Russia is one of the countries where the issue of cryptocurrencies and its regulatory framework has been very controversial. Just a month ago, President Vladimir Putin gave his approval to the Digital Financial Assets (DFA) law. A reform to legalize bitcoin mining is currently being studied,…
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regulatory framework
Tax policies for cryptocurrencies in the world
The cryptocurrency boom reaches practically every corner of the planet. And just as transactions increase, so does the uncertainty regarding the payment of taxes for said operations.
Countries with a more solid crypto market tend to orient…
PayPal will allow direct sale of cryptocurrencies
The well-known online payment method, PayPal, has announced that it will soon allow its users to buy and sell cryptocurrencies from their platform, directly. The information was released by the European Commission after the company sent a…
Fintech solutions for digital payments
Companies from the payment media sector work together to contribute to economic and social development through digital platforms that will provide solutions to Venezuelans, changing the way of paying and generating successful transactions,…
Amazon to pause facial recognition
Amazon announced a one-year moratorium on its facial recognition technology, during which time its police use is paused with the intention that government authorities deepen the regulation of this technology.
Amazon launched Rekognition in…
BitGO opens two new agencies in Switzerland and Germany
The American company of trust and security of digital assets BitGo, expands its services across the European continent by opening two new custody agencies located in Switzerland and Germany.
The initiative arises as a result of the growing…
Experts analyze benefits of crypto assets and blockchain in business
The cryptocurrencies emerged to stay in the financial market. Thanks to blockchain technology, small and medium-sized investors have opened to the creation of innovative payment systems and have contributed to a higher level of transaction…
G7 focuses on the risks of cryptocurrency such as Libra
Stable cryptocurrencies, such as Libra - Facebook's digital currency - can boost financial inclusion and lower costs, but also boost "serious risks." So they must follow the highest regulatory standards to prevent them from being used to…
Trading with bitcoin is considered illegal in Iran
Transactions with bitcoin in Iran are illegal, according to the statements of Nasser Hakimi, vice governor of the Central Bank of the country, through an interview with a local media.
Hakimi stressed that trading with BTC is illegal in…
Uganda does not have regulations for cryptocurrencies
The deputy governor of the Central Bank of Uganda, Louis Kasekende, declared at the end of June that currently the East African country does not have a regulatory framework for cryptocurrencies. The statement comes as a warning against the…
Montevideo will host the next BitcoinDay 2019
The current business models based on the blockchain technology will be a topic to be discussed in the next edition of Montevideo BitcoinDay this Friday, May 24 in the Mario Benedetti room of the Antel Auditorium.
The event is aimed at all…
Belarus to launch bitcoin mining with atomic energy
In a recent announcement of Belarus President Alexander Lukashenko said that the Eastern European nation wants to create mining farms for cryptographic assets powered by atomic power plant under construction.
The installation is built in…