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.
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.
Regulators in China have banned all initial public coin offerings (ICOs) pending a review and the possible introduction of regulations to control the booming market.
The chief internet advisor to Russian President Vladimir Putin has announced the creation of a new association focused on blockchain and cryptocurrency.
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.
BTC-e operators have made an announcement confirming the platform is preparing for re-launch.
German Sterligov, an eccentric Russian entrepreneur, has launched a cryptocurrency exchange named CryptoSterlingClub Alice.
Burger King’s Russian division has announced it is now offering Whoppercoin, its own cryptocurrency named after the signature burger serves by the company.