Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Cr...
The Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by the country’s parliament, the Verkhovna Rada, the bill that seeks to criminalize such wrongdoing passed with 283 votes. The proposal aimed at imposing jail times and fines on offenders. The bill details show that the authorities....
Related News
Ukrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto economy. The bill, which was first passed last year, was later returned to the legislature by President Volodymyr Zelensky who requested some changes.
Majority of Ukrainian Deputies Back Law ‘On Virtual Assets’
Verkhovna Rada, Ukraine’s parliament, has adopted new legislation that will govern crypto activities in the country, a leader in Eastern Europe in terms of cryptocurrency adoption. A sizable majority of 272 out 365 voting members....
Ukraine's parliament has approved the first version of a draft cryptocurrency bill, bringing regulation of the industry a step closer.
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv but the government wants the legislation passed before the parliament’s summer break. Draft Law Proposes Regulations for Cryptocurrencies in Ukraine Ukrainian lawmakers have revised the draft law designed to regulate the country’s expanding crypto space. The deputies have introduced....
After months of anticipation, Brazil has finally passed a bill establishing the country’s crypto framework. Before President Jair Bolsonaro puts the bill into law, it must be approved by the Chamber of Deputies. By the end of 2022, it is expected to be operational. Brazil’s Senate Passes Bill Into Law The most populous country in […]
Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions. Russian President Vladimir Putin has signed a bill into law prohibiting digital financial assets as payments more than a month after it was introduced to the country’s lower chamber of Parliament.In a Thursday update, the Russian State Duma noted that Putin signed a bill suspending certain parts of an existing federal law “on banks and banking activities,” effectively making it illegal for people to use cryptocurrencies....