Auto Added by WPeMatico

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the…

Continue ReadingPortuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal

A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds…

Continue ReadingNo Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal

Draft Law About NFTs Submitted to Russian Parliament

Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own…

Continue ReadingDraft Law About NFTs Submitted to Russian Parliament

Trade Minister Expects Russia to Legalize Cryptocurrency

Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced…

Continue ReadingTrade Minister Expects Russia to Legalize Cryptocurrency

Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party…

Continue ReadingProposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals

The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures,…

Continue ReadingEuropean Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals

UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto…

Continue ReadingUK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

Bill Regulating Crypto Mining Submitted to Russian Parliament

A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction…

Continue ReadingBill Regulating Crypto Mining Submitted to Russian Parliament

Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing

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…

Continue ReadingRussian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing

Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments

Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by…

Continue ReadingBill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments