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El Salvador’s Impact Hits Tonga As Parliament Member Wants Bitcoin Accepted As Legal Tender

El Salvador’s adoption of Bitcoin as legal tender has sparked a fire that has now also reached the small island nation of Tonga. Similar to El Salvador, in the Kingdom of Tonga, as it is officially known, a member of the parliament has revealed plans to propose a bill that will make Bitcoin legal tender. […] дальше »

2021-10-6 21:46


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Indian Government Review Bill That Proposed Ban on Cryptocurrencies

It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More дальше »

2021-6-17 19:00


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India Is Scoring Big On The Crypto Front Despite Looming Government Crackdown

In the past few days, there has been a rapid pace of developments on the cryptocurrency front in India. These developments make the cryptocurrency story in India queerer. Background Earlier this year, the central government was planning to bring a bill in the parliament to ban cryptocurrencies and introduce necessary policy frameworks for the launch […] дальше »

2021-4-18 22:37


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Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase

Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading […] дальше »

2021-2-9 17:05


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Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session

The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s parliament. дальше »

2021-1-30 12:05


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Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy

The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […] дальше »

2021-1-14 10:30


China’s Civil Law Could Enable Citizens to Inherit Bitcoin

China’s Inheritance Law might soon be updated to include internet property and cryptocurrency, including Bitcoin. The draft bill is currently being reviewed by the government. New Inheritance Law to Be Part of China’s First Civil Code, and It Could Impact Bitcoin Recently, the Chinese parliament revealed the draft of its first civil code, which includes the protection of civil rights like property, personality, contract, marriage, infringement, and inheritance. дальше »

2020-5-26 19:11


Albania’s Parliament Approves ‘Comprehensive’ Crypto Bill into Law, Joining France and Malta

The bill was first introduced to Albania's Committee of Economy back in 2019 in a bid to create legislation around crypto activities. Dubbed the ‘law on Financial Markets Based on the Technology of Distributed Ledgers', it was approved yesterday with a majority of 88 votes against 16 with only 3 in absentia. The New Albania […] дальше »

2020-5-23 18:54


Russian Economic Ministry To Create Crypto And Blockchain Regulatory Sandboxes In New Bill

The Russian Federal Ministry of Economic Development has proposed new legislation that seeks to legalize crypto as well as blockchain-based initiatives through a special regulatory framework. The Ministry of Economic Development has already crafted and introduced a draft legislation to the State Duma, Russian Parliament, in a bid to enable the testing of blockchain and […] дальше »

2020-3-25 23:44


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Russia Proposes Legalizing Crypto For Regulatory Sandboxes

Russia’s Ministry of Economic Development has proposed a bill on “regulatory sandboxes” that seeks the legalization of blockchain and cryptocurrencies, according to local media agency Izvestia. Sandbox Participants Will Be Exempted From Certain Requirements The bill on “regulatory sandboxes” was submitted last week to the State Duma (Russia’s parliament). дальше »

2020-3-25 19:41


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This Country is Now Open to Global Crypto Exchanges Expanding Locally

With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2019). дальше »

2020-1-28 12:31


Why Bitcoin Adoption May Spike if Australia’s Proposed “Cash Ban” Activates

People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being considered by the Australian Parliament; if passed, the bill is likely to drive citizens away from traditional financial institutions and towards decentralized cryptocurrencies like Bitcoin. дальше »

2020-1-14 21:00


India: Cryptocurrencies are not prohibited in India, says MoS for Finance and Corporate Affairs

The Indian cryptoverse lacks clarity on the government’s take on cryptocurrencies, after another alleged draft of the cryptocurrency bill circulated on social media. However, the community remained in good spirits and finally, found some relief after the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, responded to a few questions in Parliament. дальше »

2019-7-19 18:45