The motion tabled on November 25 by three European Parliament members representing a French right-wing party seeks to grant the right to the EU member states “to exercise stricter controls over all virtual currency exchange transactions and even to prohibit them”.
December 18, a draft code implying penalization of issuance and exchange of, and operation with “money surrogates”, was introduced to the Russian Parliament, the State Duma. Russian authorities were going to equal cryprocurrencies to the said surrogates, and even introduce criminal and administrative punishment for any operations related thereto.
Following the terrifying massacre and bombings in Paris last month, the French government started insisting on restricting or even banning several technologies facilitating anonymous money transfers, including digital currencies.
Interest towards blockchain in Russia continues growing, while bitcoin still faces the perspective of banning. Russian Ministry of Finance confirmed its intent to ban cryptocurrency in an exclusive comment to ForkLog.
U.S. Securities and Exchange Commission has approved the application from Patrick Byrne’s renowned company Overstock to issue its securities online via a blockchain-based technology. This might be an evidence of a substantial paradigm shift for the authorities’ stance as to anything related to crypto-space. According to the documents available to.
According to the recent ruling by the Kenyan High Court, local operator Safaricom servicing M-Pesa will not have to provide access to bitcoin startup BitPesa. Though the case is far from being dismissed, the current ruling would prolong the service’s inability to operate as is. Last month, the mobile payments.
Jamie Smith who had previously worked at the White House as the president’s special assistant has taken the position of Bitfury’s head of global communications department.
Former Deputy Minister for Finance of Russia: Bitcoin is the Biggest Financial Breakthrough in Fifty Years
Alexei Savatyugin, former deputy minister for finance of Russia called cryptocurrency the biggest financial and economic breakthrough in last fifty years. He stated that in an interview to publication The Banker. In addition, he noted that there were not many revolutions of that kind in the history of the civilization.