Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges #nft #crypto #bitcoin

Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. Indonesia Plans to Tighten Crypto Regulation Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges, officials from the country’s … Read moreIndonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges #nft #crypto #bitcoin

Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules #nft #crypto #bitcoin

Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into law earlier this year. Ukraine to Transpose European Crypto Regulations Into National Law … Read moreUkraine to Revise Virtual Assets Law in Line With EU Crypto Rules #nft #crypto #bitcoin

Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules #nft #crypto #bitcoin

A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency. ‘Financing Behaviour Prohibited by the Law’ An intermediate court in … Read moreCryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules #nft #crypto #bitcoin