2019-8-8 23:17 |
A U.S. lawmaker has introduced a bill that, once law, would free up cryptocurrencies from double taxation under current regulations
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Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry.
2019-8-5 12:20 | |
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From the beginning of August, all Brazilian civilians have to report their crypto transaction to the Department of Federal Revenue (RFB). The Bill to do so was introduced as Normative Instruction No.
2019-8-2 17:42 | |
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There is a group of Democratic Minnesota House Representatives that do not want cryptocurrency donations for political campaigns. The Minnesota House Bill 2884 that was introduced by a group of democratic representatives wants to outlaw donations in cryptocurrencies.
2019-6-26 00:27 | |
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A bipartisan bill introduced today asks that platform's with more than 100 million monthly users disclose what data is collected, how it is used, and to provide the monetary value of that data once every 90 days.
2019-6-24 18:47 | |
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By CCN Markets: In a legislative move that only Bizarro World could love, the New York State Senate has passed a bill that makes possession of a flamethrower for recreational use a crime. The bill now moves to the Assembly.
2019-6-22 00:00 | |
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Ten federal officials introduced a draft bill with the Chamber of Deputies in Brazil. If passed, public administrations would have to use emerging technologies to improve public services. As blockchain technology grows in its use cases, governments around the world are making sure to capitalize on it.
2019-6-13 14:00 | |
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Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.
2019-5-17 18:34 | |
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Indian crypto market faces another strong blow as Coinome exchange announced that it will be shutting down business from May 15, Quartz reported May 10, 2019. Third Major Crypto Business to Fall to Unfavorable Regulations The recent bill introduced by the Indian government that proposes a blanket ban on cryptocurrencies has had a far-reaching effectRead MoreRead More.
2019-5-11 01:00 | |
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It’s not often that politicians tell the truth, the whole truth and nothing but the truth. But US Congressman, Brad Sherman, yesterday introduced a bill to ban bitcoin basically because it erodes the US government’s power internationally.
2019-5-10 13:00 | |
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By CCN. com: A bill introduced this week in the Ohio House of Representatives urges government entities to adopt blockchain, the technology underpinning bitcoin. Republican state representative Rick Carfagna sponsored the bill.
2019-4-27 22:03 | |
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The Indian inter-ministerial committee has drafted a bill to ban cryptocurrencies like bitcoin. Subhash Chandra Garg, the Finance Secretary who led the committee, has previously gone on record to warn of the folly of investing in cryptocurrencies.
2019-4-26 19:36 | |
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A new bill introduced in the Ohio House of Representatives would, if passed, allow the state government and other government entities to implement blockchain solutions
2019-4-26 12:39 | |
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Warren Davidson, arguably crypto’s best friend in Congress, reintroduced the Token Taxonomy Act yesterday. He originally introduced the bill alongside Florida representative Darren Soto last year.
2019-4-11 02:31 | |
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Not to be confused with the Token Taxonomy Act, the Digital Taxonomy Act of 2019 introduced by Representative Darren Soto would allocate funds to the Federal Trade Commission to help stop crime related to cryptocurrency and digital assets.
2019-4-11 20:26 | |
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If approved and signed into law, the Token Taxonomy Act, introduced by Representative Warren Davidson, would exempt some cryptocurrencies from existing federal laws.
2019-4-10 00:47 | |
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The Michigan state legislature has introduced a bill that would update its penal codes to include crimes committed using cryptocurrencies
2019-4-10 00:10 | |
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A recently introduced Nevada Senate bill calls for a regulatory experimentation program.
2019-4-2 00:35 | |
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US lawmakers are exploring new blockchain regulations. US Congress just introduced two new cryptocurrency bills aimed to address price manipulation and boost the country’s competitive edge in the new industry.
2019-4-2 21:00 | |
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In Colorado, legislators have introduced a bill proposing a study of blockchain use in agriculture
2019-3-18 20:28 | |
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In Nevada, the State Senate introduced a bill in Judiciary Committee on Tuesday, which would bring in multiple uniform standards that would impact the entire virtual currency industry. Ultimately, crypto exchanges would have to register with the Department of Business and Industry, along with a few other changes. However, the representatives of multiple crypto and […]
2019-3-16 18:29 | |
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A member of Texas House of Representatives Phil Stephenson has introduced a draft bill which if passed will require residents of Texas to give their identity before they can use cryptocurrencies like bitcoin.
2019-3-12 22:00 | |
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Texan lawmaker Phil Stephenson (who also happens to be a certified public accountant) proposes “proper identification” for all state residents who wish to send or receive cryptocurrencies.
2019-3-11 20:55 | |
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Texas Republican Rep. Phil Stephenson has introduced a bill-draft that would require Texans to identify themselves before they use crypto assets like bitcoin. In Texas House Bill No 4371, Stephenson took the institutionalization of digital currencies to an altogether new level.
2019-3-11 14:14 | |
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A Republican member of the Texas House of Representatives, Phil Stephenson, has just introduced a bill that would require residents of the state to identify themselves if they wish to use cryptocurrencies.
2019-3-11 07:20 | |
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The Commerce Committee of Connecticut’s legislature has introduced a bill to authorize the use of smart contracts in state commerce
2019-3-9 21:19 | |
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France expects to collect $452 million in 2019 through a new digital tax that targets 30 Big Tech companies, including Facebook, Google, Amazon, and Apple. On March 6, the French government introduced a 3% digital-services tax on tech giants that earn hefty revenues in France through targeted ads or digital marketplaces.
2019-3-7 00:42 | |
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A Utah state senator has introduced a bill that could exempt cryptocurrency and blockchain technology-focused businesses from the state’s money transmission laws. If passed, Utah would become the next after Pennsylvania and New Hampshire to classify virtual currency businesses outside the ambit of money transmission regulations.
2019-3-5 18:00 | |
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Assembly Bill 953 For Weed And Stablecoins California lawmakers recently introduced a new bill aimed at cannabis companies. Lawmakers introduced Bill 953 on February 21 and under the bill, cannabis-related businesses will be able to use stablecoins to pay taxes and other fees.
2019-3-5 00:30 | |
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A group of state lawmakers in Rhode Island has introduced a bill that will provide an exemption for some cryptocurrency tokens from securities law. Rhode Island becomes the next state after Colorado and Wyoming to go about establishing clear-cut regulations for the emerging virtual currency landscape.
2019-3-4 15:00 | |
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A senator from the U.S. state of Utah has introduced a bill to exempt blockchain firms from being classed as money transmitters.
2019-3-4 12:05 | |
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Rhode Island lawmakers have introduced a bipartisan bill to exempt blockchain tokens with a "consumptive purpose" from securities laws.
2019-3-1 16:30 | |
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Washington State has decided to begin 2019 with a focus on technological innovation, and despite past difficulties by other states, a group of senators recently introduced a bill that seeks to make a series of amendments to current legislation to promote the use of blockchain technologies, especially in the area of identity verification.
2019-1-29 18:52 | |
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The Washington State Senate introduced bill SB 5638, an act that recognizes the validity of distributed ledger technology and aims to provide the legal recognition that blockchains were missing, the State’s authorities announced on January 28, 2019.
2019-1-29 06:00 | |
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The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled digital signatures and licenses and provide the legal recognition necessary to enforce these standards.
2019-1-28 00:22 | |
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Lawmakers in New Hampshire put forward a new bill on January 3, 2019, which would see cryptocurrencies legitimized as an acceptable payment method for “taxes and fees” in July 2020. Meanwhile, Pennsylvania excludes crypto from the definition of money but eases operations for cryptocurrency businesses.
2019-1-26 02:00 | |
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Republican senators Dennis Acton and Michael Yakubovich of New Hampshire have introduced House Bill 470 that seeks to allow state agencies to accept cryptocurrencies as payment. State Treasury, Department of Administrative Services, and the Department of Revenue Administration have been contacted to give their feedback on the issue. For the bill, the Department of Administrative […]
2019-1-24 12:41 | |
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An Arizona Congresswoman introduced a bill to the House yesterday that, if passed, would fund President Trump‘s border wall — at least in Arizona. Introduced by Republican Rep. Gail Griffin, HB 2444 would levy a one-time $20 fee per-device on Arizonans wishing to access pornography online.
2019-1-23 02:29 | |
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Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.
2019-1-21 19:40 | |
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In Wyoming, a bill allowing for the tokenization of stocks has been introduced
2019-1-17 18:19 | |
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Lawmakers from the U.S. state of Wyoming have introduced legislation proposing the issuance of tokenized stock certificates using blockchain tech.
2019-1-17 13:05 | |
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Two Colorado lawmakers have introduced a new bill seeking to exempt some digital tokens from securities laws.
2019-1-7 13:15 | |
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The U. S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill.
2019-1-7 04:22 | |
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Draft legislation designed to hamper Iran’s efforts to create a sovereign cryptocurrency has been introduced in the U. S. Congress. The Blocking Iran Illicit Finance Act bans U. S. citizens and companies from all transactions and dealings in Iranian digital currency.
2018-12-24 00:30 | |
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A couple of Congressmen in the United States are trying to get an exemption for cryptocurrencies from securities law. If successful, it could signal a paradigm shift in the US regulatory climate as far as virtual currencies are concerned.
2018-12-22 22:00 | |
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A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.
2018-12-22 00:30 | |
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Two U. S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions.
2018-12-21 17:45 | |
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A new bill was introduced in the U. S. Congress on Thursday, aiming to bring regulatory clarity on cryptocurrencies, CNBC reported. The Century’s Most Innovative Technology Defined by Decades-old Legislation The bill, dubbed “Token Taxonomy Act,” was led by congressmen Warren Davidson of Ohio and Darren Soto of Florida, and focuses on two amendments.
2018-12-21 14:59 | |
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On Thursday, two congressmen introduced a bill that would exclude digital currencies from the decades-old definition of a security, CNBC reported. The legal definition might seem like an insignificant change, but it has become a heated issue for those in the industry who say the law is outdated for a digital asset class. The “Token […]
2018-12-22 09:38 | |
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Lawmakers In The US Want To Change SEC’s Securities Definition To Adapt To The Crypto World The cryptocurrency market in the United States could soon improve its legal framework and provide clearer rules and regulatory clarity.
2018-12-21 02:49 | |
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Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.
The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.
Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.
In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb.