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UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

[Sep 11 5:06 PM] The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law…

Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks

[Sep 11 5:30 AM] Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although…

Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia, Despite 'Healthy' Regulator Talks

[Jul 31 12:04 PM] Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told…

German MP urges government to stop ‘hasty’ Bitcoin sell-off

[Jul 4 7:30 PM] German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

[Oct 30, 2023 1:04 PM] The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.

Slovakia to Lower Tax on Income From Crypto Holdings

[Jun 30, 2023 4:30 PM] Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians…

European Banks to Disclose Exposure to Crypto Assets

[Jun 29, 2023 3:00 PM] Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the…

South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report

[May 23, 2023 4:42 AM] The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules

[Apr 21, 2023 8:00 AM] Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply…

Russian Parliament Votes on Bill Opening Door for Digital Ruble

[Mar 18, 2023 1:30 AM] Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the…

French central bank governor pushes for crypto licensing ahead of EU laws

[Jan 5, 2023 8:17 PM] The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."

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…

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…

Russia Prepares to Create Government-Controlled Crypto Exchange

[Nov 24, 2022 8:30 AM] Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in…