Brazil passes law to legalize crypto as a payment method
The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted.
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Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.
Not like China: Hong Kong reportedly wants to legalize crypto trading
Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements.
Kazakhstan ready to legalize crypto as Russians flock to the country
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities.
Bank of Russia agrees to legalize crypto for cross-border payments: Report
Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.
Malaysian deputy finance minister responds to proposal to legalize Bitcoin
Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn't want to adopt crypto for payments.
Malaysian comms official calls the state to legalize crypto and NFTs
Malaysia’s finance minister previously warned that crypto payments were illegal as they did not meet the universal characteristics of money.
Crypto tax doesn't legalize trading, says Indian tax department chief
The Indian tax department head said crypto taxation will help the department evaluate the exact depth of the digital asset market.