Category: parliament

Russian Parliament Votes on Bill Opening Door for Digital Ruble

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…

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

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…

Russian Parliament Postpones Adoption of Crypto Mining Bill

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…

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

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…

Russia Prepares to Create Government-Controlled Crypto Exchange

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…

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins…

New Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament

A draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian…

Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part…

Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese…