Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000…
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Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and…
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws.
Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power
Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto…
CFTC Commissioner Kristin Johnson touts DCCPA bill in market risk advisory meeting
The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening.
Russia Starts Developing Mechanism for International Crypto Payments
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry…
Moscow Exchange Suggests Issuing Crypto Receipts for Those Afraid of Blockchain
The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready…
Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are…
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s…
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