion in Crypto Suggests Estimate Attributed to Government