First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

2022-3-24 01:38

The expected passage of a finance bill will include a steep crypto tax the industry says will discourage innovation and cost the country some of its technology talent.

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Фото:

NY Sen. Kevin Thomas Proposes To Criminalize Rug Pulls And Other Offences Relating To Crypto Frauds

New York State Senator Kevin Thomas has introduced a new amendment bill that seeks to clear the air around various types of crypto fraud in a bid to help prosecutors navigate fraud cases in crypto. The bill, Senate Bill Number S8839 seeks to amend the penal law by establishing certain offenses relating to crypto fraud. […]

2022-4-25 17:12


Spanish Government Embarks on Bill to Requires Crypto Investors to Disclose Holdings and Income

The Spanish government has embarked on a bill that may require its citizens to disclose their crypto income or holdings with the country’s tax agency. Reuters, which first reported on this development, noted that the bill in question aims at tracking down tax fraud/evasion amongst Spain’s crypto investors or users.

2020-10-13 22:03


Crypto Asset Activities Fall Under Rhode Island’s Money Transmission Laws

Rhode Island has been putting effort towards clearing defining the regulatory framework of cryptocurrencies. The main question that has since stumped the U.S. state in New England is whether the virtual asset can be classified as money or some monetary value that falls under their transmitter laws. Since the passing of Bill 5847 in July […]

2019-8-9 20:18


India set to lose $12.9 billion worth of market if they proceed to ban crypto

The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12.

2019-8-8 20:00


Фото:

The financier earned 46% with Bitcoin (BTC). And could earn 300%

Crypto enthusiast Bill Miller has earned 46% for his Miller Value Partners fund since the beginning of the year, mainly from Bitcoin investments and Amazon shares. In his opinion, Bitcoin and the trading giant behave similarly in terms of sharp rises and falls, since “Amazon and Bitcoin both have the distinction of being disruptive technologies”. […]

2019-7-26 18:09