We continue the series of publications about the legal status of cryptocurrencies in the world. In terms of the degree of freedom, perhaps only Asian countries can boast of an unprecedentedly loyal attitude of the authorities to the issues of regulation of not only Bitcoin, but also other digital currencies. That is why for today’s study we chose Singapore as an example of eastern jurisdictions where the successful development of Blockchain startups has already taken place both de facto and de jure.
The US Marshals Service announced that an auction for 3,800 bitcoin coins will be held on January 22. The total amount of funds received from the auction, according to the exchange rate at the time of publication, could be about $52 million
Approximately one hundred thousand South Korean citizens have signed a petition calling on the government to stop the crackdown on cryptocurrencies and cancel the planned ban bill.
The creator of the Bitcoin cryptocurrency, Satoshi Nakamoto, remains the most mysterious billionaire on the planet. This is one or more people whose identity(s) are unknown to anyone. More precisely, they are not known to the general public. However, we cannot even be convinced that Satoshi has billions.
The Ministry of Finance supports the legalization of cryptocurrency trading on official exchanges. The corresponding norm will be defined in the bill “On Digital Financial Assets,” Deputy Minister of Finance Alexey Moiseev told reporters on the sidelines of the State Duma.
One of the most extraordinary, rare and intriguing domains, XBT.com, will be auctioned by XBT Holding SA. Bidding starts at 200 BTC, which is approximately $2.76 million
Yesterday, the South Korean government said that the plan to ban cryptocurrency exchanges has not yet been finalized. It was also reported that the South Korean Ministry of Justice is working on a bill that would completely ban such exchanges throughout the country, which would significantly complicate the trading of cryptocurrencies.
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