The government document, published on Wednesday night on the Duma website, says that taxi services, which are popular in Russia and used via mobile apps, will be required to provide FSBs with real-time access to their databases of orders. “This is a very difficult measure
Billionaire Elon Musk, in the midst of the process of buying Twitter, said on Tuesday (10) that he intends to end the permanent ban that the social network imposed on former US President Donald Trump. The Tesla CEO spoke about the topic during an event
The International Monetary Fund (IMF) criticized the Central African Republic’s decision to adopt bitcoin as its official currency, as El Salvador did. The IMF insists that adoption poses legal economic challenges not just for the country but also for the region. The IMF said the
The Central Bank of Argentina banned this Thursday night (5) the offer of crypto-assets, including Bitcoin, by financial institutions in the country. The Argentine BC published a statement entitled “BCRA discourages the offer of crypto-assets by the financial system”, but the body of the text
Residents of Shanghai, China’s largest city with a population of over 25 million, are finding new ways to vent their frustrations and protest the country’s zero-tolerance government-enacted policies to contain the Covid-19 outbreak that require consecutive periods of quarantine. One such resident is Simon Fang,
The country of Xi Jinping has long been waging a bloody war against Bitcoin and other cryptocurrencies. Until 2020, however, the bloodshed was solely of the Chinese government, which failed miserably in all attempts to ban bitcoin in the country. From legal operations against users,
Indonesia will levy a 0.1% tax on transactions involving cryptocurrencies, Reuters reports. The tax will begin to be collected on May 1st and will be of the “value-added tax” (VAT) class, which are imposed in negotiations involving capital gains with commodities. This is an important
On Thursday (31), the European Parliament voted to impose new regulatory measures that essentially ban anonymous cryptocurrency transactions. The vote had been first reported by CoinDesk and, shortly after, was confirmed to Decrypt by Valeria Cusseddu, a consultant to the Committee on Economic and Monetary
India’s parliament passed on Thursday a tax reform law that includes a 30% tax on capital gains from bitcoin and cryptocurrencies. The new guidelines will take effect next Friday (April 1), according to a Coindesk publication. In addition to the capital gains tax, Indians who
On Wednesday, the Securities and Exchange Commission (SEC) of Thailand announced that it will implement a ban on cryptocurrencies as a payment method effective April 1. The regulator said that cryptocurrencies can affect the stability of the financial system, posing risks to the country’s economy.