Bulgaria News

The Republic of Bulgaria is a southeast European country with an area of 110,000 square kilometers and a population of over seven million people. Bulgaria has a free market with a dominant private sector. The main industries of the Bulgarian economy are electricity, food products, machinery, equipment, chemical products and refined petroleum. Bulgaria is a leading country of Balkan region in terms of IT and scientific development. Bulgarian Bitcoin regulations are not specific. The authorities of Bulgaria don’t consider Bitcoin to be legal tender and don’t regulate it. Bulgaria has a Bitcoin tax that is 10 percent of profit made with Bitcoin. Bulgarian Bitcoin mining is also unregulated. However, Bulgarian banks and authorities are not welcoming to cryptocurrencies. In late 2017, Bulgarian banks blocked the Bitcoin exchanges’ accounts that were opened in the country, and in May 2017, a series of raids performed by law enforcement of Bulgaria seized over 213,000 Bitcoin.
A blockchain platform is hoping to tackle inflationary prices in event tickets by uniting attendees and organizers through its specially created platform.
Blockchain Platform Believes It Is the ‘Golden Ticket’ for Saving the Live Events Industry
Connor Blenkinsop
Hodler’s Digest
In this week’s Hodler’s Digest, Jay Clayton may not consider ETH to be a security, but the CBOE is over BTC futures contracts for now.
Hodler’s Digest, March 11–17: Top Stories, Price Movements, Quotes and FUD of the Week
Molly Jane Zuckerman
А U.S. District Attorney has charged the founders of a crypto pyramid scheme that involved the marketing of a fraudulent digital currency “OneCoin.”
US District Attorney Charges OneCoin Founders With ‘Billions’ in Alleged Fraud
Ana Alexandre
U.K.’s Financial Conduct Authority has warned the public against illicit Bulgaria-based Next Coin, which claims to be FCA-authorized.
UK Financial Watchdog Warns Against Firm Claiming to be Authorized With FCA
Helen Partz
The Bulgarian National Revenue Agency has announced the launch of inspections of cryptocurrency-selling companies.
Bulgarian Revenue Agency Announces Inspection of Cryptocurrency-Selling Companies
Adrian Zmudzinski
Bulgarian Gendarmerie forces and specialized prosecutors have arrested three hackers allegedly involved in stealing $5 million in crypto.
Bulgarian Prosecutors Detain Three Hackers Allegedly Involved in $5 Million Crypto Theft
Helen Partz
A Chinese county procuratorate has prosecuted the last four suspects reportedly involved in ponzi scheme OneCoin.
Chinese Prosecutors Charge Final Suspects In $2.3 Bln OneCoin Investigation
Molly Jane Zuckerman
Seizure of Crypto, what governments and police do with arrested Bitcoins.
Crypto Auctions: Where Do Arrested Bitcoins End Up?
Robin La Quercia

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