India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.” Lawmaker Provides an Update on Crypto Legislation Jayant Sinha, a lawmaker of the ruling Bharatiya…

Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market

Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market

The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses. Ukraine Legalizes Crypto Activities, Defines Virtual Assets Ukraine’s Verkhovna Rada, the country’s…