RBI Confirms Crypto Not Banned in India

RBI Confirms Crypto Not Banned in IndiaThe Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in the entities it regulates, such […]

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Russia’s New Prime Minister Has an Opinion of Cryptocurrencies

Russia’s New Prime Minister Has His Opinion on CryptocurrenciesThe Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell, however, whether his plan encompasses the legal use of decentralized […]

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Direct Democracy Party to Solve Issues With Crypto Rights in Russia

Direct Democracy Party to Solve Pending Issues With Crypto Rights in RussiaA new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read: Eastern Europe Sees More Fiat Options for Trading […]

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Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’

Indian Lawmaker Says 'Cryptocurrency Is Inevitable'Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed. Also read: Regulatory Roundup – […]

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New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments

New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for PaymentsThe Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. Also read: Crypto Startups to Get up to […]

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Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

Ukraine in a Rush to Legalize Cryptocurrencies Under ZelenskyThe new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the Ukrainian […]

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Liechtenstein Adopts Token Act to Attract Crypto Business

Liechtenstein Adopts Token Act to Attract Crypto BusinessOne of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. Also read: Turkish Government […]

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Indian Lawmaker Raises Hope of Positive Crypto Regulation

Indian Lawmaker Raises Hope of Positive Crypto RegulationA member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India. His words and […]

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Indian Government Updates Parliament on Crypto Plans

Indian Government Updates Parliament on Crypto PlansThe Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament. Also read: Indian Finance Minister Addresses Crypto Proposal – Industry […]

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Malaysian MP �Concerned About Threat� from Cryptocurrencies to Government Money

Malaysian MP â€�Concerned About Threatâ€� from Cryptocurrencies to Government MoneyLim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do itâ€�. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. Also read: Law Firm: South Africa’s Draft Law Could […]

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