Ukrainian Lawmakers to Decide Bitcoin’s Legal Status

The Ukrainian Cabinet of Ministers on the Financial Stability Board met last week to discuss the issue of cryptocurrency regulation. The participants engaged in a debate about the legal status of bitcoin and other cryptocurrencies. “Everyone understands the importance of blockchain and cryptocurrency as innovative technologies, the importance of developing.

Three People Arrested in Russia for Illegally Trading Bitcoin

Last week, Russian police arrested three men for illegally trading in 500 million rubles worth of bitcoin, or around $9 million worth of the cryptocurrency. Arrests were made approximately 260 miles northeast of Moscow in the city of Kostroma. 

Russia to Ban Selling Bitcoin to Individuals

Russia’s ministry of finance intends to ban selling bitcoins to individuals, the deputy minister of finance Alexei Moiseev stated in his interview with Rossiya-24 news channel.