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Leaked Draft Of Bipartisan Bill May Make It Impractical For Decentralized Crypto Projects To Operate In The US
A draft of the long-awaited US Bipartisan crypto bill has been leaked and is causing quite the buzz on the popular microblogging platform Twitter. However, while the draft brings much-needed clarity to the markets, some of its provisions also raise concerns among the crypto faithful. дальше »
2022-6-10 16:09 | |
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EU’s Draft Regulation to Fragment the Crypto Market with Special Focus on ‘Subset’ Stablecoins
The 168-page long leaked version of the draft legislation of “Markets in Crypto Assets (MiCA)” by the European Commission provides legal certainty about digital currencies. To be issued later this month, the set of regulations will be covering the issuance and trading of digital assets across the bloc. дальше »
2020-9-17 19:10 | |
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European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
The European Commission, the executive arm of the E. U. , has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. дальше »
2020-9-12 09:30 | |
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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards
The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […] дальше »
2020-9-4 14:38 | |
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Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms. дальше »
2020-9-4 20:15 | |
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Colombian IT Ministry Quotes Satoshi and Bitcoin, Calls for Blockchain and Crypto Adoption
Less than two months after the Office of the Inspector General of Colombia, World Economic Forum (WEF), and the Inter-American Development Bank (IDB) partnered up to develop a blockchain-based Proof-of-Concept solution to tackle corruption in government’s procurement processes, the Colombian Ministry of Information Technology and Communications (MinTIC) has published a draft guide, identifying ten coreRead MoreRead More. дальше »
2020-8-20 01:07 | |
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Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. дальше »
2020-7-18 12:20 | |
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Kazakhstan reveals draft legal framework for crypto-investment
With an emerging crypto mining industry, the government considers making a pivot toward cryptocurrencies... The post Kazakhstan reveals draft legal framework for crypto-investment appeared first on Coin Journal. дальше »
2020-6-17 19:06 | |
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Russia’s Economy Ministry Calls for ‘Controllable Market’ Rather Than Crypto Ban
The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance. дальше »
2020-6-10 18:00 | |
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Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion. дальше »
2020-6-4 00:02 | |
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Russia to Prohibit Crypto Circulation, Mining, and Ads Under New Draft Law For Digital Assets
Cryptocurrency regulations are quite tricky and up until now, only a few countries can boast of finding the right mix of existing new laws to regulate digital assets fairly. Russia is definitely not among the few of those countries as it always had a passive stance towards privately issued or decentralized cryptocurrencies. After months of […] дальше »
2020-6-3 20:52 | |
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Russian Government Set to Impose Fines and Imprisonment for Illegal Crypto Activities
The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country. Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet RBC on Thursday (May 21,Read MoreRead More. дальше »
2020-5-23 16:00 | |
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Russian Economic Ministry To Create Crypto And Blockchain Regulatory Sandboxes In New Bill
The Russian Federal Ministry of Economic Development has proposed new legislation that seeks to legalize crypto as well as blockchain-based initiatives through a special regulatory framework. The Ministry of Economic Development has already crafted and introduced a draft legislation to the State Duma, Russian Parliament, in a bid to enable the testing of blockchain and […] дальше »
2020-3-25 23:44 | |
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Russian Ministry Welcomes Bitcoin Legalization, Introduces Regulatory Sandbox For Crypto Testing
While crypto regulation is still quite murky in Russia, a ministry in the country is making a huge effort to improving the situation. According to prominent Russian publication, Izvestia, Russia’s Ministry of Economic Development recently published an official document on a draft framework for regulatory sandboxes. дальше »
2020-3-25 21:35 | |
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Zimbabwe: Central Bank Set to Introduce Regulatory Sandbox for Cryptocurrency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ) is making plans to regulate the cryptocurrency industry, as there is a draft policy framework underway. A robust regulatory framework in place will see the development of the crypto sector in the country. дальше »
2020-3-17 21:00 | |
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Reserve Bank of Zimbabwe to regulate crypto; an effort to heal economy?
At press time, Bitcoin sentiment was extremely fearful; however, this did not stand in the way of crypto adoption. According to reports, Reserve Bank of Zimbabwe [RBZ] has begun work on the draft of aThe post Reserve Bank of Zimbabwe to regulate crypto; an effort to heal economy? appeared first on AMBCrypto. дальше »
2020-3-16 16:00 | |
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New York Regulators Require Crypto Firms to Submit Coronavirus Plans
Regulated crypto firms in New York City have been asked to draft detailed plans outlining how they will cope with the coronavirus outbreak
дальше »2020-3-13 13:29 | |
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National Crypto Rupee Proposed in Indian Draft Blockchain Strategy
Just a week after the Reserve Bank of India confirmed legal status for crypto currency, a draft national strategy on blockchain has called for an official digital rupee. India to Advance in Blockchain Tech According to reports, the National Institute for Smart Governance (NISG) has submitted a draft strategy on blockchain for stakeholder comments which will help define the ecosystem for distributed ledger technology and crypto in India. дальше »
2020-1-29 08:30 | |
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Uzbekistan Prepares Crypto Tax Exemptions, Launches Licensed Exchange
A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets. The draft document published recently also incorporates proposals for the establishment of a blockchain valley and licensing regime for cryptocurrency miners. дальше »
2020-1-22 07:20 | |
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American Lawmakers Propose $200 Crypto Tax Exemption
A draft law has been proposed with bipartisan support to exclude from taxation small capital gains of up to $200 when making purchases. The bill says: “Gross income of an... The post American Lawmakers Propose $200 Crypto Tax Exemption appeared first on Trustnodes. дальше »
2020-1-20 17:09 | |
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New Draft Bill Aiming to Classify Crypto Assets Introduced in US Congress
Draft cryptocurrency bill clarifies which agency should regulate each type of crypto-asset
дальше »2019-12-21 20:12 | |
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US Congress Drafts Bill ‘Crypto-Currency Act of 2020’ To Bring Clarity To Digital Asset Regulation
A draft bill that will bring more regulatory clarity when it comes to the crypto sector has been introduced by an US congressman. The bill named the Crypto-Currency Act of 2020 and will help to determine which federal agencies should regulate in the crypto space. дальше »
2019-12-20 19:35 | |
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'CryptoCurrency Act of 2020' draft bill to provide regulatory clarity
With many countries clarifying regulatory stance on crypto, U.S. Congressman Paul Gosar introduced a draft bill for the same. The bill dubbed the 'Crypto-Currency Act of 2020' was introduced to shed lThe post 'CryptoCurrency Act of 2020' draft bill to provide regulatory clarity appeared first on AMBCrypto. дальше »
2019-12-20 15:00 | |
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Crypto-Asset Guidelines to Be Drafted Based on Industry Input
The Basel Committee on Banking Supervision is calling for feedback on the prudential regulatory treatment of crypto-assets. Feedback received from insiders in both the crypto and traditional finance sectors will be used to draft guidelines for banks interested in dealing with crypto-assets. дальше »
2019-12-12 20:26 | |
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Russia: De Facto Crypto Ban Will Be Hard to Achieve, Official Says
Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market. дальше »
2019-11-30 16:30 | |
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Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed. дальше »
2019-11-21 12:20 | |
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Indian Parliament Will Not Consider Total Crypto Ban in Winter Session
The Indian government will not discuss its draft bill on a proposed total ban on crypto in the winter session of Parliament, as was previously planned
дальше »2019-11-15 17:26 | |
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Libra Under Threat as European Central Bank Confirms Move Toward a Digital Currency
The European Central Bank could be inching toward creating a digital currency for the continent. Attitudes about cryptocurrencies appear to be shifting in Europe — which could have negative repercussions on Libra. дальше »
2019-11-11 17:15 | |
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Hong Kong Introduces Licensing For Crypto Exchanges, OSL Claims To Be The First Crypto Exchange To Apply
Hong Kong has introduced new measures that seek to officially regulate the crypto exchanges operating within the city. The Securities and Futures Commission (SFC) in Hong Kong made public a draft regulatory regime on Nov 6, 2019, which will see the securities regulator grant operating licenses to crypto exchange firms, the Medium reports. Last year, […] дальше »
2019-11-7 22:21 | |
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EU Might Issue Digital Currency In Response to Libra
The European Central Bank (ECB) might issue a public digital currency, Reuters reported on Tuesday, citing a draft document. The move is meant to counteract the influence of Libra, the upcoming stable coin developed by Facebook. дальше »
2019-11-6 08:01 | |
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No, China Isn’t Banning Bitcoin Mining: Chinese Crypto Insider
Earlier this year, reports arose that China — once one of the cryptocurrency capitals of the world — was looking to ban Bitcoin mining. As reported by NewsBTC at the time, the SCMP reported that the National Development and Reform Commission (NDRC) has revealed a draft list of industrial activities the government is interested in. дальше »
2019-11-6 07:39 | |
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New Crypto Bill Sent to Congress Looks to Classify Stablecoins as Securities
Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a bill that may cause several issues for the crypto market. According to this new bill, cryptocurrencies pegged to fiat currencies, commonly known as stablecoins, would be considered securities. дальше »
2019-10-23 00:12 | |
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UAE authorities to draft crypto bill considering public feedback
The United Arab Emirates’ (UAE) stance on crypto adoption may soon become public, as Securities and Commodities Authority (SCA) sought “the opinion of financial industry partners” before finalizing the draft. дальше »
2019-10-16 22:30 | |
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IRS to Require 150 Million Filers to Disclose Crypto Activities
The U. S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year. дальше »
2019-10-13 21:13 | |
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IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
The U. S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year. дальше »
2019-10-13 21:13 | |
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Japan’s FSA Drafts Supervision Guidelines to Advise Funds Who are Investing into CryptoAssets
Japan’s Financial Services Agency (FSA) has published draft guidelines for funds investing in cryptocurrencies. Japan is years ahead of the majority of the nations in the crypto game since they realized the potential in crypto back in 2017 and even legalized it for the public use. To give you a perspective, most of the so-called […] дальше »
2019-10-4 18:20 | |
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New Annual Licensing Crypto Mining Regulations Proposed by Cabinet of Iran
The Iranian government set to introduce new cryptocurrencies mining regulations in a new draft proposal sent from the Cabinet of Iran, as reported by Coindesk in exclusive reports from Tehran. The new draft proposes an annual license for cryptocurrency miners and expects these miners to provide information on their business activities, their employment and rental […] дальше »
2019-9-20 19:19 | |
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Indian Lawmaker Raises Hope of Positive Crypto Regulation
A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India. дальше »
2019-9-12 10:05 | |
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Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. дальше »
2019-9-4 11:05 | |
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Crypto Can Boost Indian Economy – How Banning Will Hurt it
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. дальше »
2019-8-29 09:03 | |
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