Legal

russia finance ministry

Russian Minister Confirms Plans to Ban Bitcoin-to-Fiat Conversions

| Yessi Bello Perez

Russia's Deputy Finance Minister has confirmed the country's plans to penalise the conversion of cryptocurrencies such as bitcoin into the ruble.

hands jail

Digital Currency Pyramid Scheme Operators Jailed in Spain

| Yessi Bello Perez

A Spanish court has remanded in custody the alleged operators of a pyramid scheme that used a fake digital currency called ‘unete’.…

canada

Bitcoin Startup Cleared of Breaching Securities Law

| Grace Caffyn

The Financial and Consumer Affairs Authority (FCAA) of Saskatchewan, Canada, has cleared a bitcoin startup of breaching securities law.

FBI: Malware Victims Should Pay Bitcoin Ransoms

| Grace Caffyn

Victims of malware, such as bitcoin ransomware Cryptolocker, should pay off the perpetrators, an FBI agent has advised.

EU flags

European Exchanges React to Bitcoin VAT Exemption

| Yessi Bello Perez

This week's bitcoin VAT exemption in the European Union was well-met by exchange operators.

galore

Bitcoin in the Headlines: VAT Galore

| Yessi Bello Perez

Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact.

bitlicense-report-featured

CoinDesk’s BitLicense Report Now Available

| CoinDesk

CoinDesk's latest research report, available to download now, takes an in-depth look at New York's BitLicense.

Business group

Bitcoin Groups and Law Enforcement Unite to Form Blockchain Alliance

| Stan Higgins

A number of digital currency groups and businesses are partnering with law enforcement agencies on a new public-private discussion forum.

european court of justice

Bitcoin is Exempt from VAT, Rules European Court of Justice

| Yessi Bello Perez

Bitcoin transactions will be exempt from Value Added Tax (VAT), the European Court of Justice (ECJ) has ruled.

ISIL

FATF: Virtual Currencies Could Fuel Terrorism Financing

| Grace Caffyn

Bitcoin may pose a risk for terrorist financing, according to a new report from the Financial Action Task Force (FATF).