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Montana’s ‘right to mine’ crypto bill moves closer to passing as law

[Feb 23, 2023 11:41 PM] The bill seeks to enshrine crypto miners’ rights and will still have to pass muster in the states House before its signed into law by the governor.

'Unworkable' bill to ban blockchain immutability is introduced in Illinois

[Feb 19, 2023 11:36 PM] Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen.

Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets

[Feb 17, 2023 5:00 PM] A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with…

Mississippi, Missouri Lawmakers Introduce Bills To Protect The Rights To Mine Bitcoin And Run A Node

[Jan 20, 2023 12:10 PM] Committees from both states will soon vote on bills that would provide a variety of protections for Bitcoin mining operations and node runners.Lawmakers from the U.S. states of Mississippi and Missouri have introduced bills that seek to legally…

Bill on Digital Ruble Submitted to Russian Parliament

[Jan 1, 2022 1:00 AM] A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to…

Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers

[Dec 25, 2022 12:30 AM] Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data…

Russian Parliament Postpones Adoption of Crypto Mining Bill

[Dec 24, 2022 2:30 AM] Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in…

Russia Cracking Down on Crypto Miners Minting in Residential Areas

[Dec 14, 2022 6:30 AM] Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to…

Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported

[Dec 10, 2022 5:30 AM] The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal…

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

[Dec 8, 2022 1:00 AM] Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry…

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

[Nov 23, 2022 8:00 AM] A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a…

El Salvador Takes First Step To Issue Bitcoin Volcano Bonds

[Nov 22, 2022 9:32 PM] A digital securities bill has been presented to El Salvador’s Congress, paving the way for the issuance of bitcoin-backed bonds.El Salvador’s Minister of the Economy Maria Luisa Hayem Brevé submitted a digital assets issuance bill to…

Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

[Nov 19, 2022 5:00 AM] Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted…

Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight

[Nov 11, 2022 4:30 AM] The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing…