It’s Official: UK Grants Bitcoin And Crypto Full Legal Asset Status
According to reports, the UK has put new law on the books that names cryptocurrencies as property under English law. The measure was approved and was given Royal Assent on December 2, 2025. That move turns a long stretch of legal uncertainty into a clear rule about who owns what when it comes to Bitcoin, […]
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Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency in India. Legal Status of Crypto in India Following the finance minister’s announcement to tax cryptocurrency income, the question of whether crypto is now legal or legitimate in India has come up repeatedly. Union Minister of State for Finance Bhagwat Karad, a member of Rajya Sabha, India’s upper house of parliament, reportedly explained Saturday that....
In the end, this is still positive news coming out of Russia. An official acknowledgment of discussions taking place is better than nothing. A few days ago, news broke of Russia slowly taking a more positive stance toward bitcoin. It even seems bitcoin may gain legal status in the country. However, one of Russia’s central bankers is not convinced the outcome will be so positive. Legal recognition of cryptocurrency is not guaranteed, nor should anyone think otherwise. Cryptocurrency enthusiasts are well aware Russia will not embrace bitcoin all of a sudden. It is good to see the central....
As a result of this official document, there is no legal prohibition related to Bitcoin or other cryptocurrencies in Russia. The Bitcoin situation in Russia has taken yet another dramatic turn. But contrary to what most people may expect, this is some positive news for a change. A new document has been released by the government which goes to show Bitcoin is, in fact, legal in the country. Although this change had been rumored for quite some time, the document makes it all official. This particular document is living proof cryptocurrencies are considered legal in Russia. Or to be more....
After a legal framework revamping in 2016, Bits of Gold became the country’s first active company to secure licensing to operate as a virtual asset service.
Web3 Foundation makes another breakthrough as its Grants Program officially signs 302 development projects. The milestone means that Web3 Foundation has funded exactly 100 projects in 2021 alone, as at the time of reporting, with more grants in the pipeline. Web3 Foundation is renowned for its transparency and celebration of grant accomplishments. This comes at the heels of the last milestone in January 2021, when the organization funded 200 projects. Since the program’s inception in December 2018, Web3 Foundation has received a total of 840 applications from teams in over 50 countries.....