Russian Crypto Mining Legislation Faces Further Delay, Says MP

Russian Crypto Mining Legislation Faces Further Delay, Says MP

Last updated: July 1, 2024, 23:00 EDT | 2 min read Russian lawmakers have conceded that a much-vaunted draft law to legalize industrial crypto mining is set for a further delay. The... Read more »
Norway Takes Aim at Crypto Mining: Introduces Legislation to Regulate Data Centers

Norway Takes Aim at Crypto Mining: Introduces Legislation to Regulate Data Centers

Norway has taken a significant step towards regulating its data center industry, with the introduction of new legislation that aims to restrict energy-intensive crypto mining in the country. The move comes as... Read more »
Virginia State Senate introduces crypto legislation

Virginia State Senate introduces crypto legislation

The Virginia State Senate has introduced legislation addressing the mining and transactions of digital assets, along with their tax treatment. Senate Bill No. 339 (SB 339), proposed by 34-year-old Senator Saddam Azlan... Read more »
Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision

Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision

Source: Pexels The Financial Services and the Treasury Bureau (FSTB), and the Hong Kong Monetary Authority (HKMA) have jointly introduced a public consultation paper outlining a legislative proposal to regulate issuers of... Read more »
Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation

Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation

Source: Adobe / Husamex Turkey is taking steps to toughen its crypto regulations in an effort to convince the Financial Action Task Force (FATF), an international financial crime watchdog, to remove it... Read more »
Legislation To Curb Crypto Carbon Emissions Falls Flat In Pennsylvania House

Legislation To Curb Crypto Carbon Emissions Falls Flat In Pennsylvania House

State Representative Greg Vitali (D-166) introduced House Bill 1476 in June to address environmental concerns associated with crypto asset mining facilities in Pennsylvania. The proposed law would create reporting requirements for data... Read more »
South Korean regulator outlines steps to enhance digital asset legislation

South Korean regulator outlines steps to enhance digital asset legislation

South Korea’s Financial Supervisory Service (FSS) is preparing regulations to supplement the Virtual Asset Users Protection Act passed earlier this year, according to local reports. New regulations should be ready by January,... Read more »
Proposed Legislation Aims to Regulate Digital Assets’ Energy Use | Husch Blackwell LLP

Proposed Legislation Aims to Regulate Digital Assets’ Energy Use | Husch Blackwell LLP

On June 6, 2022, United States Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) launched the first major bipartisan bill intended to regulate digital assets. Interestingly, the invoice calls for extra info... Read more »
NYC Mayor Eric Adams speaks out against PoW mining ban legislation

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a invoice only one step away from successfully banning Bitcoin mining within the state for the subsequent two years.... Read more »
Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation

Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation

Source: Adobe/Yury and Tanya   Crypto regulation is probably going to come sooner reasonably than later in Russia, main politicians hope – with the ruling United Russia get together throwing its weight... Read more »