Indian Government Consulting With Central Bank RBI on Crypto — 'There Is Complete Harmony'

Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’

The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto... Read more »
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities,... Read more »
Indian Government 'Constantly Monitoring' Crypto Sector, Says Finance Minister

Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister

India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented... Read more »
Russian Government Approves Plan to Regulate Cryptocurrency

Russian Government Approves Plan to Regulate Cryptocurrency

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight,... Read more »
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The... Read more »
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale... Read more »
US Senator: 'America Competes Act' Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers

US Senator: ‘America Competes Act’ Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers

U.S. Senator Cynthia Lummis says that the recently introduced “America Competes Act of 2022” is a direct attack on the crypto industry. “I will not stand by and let the heavy hand... Read more »
Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament

Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament

The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws... Read more »
Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to 'Regularize' Crypto

Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to ‘Regularize’ Crypto

The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank,... Read more »
Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during... Read more »