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Republic of Ireland to Prohibit Political Cryptocurrency Donations

The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European…

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Russia Could Mine Bitcoin and Other Cryptocurrencies to Evade Sanctions, IMF Warns

Russia could use cryptocurrency mining to evade sanctions, according to the IMF. The IMF warned in its new report that sanctioned countries like Russia could use cryptocurrencies and significantly boost…

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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…

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Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate…

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SEC’s Proposal to Amend the Definition of Exchange Violates the First Amendment, Says Coin Center

Coin Center has vehemently pushed back the controversial SEC proposal that sought to redefine the definition of “exchange” within the Securities Exchange Act in a bid to “include systems that…

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After Coinbase, Top Indian Crypto Exchanges Disable Deposits Citing Regulatory Hurdle

Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on…

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Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance…

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Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial

Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance…

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