India to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses

The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped up efforts to influence the government’s final…

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Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status

Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation to free crypto-fiat transactions from…

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Bipartisan Bitcoin Bills to Step up Consumer Protection in the U.S.

Economy & Regulation Two United States congressmen have introduced two pieces of legislation to help prevent alleged cryptocurrency price manipulation while aiming to position the U.S. at the forefront of innovation within the digital asset industry. Also read: Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx Protection From Price Manipulation The…

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South Korean Regulators Discuss Proposals for ICO Legislation

Regulation Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also…

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Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading

Economy & Regulation Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of the decentralized electronic cash. They have many options to get involved…

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Russia Now Has a Registry of Whitelisted Crypto Companies

Services The Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created…

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South Korean Lawmakers Draft Bill to Legalize Some Initial Coin Offerings

Regulation A group of South Korean lawmakers is working on a bill to legalize initial coin offerings (ICOs), providing they meet certain conditions under the supervision of the government. Meanwhile, the current ICO ban in the country has driven many domestic corporations to raise capital overseas. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space…

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