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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News. дальше »
2020-1-23 07:55 | |
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Crypto Tax Bill, Virtual Value Tax Fix Act, Is Reintroduced By North Carolina Congressman
Ted Budd, a Republican Congressman from North Carolina, has recently decided to reintroduce a crypto tax bill this week. The law will be a move to the Ways & Means Committee of the House of Representatives soon. дальше »
2019-8-8 23:55 | |
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Optimism Dwindles as Indian Finance Minister Evasive on Crypto Ban Bill
The crypto industry in India is still in limbo this week while politicians acknowledge the proposed ban bill but remain evasive. The shift from regulation to blanket ban has sent shock waves through the nascent industry in the world’s second most populous country. дальше »
2019-7-31 16:00 | |
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Why Congress’ New Draft Bill Is Bullish For Bitcoin
US lawmakers are mulling a new bill that will boost bitcoin and prohibit tech monopolies from launching their own cryptocurrencies. The draft discussion has surfaced ahead of Facebook’s scheduled congressional hearing this week on the Calibra crypto project. дальше »
2019-7-14 15:00 | |
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CZ on India Bitcoin Ban: The more it’s banned, the more people want it
With bitcoin currently trading at a $500 premium in India, Binance CEO, Changpeng Zhao (CZ), argues that the nation’s decision to outlaw cryptocurrencies is only driving more people towards decentralized assets. дальше »
2019-6-23 20:00 | |
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What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill
By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency. дальше »
2019-6-17 12:23 | |
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Cash Is King In Hong Kong As Thousands Choose Financial Privacy
Hong Kong is waking up to the benefits of financial privacy using cash, reports claim, as protesters seek to hide their movements and identity. Hong Kong Pays Cash To ‘Avoid Tracking’ According to various reports surfacing on social media this week, participants in the ongoing rallies against the Hong Kong government are choosing to abandon payment methods which could track them. дальше »
2019-6-12 12:00 | |
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Bitcoin Cash: Roger Ver’s tweet highlights governments’ double standards
India’s proposed “draft bill” that was released by Bloomberg Quint earlier this week had caused a massive uproar in the crypto community. The lack of clarity and ambiguous cryptocurrency climate drove Zebpay, an app-enabled crypto exchange, from the country to Malta. дальше »
2019-6-9 11:30 | |
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Tesla Sued For Embarrassing Unpaid $1.77 Million Bill as Stock Rewinds to 2016
By CCN: The embarrassment for Tesla continued this week after a burned supplier sued Elon Musk’s firm over an unpaid metal bill. French firm Lebronze Alloys alleges $1. 77 is still owed by Tesla after the car company abruptly pulled the plug on existing contracts. дальше »
2019-5-30 12:54 | |
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Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker
Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U. дальше »
2019-5-29 16:42 | |
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Bitpay Payment Processor Gets Labeled as Hostile to Bitcoin By Blockstream’s Samson Mow
Earlier this week we had reported about At&t announcing that it will be the first firm to accept online bill payments through BitPay, one of the most popular cryptocurrency payment processors. In this way, AT&T became the first major U. дальше »
2019-5-25 19:01 | |
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A Bill to Ban All Crypto? Congressman Calls for the Outlawing of Digital Assets
A congressman with a track record of bashing crypto has come out once again calling for a ban on digital assets. Republican Brad Sherman supposedly raised the idea earlier today in Congress. This is not the first time this week that someone has called for a ban on digital assets. дальше »
2019-5-10 01:00 | |
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Pro-Bitcoin Ohio Bill Promotes Government Adoption of Blockchain
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. дальше »
2019-4-27 22:03 | |
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Russia is Realizing It Has No Clue How to Regulate Cryptocurrency
The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of regulating Bitcoin and cryptocurrency that are un-regulatable by design. дальше »
2019-4-19 14:00 | |
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Russia Postpones Parliamentary Reading of Crypto Regulation Bill
The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week. дальше »
2019-3-25 23:32 | |
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Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April
Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. дальше »
2019-3-24 11:50 | |
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Texas’ ‘Worst Than BitLicense’ Crypto-Bill is Dead on Arrival
Earlier this week, the cryptocurrency community reacted with abject horror towards Texas’ proposed ‘Verified Identity Digital Currency’ bill. Well, apparently it was a lot of worry over nothing, as the bill is allegedly dead in the water. дальше »
2019-3-16 20:00 | |
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Marshall Islands Rejects IMF Concerns to Launch ‘Sovereign’ (SOV) Digital Currency as Legal Tender
The Sovereign (SOV) digital currency looks set to become the first decentralized national digital currency. It could be used in the Marshall Islands on an equal footing with the US dollar. Such cryptocurrency as legal tender, even in a small state, is a larger step on the path to crypto-adoption. дальше »
2019-3-10 11:44 | |
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Coinbase Bought Neutrino Because Its Old Analysis Providers Sold User Data
Coinbase’s Director of Institutional Sales, Christine Sandler, said in an interview last week that, in part, the exchange acquired controversial software firm Neutrino because its prior blockchain analysis providers were selling customer data. дальше »
2019-3-5 23:58 | |
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Airhead Alert: Ocasio-Cortez Declares Radical Leftist War on Moderate Democrats
Newbie congresswoman Alexandria Ocasio-Cortez is causing waves within her own political caucus by declaring war on moderate Democrats who refuse to go along with her desire to move to the party to the far-left. дальше »
2019-3-2 22:41 | |
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Wyoming Recognizes Property Rights in Direct Ownership of Bitcoin and Digital Assets
Wyoming has become the first US state to empower the ownership of cryptocurrency by passing its second and third Senate readings of Bill SF0125. The bill will now go before Mark Gordon and could become law as early as the next week. дальше »
2019-2-15 20:33 | |
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Dow Futures, Bitcoin Price Teeter as US Stock Market Digests Trump’s Shutdown Deal
The Dow Jones Industrial Average and broader US stock market teetered on the brink of their previous-day closes heading into the week’s final trading session. Wall Street continued to digest the fallout from Trump’s decision to sign a new spending bill and avoid a second government shutdown – while also declaring a national emergency to siphon funds from other departments to bolster his beloved border wall. дальше »
2019-2-15 17:09 | |
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Wyoming Becomes First State To Give Bitcoin Owners Full Property Rights
Cryptocurrency advocates are celebrating Friday after the US state of Wyoming passed a bill giving direct property rights to cryptocurrency holders. Wyoming Senate Passes Crypto Property Bill Bill SF0125 passed its second and third Senate readings February 13 and 14 respectively, and will now go before governor Mark Gordon for endorsement, becoming law as early as next week. дальше »
2019-2-15 12:00 | |
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Will Dow Rally? Top Milken Economist Says China ‘Desperate’ to End Trump’s Trade War
According to Bill Lee, chief economist at the Milken Institute, China is desperate to land a trade deal with the U. S. and President Donald Trump to prevent more crippling defaults. That could be bullish for the Dow Jones Industrial Average and other U. дальше »
2019-2-15 19:19 | |
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IBM Blockchain Peels A Fresh Use Case
Crypto news is normally pretty dry, but a recent blockchain trial has managed to squeeze fresh juice from ledger technology. Two leading freight companies have completed a delivery of oranges, with the exchange secured by an electronic Bill of Lading on the IBM Blockchain platform. дальше »
2019-2-5 01:10 | |
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New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill
During the first week of the new year, two U. S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies. дальше »
2019-2-4 00:01 | |
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Bitcoin (BTC) is Money: Wyoming Passes Bill to Recognize Cryptocurrency
Bitcoin (BTC), Cryptocurrency–In the midst of an uneventful week for cryptocurrency, with coin prices still hovering at their lowest point for the new year, the state of Wyoming is nearing the transition period to officially recognizing cryptocurrency as a legal form of tender. дальше »
2019-2-2 23:41 | |
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Colorado senators want some cryptocurrencies to be exempt from securities laws
Lawmakers from Colorado are looking to introduce legislation that would exempt cryptocurrencies from current securities laws. Last week, Stephen Fenberg (Democrat) and Jack Tate (Republican) together filed the “Colorado Digital Token Act” – spotted by CoinDesk. дальше »
2019-1-7 16:13 | |
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San Francisco’s “Bitcoin Mafia”: How Bitcoin Started in the City on the Bay
The early Bitcoin community in San Francisco was originally comprised of revolutionaries: Individuals who believed in the freedom and opportunity that a permissionless distributed system would bring the world. дальше »
2019-1-4 00:06 | |
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New York to Have First Crypto Task Force
Recently, New York State became the first state in the nation to create a cryptocurrency task force to study how to properly regulate, define and use cryptocurrency. Last week, NYS Governor Andrew Cuomo, signed into law THE DIGITAL CURRENCY STUDY BILL, A8783B/S9013. дальше »
2019-1-3 00:16 | |
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Iran’s Cryptocurrency To Face Sanctions Imposed By US Lawmakers In HR 7321 Bill Proposal
Iranian National Crypto To Face Sanctions Imposed By US Lawmakers A number of western governments and international human right groups have increased pressure on the Islamic Republic of Iran over their systemic violations of human rights. дальше »
2018-12-23 19:01 | |
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Markets Update: BCH Up Over 100% in a Week, BTC Breaks Above $4,000
The cryptocurrency markets appear poised to post the strongest week of trading in months, with BCH up over 115% since Dec. 16. BTC is also on the cusp of posting its strongest weekly candle since February after breaking above $4,000. дальше »
2018-12-20 19:00 | |
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Australia’s horrific new encryption law likely to obliterate its tech scene
Australia‘s government signed a bill into law last week giving law enforcement agencies the right to force technology companies to reveal users’ encrypted messages. Another way of putting it: Australia‘s tech scene will soon be located on the Wayback Machine. дальше »
2018-12-10 22:19 | |
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France will tax tech giants in 2019 if EU doesn’t step up
Plans for EU-wide digital services tax to prevent tax evasion were struck down this week as the proposal didn’t receive unanimous support from all 28 member states. This happened despite Germany and France‘s attempt to reach a consensus by proposing a bill full of concessions, which would specifically target behemoths like Google and Facebook. дальше »
2018-12-6 13:08 | |
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Fintech And Foundation: Ripple Makes Headway
Crypto markets may be in the doldrums, but Ripple is still staying afloat. In a week of red marks, XRP hit quite a few promising signs. Gates Gives XRP a Bump…. Or at Least a Nod Bill Gates is not a fan of Bitcoin, but XRP might be a different story. дальше »
2018-10-20 21:31 | |
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Ripple (XRP) Defends 5 Week EMA Amid No Signs Of A Slow Down
Chart for XRP/BTC (1W) Ripple (XRP) has defended its 5 Week EMA. This is a clear message to all the critics out there calling Ripple (XRP)’s rally a pump and dump. RSI for the above weekly chart for XRP/BTC does seem to have neared the overbought range. дальше »
2018-10-9 18:30 | |
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Forbes Names Ripple Co-Founder Chris Larsen as Wealthiest from Crypto
Chris Larsen has made this year’s Forbes 400 rich list as the 383rd richest person and is the first to ever make the list with a value accumulated solely from cryptocurrency. Forbes released its latest Forbes 400 list, for 2018, last week, estimating that Larsen is worth $2. дальше »
2018-10-8 04:00 | |
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Word on the Street: Latest Facebook meltdown leaves no choice but to decentralize
Again Ripple stole the headlines this week with its annual Swell conference including novelty speakers such as Bill Clinton and a performance from the Counting Crows. But it was perhaps the news of the latest data breach at Facebook that was the most significant for crypto this week, forcing its hand closer to decentralization and bringing crypto mainstream. дальше »
2018-10-6 22:30 | |
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This Week in Cryptocurrency: October 5, 2018
This week in crypto: Shapeshift faces off with the WSJ, Coinbase joins the multi-billion dollar club, and Bill Clinton is relevant once again. Read on here. The post This Week in Cryptocurrency: October 5, 2018 appeared first on CoinCentral. дальше »
2018-10-5 18:05 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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$416 Million BTC Futures Trade Loss on OKEx to cost Counterparts
Instead, it operates using a so-called “socialized claw-back” policy for cases where a trade shortfall is incurred. In this instance, those with unrealized gains on their short positions this week are set to lose 18 percent of their profits to foot the bill, as Bloomberg notes. As of press time, OKEx has not responded to дальше »
2018-8-4 22:31 | |
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Traders get short end of the stick with Bitcoin whale’s disastrous losing bet
An “enormous” losing bet on bitcoin last week left one futures trader unable to cover the loss and other traders on a Hong Kong-based exchange to foot the bill. Because of the sheer size of the order and bitcoin’s price slump the exchange said it couldn’t cover the loss. As a result, it implemented a дальше »
2018-8-4 22:08 | |
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‘I Did Not Have Monetary Relations’: Bill Clinton Ripple Hook-Up Causes Ridicule
Ripple is facing a fresh publicity rollercoaster this week after the company announced former US president Bill Clinton would give the keynote speech at its upcoming Swell conference. Ripple: Clinton ‘Helped Shape Internet’ Swell, Ripple’s own conference which aims to connect “the world’s leaders in policy, payments and technology,” will run in San Francisco October 1 – 2. дальше »
2018-8-1 15:00 | |
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Bitcoin [BTC] can be a ‘potential asset’ for central banks, says Wall Street billionaire Bill Miller
Bill Miller, a billionaire investor, stated that Bitcoin [BTC] is the cryptocurrency which has the most probability of being successful. He also spoke about the strategies for evaluating the value of the cryptocurrency. дальше »
2018-7-30 17:52 | |
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Parliament has approved Bitcoin Cash BCH payments for Antigua and Barbuda citizenship
Becoming a citizen of the Eastern Caribbean jewel, Antigua and Barbuda is now made very comfortable to be, with the new parliamentary act that allows fulfilling Citizenship by Investment Program (CIP) Act, by payments of Bitcoin Cash BCH and other cryptocurrencies. дальше »
2018-7-25 19:45 | |
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A Hands On Review of the New Card-Shaped Hardware Device Coolwallet S
This week news. Bitcoin. com received the new Coolwallet S — the cryptocurrency hardware wallet shaped like a credit card. As we previously reported, the interesting digital asset storage card started shipping last month so we decided to give the wallet a hands on review. дальше »
2018-6-21 16:22 | |
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