Tags : Minister

Bitcoin

Norway’s minister of climate Sveinung Rotevatn is a Bitcoin ‘hodler’

Norway’s minister of climate and environment Sveinung Rotevatn sits on a stack of Bitcoin, he revealed in an interview this week. “[It’s] a well-suited store of value,” he said, adding that mining—using powerful computing equipment to validate transactions on and maintain the network—did pose considerable environmental challenges. Going Bitcoin Norway is popularly known for its […]Read More

Regulation

Korean minister says all 200 crypto exchanges in the country

Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. He added officials were further planning to impose taxes […]Read More

Bitcoin

Despite no laws, Indian minister says traders must pay taxes

An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express. The sector exists in a legal grey area in the country, and investors were so far (seemingly) confused about whether to declare their gains […]Read More

Regulation

Why the Russian Prime Minister wants to “protect” Bitcoin and

Russia has enjoyed an on-and-off relationship with cryptocurrencies, with ever-changing regulations and official perceptions fluctuating between periods of yes crypto and no crypto. But a recent speech by Russian Prime Minister Mikhail Mishustin put some light on the why behind the shaky policies. Protect Bitcoin users As per a transcript, the official said that Bitcoin […]Read More