2023-10-16 13:36 |
The Digital Financial Assets Law will take effect on July 1, 2025.
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The Law Commission of England and Wales has proposed reforming existing laws, especially private property law, to protect cryptocurrency users and maximize the potential of the technology. The post England Law Commission recommends reforming property laws for digital assets appeared first on CryptoSlate.
2022-7-29 00:00 | |
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The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection.
2022-7-29 12:40 | |
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Yuga Labs has been threatened with a lawsuit for “fraudulently promoting” Bored Ape Yacht Club (BAYC) and ApeCoin. The law firm is representing investors who purchased the assets between April and June.
2022-7-25 13:00 | |
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Bitcoin and other types of crypto has just been outlawed in Russia by no less than the commander in chief himself. A Russian legislative support system website said that on Saturday, Russian President Vladimir Putin approved a legislation setting immediate prohibitions on the use of digital financial assets as a payment method in the country. […]
2022-7-16 16:26 | |
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Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions.
2022-7-16 20:00 | |
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The world’s third biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers.
2022-7-1 22:36 | |
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Lawmakers in Russia have approved a draft law potentially removing value-added tax from the issuance of digital assets and cryptocurrencies. The post Russian Lawmakers Approve Draft Law Amending Crypto Taxes appeared first on BeInCrypto.
2022-6-29 21:45 | |
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Albania is reportedly planning to tax income generated from crypto assets from 2023, according to a new draft law. The post Albania Looks to Introduce Crypto Taxation From 2023, Says Report appeared first on BeInCrypto.
2022-6-28 15:00 | |
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The decentralized nature of crypto assets ensures that transactions and activities involving the assets have no third parties interference. This has remained a leveraging feature that decentralized finance uses against its centralized counterpart.
2022-6-9 12:00 | |
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The sponsor of the freshly-passed legislation spoke on Twitter spaces on Thursday afternoon.
2022-4-29 23:02 | |
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The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.”
2022-4-29 22:30 | |
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The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails.
2022-4-26 22:30 | |
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According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue.
2022-4-1 23:00 | |
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The government of Ukraine legalized crypto and digital assets on its territory. Per an official post, the president of the country Volodymyr Zelenskyy signed a law that legalizes transactions with this asset class.
2022-3-18 01:00 | |
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Ukraine’s Ministry of Digital Transformation announced that the country has officially legalized cryptocurrencies after President Volodymyr Zelenskyy signed the new bill “On Virtual Assets” into law on March 16th.
2022-3-18 22:15 | |
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President Zelensky has now signed the Law “On Virtual Assets”, thus fulfilling the final requirement for establishing the legal status of cryptocurrencies in the country
2022-3-16 22:31 | |
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Ukrainian President Volodymyr Zelenskyy legalized crypto in the country, signing into law a bill on virtual assets.
2022-3-16 19:15 | |
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Associate professor of blockchain law labeled the SEC's crypto regulation an "abuse of digital assets"
2022-3-17 17:45 | |
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On Monday, the much-anticipated Markets in Crypto Assets Regulation (MiCA) bill was enacted. It will concentrate on a coordinated strategy to crypto by all EU members. Because of its significant power consumption, the law originally included an indirect provision to prohibit proof-of-work mining.
2022-3-16 22:00 | |
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Власти Дубая приняли закон о виртуальных активах и учредили регулирующий орган. Об этом сообщил вице-президент и премьер-министр эмирата Мохаммед ибн Рашид Аль Мактум. Today, we approved the virtual assets law and established the Dubai Virtual Assets Regulatory Authority.
2022-3-10 14:01 | |
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His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the Dubai Virtual Asset Regulation Law, giving Dubai its first-ever regulations for digital assets. The aim of the Dubai Virtual Asset Regulation Law is to provide an advanced legal framework for governing the virtual assets industry and providing investor protection to enable responsible business growth around […] The post Dubai introduces new virtual asset regulations and creates regulatory authority for oversight appeared first on Invezz.
2022-3-10 13:16 | |
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Dubai’s ruler and vice president Sheikh Mohammed bin Rashid Al Maktoum announced the adoption of a new law that aims to regulate virtual assets such as cryptocurrencies and NFTs. The post Dubai establishes watchdog to regulate virtual assets under first crypto law appeared first on CryptoSlate.
2022-3-10 04:30 | |
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Dogecoin, other crypto-assets accepted for payments by major U.K. law firm: details
2022-2-22 15:08 | |
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The Chainalysis report reveals that about 3. 7% of crypto whales are criminals. The majority of their income appears to come from the Darknet, as they have about $25 billion in total assets.
2022-2-21 00:21 | |
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Ukraine has now legalized Bitcoin and cryptocurrencies after the country’s parliament approved a final reading of the “Law on Virtual Assets” bill. The post Ukraine legalizes Bitcoin as tensions with Russia persist appeared first on CryptoSlate.
2022-2-19 23:00 | |
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Legislators have given their nod to the Ukraine crypto bill, making the use of crypto assets in the country easier as Ukraine teeters on the verge of a military confrontation with Russia. With 272 votes, the Ukrainian parliament gave its thumbs-up for the Law of Ukraine on Digital Assets.
2022-2-18 14:41 | |
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NFTs have come a long way since they first emerged in 2014, and a negative first; a UK law enforcement agency becomes the first UK law enforcement outfit to confiscate NFTs. NFTs and Tax Evasion One of the widely used arguments by crypto and NFT naysayers is that digital assets can be used to launder […] The post UK Law Enforcement Agency Seizes almost $2M worth of NFTs appeared first on NFT News Today.
2022-2-18 10:50 | |
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India is beginning to warm up to cryptocurrencies as it has been given validity under the law. India’s new cryptocurrency rules put digital assets in the highest cadre of taxation. Although the taxes on cryptocurrency are massive, analysts believe that it signals progress.
2022-2-3 23:39 | |
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Since cryptocurrencies have been classified as taxable assets by the IRS and other financial bodies in other countries, you need to pay taxes on them if you want to abide by the law. However, it can be a daunting task to calculate your taxes in the crypto world, especially since they are very volatile assets.
2021-12-30 15:23 | |
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This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets.
2021-12-21 20:10 | |
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Assuming a fix for its troublesome language, the bill might eventually prove a boon — another sign “digital assets are here to stay.”
2021-12-3 19:45 | |
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The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto assets and businesses.
2021-11-27 08:45 | |
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The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates.
2021-10-26 12:05 | |
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Russia seems to be a long way from accepting any cryptocurrency as legal tender. Moscow partially regulated coins and tokens with the law dubbed “On Digital Financial Assets” became legally valid The post Russia's financial watchdog suggests legal restriction on cryptos for this reason appeared first on AMBCrypto.
2021-10-8 01:30 | |
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The trillion-dollar infrastructure bill passed by the Senate and now pending in the House that has an overreaching definition of ‘broker’ also contains an overlooked “digital assets” provision. If this bill becomes law, that would be a disaster, said Abraham Sutherland, an adjunct professor at the University of Virginia School of Law and an adviser […] The post Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy first appeared on BitcoinExchangeGuide.
2021-9-19 16:33 | |
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The Ukrainian Parliament has adopted a draft law legalizing and regulating cryptocurrencies and other digital assets in the country. The post Ukraine adopts draft crypto law even as the IMF sounds alarms appeared first on CryptoSlate.
2021-9-10 07:00 | |
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This is a step in the direction of Ukraine’s plan to open a cryptocurrency market to businesses and investors by 2022. The post Ukraine Passes the Law to Regulate Virtual Assets With Nearly Unanimous Vote first appeared on BitcoinExchangeGuide.
2021-9-9 15:59 | |
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With crypto law, the country seeks to become “compatible with the blockchain, crypto assets, and the internet” along with smart contracts and DAOs. The post LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods first appeared on BitcoinExchangeGuide.
2021-9-9 20:05 | |
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The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets.
2021-8-20 00:10 | |
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The Minhang District Court of Shanghai declared Bitcoin to be a virtual property protected by Chinese law. This isn’t the first time that the court has ruled that cryptocurrency assets should be protected in regard to Chinese regulations on property ownership.
2021-8-18 17:41 | |
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Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1. 2 billion worth of cryptocurrency. The U. S. government started seizing crypto assets during the Silk Road shutdown of 2013.
2021-8-7 20:00 | |
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Institutional funds in Germany would be able to allocate a portion of their portfolio into crypto-assets, following a new law that would take effect in August. Institutional Funds to Hold up to a Fifth of their Assets in Crypto According to Bloomberg on Friday (July 30, 2021), The Fund Allocation Act would come into effectRead More
2021-7-31 21:00 | |
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Germany — Eurozone’s largest economy — might soon be continuing bitcoin adoption as it explores allowing some institutional funds to invest billions of euros into crypto assets for the very first time.
2021-7-31 14:15 | |
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A new law that could potentially result in up to $415 billion flowing into cryptocurrency assets will come into effect on Aug. 2
2021-7-30 09:14 | |
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Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said.
2021-7-8 09:30 | |
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A new law that allows German-based dominant investment funds to invest up to 20% of their portfolio each in cryptocurrency could booster investments in Bitcoin by up to $415 billion. The German Location Act, which was passed by parliament in April, takes effect today.
2021-7-2 22:30 | |
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U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI […]
2021-6-8 02:13 | |
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A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some users to bypass the requirements and […]
2021-5-27 06:30 | |
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Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract.
2021-5-24 09:00 | |
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Robinhood's crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.
The city of Santa Monica, California officially added a “Bitcoin Office” section on its website to bolster industry partnerships and increase employment opportunities. The move comes about a month after the Santa Monica City Council unanimously approved a pilot program…
The U.S. crypto industry's most prominent campaign-finance organization, Fairshake, is going after Sen. Katie Porter (D-Calif.), spending a part of its war chest to try to derail the progressive lawmaker.
A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000.
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal.
AI technology has gained a lot of traction over the past year, with the European Union and the United States already proposing legislation to regulate the nascent tech.