Ukraine Set to Recognize Cryptocurrencies as a Financial Instrument

Ukraine moved closer to regulating Bitcoin and other cryptocurrencies as financial instruments after head of the National Securities and Stock Market Commission (SSMCS) Timur Khromaev said the corresponding bill could be submitted for the Parliament’s consideration by the end of 2018 or early next year.

Russian Digital Law Bill Will Not Legalize Cryptocurrencies

A draft bill aimed at protecting the rights of cryptocurrency owners while also regulating them in line with Russian laws was introduced to parliament in March with the biggest expectation being the legalization of cryptocurrency payments. However, as local media outlets report, the expectation of making digital currencies legal tender may not come to pass.

The Reserve Bank of India Bans Regulated Entities From Dealing In Virtual Currencies

India virtually banned cryptocurrencies like bitcoin with the Reserve Bank of India barring regulated entities from providing services to any individual or business dealing in digital currencies.

Russian Authorities Prepare Controversial ICO Regulations

Russia’s Ministry of Telecom and Mass Communications (MinComSvyaz) has prepared guidelines for Initial Coin Offerings (ICOs). The document, however, has already become target for heavy criticism.

Russia to Legalize Cryptocurrency Trading on Approved Exchanges

Following the presentation of a drafted bill to place regulations on the usage of cryptocurrency in Russia on December 28, a list of approved cryptocurrency trading platforms is being developed by the Russian Ministry of Finance.

Ukraine’s Financial Regulators Support Introduction of Regulatory Framework for Cryptocurrencies

Ukraine’s National Bank, the National Commission for Securities and Stock Market, and the National Commission on Finance Services Market Regulation have supported the initiative to legalize cryptocurrencies in Ukraine.

Russia’s Stance Towards Cryptocurrencies Remains Ambiguous

Speaking at the state-owned TV channel Russia 1, the country’s finance minister Anton Siluanov has stated that bitcoin will not replace ruble for internal settlements.

Ukraine’s Finance Minister Says Cryptocurrencies Will Not Be Banned

Ukraine’s finance minister Oleksandr Danyliuk insists cryptocurrencies will not be banned in the country even though its legal status is yet to be determined.

Ukrainian Parliament to Review a Bill Recognizing Cryptocurrencies a Financial Asset

Ukraine’s parliament, the Verkhovna Rada, will review an alternative cryptocurrency bill. It’s the second bill focused on cryptocurrencies in the last few days, this time registered by Sergey Rybalka, a parliament member from the Radical Party.

Ukraine Presents Cryptocurrency Regulation Bill

Ukraine’s parliament, Verkhovna Rada, will review a bill on cryptocurrency regulation. The paper has been published at the parliament’s official website.

Russia’s Putin Says It’s Important not to Pile up Too Many Barriers in Cryptocurrency Regulation

Russia’s president Vladimir Putin has stated that introduction of digital technologies in finance shall be subject to a thorough discussion to avoid cryptocurrency-related risks.

Russia’s Central Bank to Create Its Own Cryptocurrency Instead of Legalizing Bitcoin

Elvira Nabiullina, the head of Russia’s Central Bank, has once again spoken against legalization of cryptocurrencies in Russia, however, she conceded that they could create a national digital currency based on blockchain technology.