online resources

Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework

Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s failure to comply with an earlier plea for industry players to register. Terrorism Concerns Furthermore, in a recent report—which quotes Sydney Asubo the FIA executive director—the financial intelligence body explains why it wants the Ugandan government’s involvement in crafting the regulation. The report states: Virtual assets service providers are now in category 16 of the most vulnerable to terrorism financing and…

Continue Reading Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework

Russia’s Parliament Changes Its Mind, Might Not Criminalize BTC

Russia’s parliament is discussing a new version of the initial legislation on cryptocurrencies according to a new report and this time the State Duma might not criminalize Bitcoin and put users in jail for using it. In our Bitcoin news today, we find out more about their decision. Following the latest reports about Russia’s Parliament, it seems that they might introduce new legislation that will not criminalize the crypto usage as the new documents show that the country is reviewing the updated version of the “Digital Financial assets” bill which aimed to put Bitcoin users behind bars. The members of…

Continue Reading Russia’s Parliament Changes Its Mind, Might Not Criminalize BTC

End of content

No more pages to load