Just some days ago, Russia announced the creation of its own cryptocurrency named CryptoRuble. In this cryptocurrency craziness, Moscow seems ready to plan a strategy to create the Moscowcoin, the cryptocurrency of the city. Indeed, Kazakhstan also wants to issue its own virtual currency not to lag behind other countries.
The last week, the Parliament of Australia passed a bill that eliminates double taxation on cryptocurrencies. The bill is backdated to July 1st, 2017. In this way, Bitcoin will get the same treatment as foreign currency in Australia.
In its intention to regulate cryptocurrencies, Russia is thinking about creating a Crypto-Detective agency. The finality of this institution is to collect information about future Russian Initial Coin Offerings (ICOs). The presentation of the agency took place at a meeting of the State Duma Financial Market Committee.
The decision comes after the announcement that the company did on August the 11th regarding the situation. “We are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017”, the company Bitfinex communicated.
Astana International Finance Centre (AIFC), a government-supported agency, said that it signed a partnership to develop a national cryptocurrency. Is not the first country that has proposed to create its own cryptocurrency, Russia announced it some days ago.
Bitcoin price crossed the $6000 barrier around 3pm GMT after days of being traded between $5100 and $5930. At the moment Bitcoin is traded around $6030 and $5920.