Laws

Crypto Startups to Get up to $75,000 From the Government of Ukraine

</header> <strong>Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will be distributed by the end of the year. …

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Senate takes another stab at privacy law with proposed COPRA bill

Enlarge / Sen. Maria Cantwell during a Senate Finance Committee hearing on Aug. 22, 2018. Al Drago | Bloomberg | Getty Images Perhaps the third time’s the charm: a group of Senate Democrats, following in the recent footsteps of their colleagues in both chambers, has introduced a bill that would impose sweeping reforms to the …

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New bill would create Digital Privacy Agency to enforce privacy rights

Enlarge / Chairwoman Anna Eshoo, D-Calif., conducts a House Energy and Commerce Subcommittee on Health markup on Thursday, July 11, 2019. Tom Williams | CQ Roll Call | Getty Images Congress is taking yet another stab at addressing the near-complete lack of federal laws covering the absolutely massive trove of data that companies now collect …

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More Nations Join the Club of Crypto-Friendly Jurisdictions

</header> <strong>Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. </strong> Also read: Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky Executives View Regulations as the Biggest …

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Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

</header> <strong>After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by W</strong><strong>estern sanctions, needs alternative sources of …

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Changes Afoot for Philippine Crypto-Friendly Economic Zone

<header class=”article__header”> </header> <strong>The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, …

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EU Members Adopt Tougher Crypto Rules Than AML Directive Requires

</header> <strong>Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive …

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SEC Commissioner: US Could Draw Crypto Policy From These Countries

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing applicable crypto frameworks of several countries.</strong> Also read: G20 Leaders Issue Declaration on Crypto …

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5 Major Indian Laws That Apply to Cryptocurrency

<header class=”article__header”> </header> <strong>India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. News.Bitcoin.com talked to one of the authors of the report to uncover more details. Meanwhile, the Indian government is currently finalizing regulations specific to crypto assets.</strong> Also read: Indian Supreme Court …

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Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains

</header> <strong>The long-awaited rules on crypto assets recently published by the central bank of Mexico have caused quite a stir. A local cryptocurrency exchange’s CEO explains to news.Bitcoin.com that “the impact goes beyond the crypto industry.” Calling it “a disaster,” he asserts that the people within the central bank “have really shown their ignorance” about …

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