Law

This marks the world's largest-ever cryptocurrency seizure by law enforcement.

Coinidol.com, the world blockchain news magazine has received a request from the Gosai Law firm to remove Dan Khomenko's name from the article.

The United Kingdom has declined to implement a European Union rule requiring EU governments to monitor transactions on non-hosted digital wallets. The UK preferred to monitor transactions above a certain minimum amount to ensure compliance with financial regulations.

A cryptocurrency community has sued both the US Treasury Department and IRS over allegations of financial espionage against its members. The crypto community claims that Section 6050I's reporting requirements violate its rights. According to the group, Section 6050I violates both the First Amendment and the Fifth Amendment to US laws.

The Russian Energy Ministry confirms that mining cryptocurrencies is not part of daily needs. Therefore, there is no way for miners to benefit from residential electricity rates.

On November 17, the Russian Federal Security Service (FSB) raided the office of a suspected illegal cryptocurrency exchange in a business center in St. Petersburg.

Representatives of the Liberal Democratic Party of Russia plan to submit a draught law on the regulation of cryptocurrency mining. They also suggest setting up a working group with representatives of various government committees to discuss the issue.

On October 25, US and Ukrainian intelligence agencies wrapped up a joint operation to uncover a gang of money launderers who used cryptocurrency to legalize money for hackers on the darknet.

Belarus' Public Accounts Committee is accusing foreign actors of funding unrest and protests inside the country. Now the committee is arguing that these actors are using a local cryptocurrency exchange to transfer funds to protesters.