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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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India to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. дальше »
2019-8-10 06:00 | |
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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. дальше »
2019-8-8 20:00 | |
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Indian Govt to Pitch Bitcoin Ban Bill in January
The Indian government is planning to introduce its controversial bitcoin ban bill in December-January parliamentary session, according to local crypto news provider Crypto Kanoon. The decision surfaced during an ongoing court hearing between the Reserve Bank of India (RBI) and regional cryptocurrency exchanges. дальше »
2019-8-8 15:00 | |
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Journey of India’s crypto ban: 3 meetings. 2 years. 1 flawed draft bill
“You will be out of work soon,” told my perturbed mother on call. I was taken aback for a second as I asked her, “What? What are you saying?” It was July 22, 2019, and the Internet was flooded with the news of “India bans crypto” or “India needs regulations, not ban” and I realized […] The post Journey of India’s crypto ban: 3 meetings. дальше »
2019-8-4 18:30 | |
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Indian Finance Minister Addresses Crypto Proposal – Industry Responds
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete. дальше »
2019-7-31 10:15 | |
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Australia Spares Crypto in AUD $10,000 Cash Limit Draft Squeeze
A draft legislation in Australia is seeking to prohibit the use of cash in making transactions for amounts exceeding $AUD10,000 ($6,900) has spared cryptocurrencies. The goal of imposing the cash payment limit is to prevent tax evasion, money laundering and other illicit activities. дальше »
2019-7-29 15:59 | |
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Calls Intensify for Indian Government to Regulate Cryptocurrency
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are. дальше »
2019-7-29 12:15 | |
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Tim Draper: Bitcoin Ban Will Set India Back 40 Years
American venture capital investor, Tim Draper, has commented on India’s proposed bitcoin and crypto ban stating that it will set the nation back 40 years. Death Knell For Bitcoin and Crypto in India India has clearly taken a leaf out of China’s book with its draconian attitude towards crypto assets. дальше »
2019-7-26 14:02 | |
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Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed. дальше »
2019-7-26 13:05 | |
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Indian Supreme Court Sets New Date to Hear Crypto Case
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill. дальше »
2019-7-24 14:45 | |
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Revealed: The Fines & Criminal Offenses Facing an Indian Crypto Adopter
After two years, a much-hyped consortium of bankers and legislators has proposed that the Indian government completely ban public cryptocurrencies (like Bitcoin). Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban https://t. дальше »
2019-7-24 12:22 | |
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Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-23 16:05 | |
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Indian Government Unveils Draft Crypto Bill
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-24 16:05 | |
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India’s Ban On Cryptocurrency: Several Crypto Proponents Ready To Hold Talks With Indian Regulators
The Inter-Ministerial Committee (IMC) released a report and a draft bill proposing a total ban on cryptocurrency and the harsh measures to be taken on any Indian citizen who holds, sells or buys cryptocurrency. дальше »
2019-7-23 09:22 | |
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Bitcoin Still Legal In India; Crypto Regulation in Works
Bitcoin will remain legal in India while the government works on regulations, a minister has said in new positive comments on the fate of the industry. Finance Minister: Bitcoin Regulations Coming Responding to a request for clarity on the state’s view of cryptocurrency, Anurag Thakur, India’s Minister of State for Finance & Corporate Affairs, firmly denied any token was illegal. дальше »
2019-7-19 10:59 | |
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Indian Crypto Draft Bill Leaks as Proposals of Complete Ban Saddens Crypto Community
The much anticipated and prolonged draft bill for cryptocurrency in India got leaked in full. The bill proposes a complete blanket ban on the use of cryptocurrency in any form. This has really saddened the crypto community back in India who were expecting and hoping for a progressive call from the central government, especially after […] дальше »
2019-7-16 19:15 | |
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India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’
India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency. дальше »
2019-7-16 19:00 | |
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Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News. Bitcoin. com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. дальше »
2019-7-16 10:15 | |
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Crypto in India endangered? Extended section of ‘draft bill’ circulated on social media
The idea of virtual assets and blockchain has prospered in the West but on the other side of the world, not so much. India has been one of the major countries in Asia that has dented the progression of the crypto industry with regulations. дальше »
2019-7-15 11:30 | |
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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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Facebook Crypto Haters Proposes Doomsday Bill; Bitcoin to Benefit?
A “discussion draft” bill set out to spell doomsday on the dreams of many financial technology projects is making rounds on Crypto Twitter. Unconfirmed yet unsettling, the “Keep Big Tech Out of Finance” bill proposes to “prohibit large platform utilities” from becoming a financial institution or getting affiliated with a person that runs a financial institution. дальше »
2019-7-14 14:00 | |
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Singapore’s inland revenue authority releases new draft on GST for crypto
The Inland Revenue Authority of Singapore (IRAS) recently published a draft guide that detailed the conduct of goods and services tax (GST) towards cryptocurrency transactions, since there has been an increase in the use of cryptocurrencies as a mode of payment. дальше »
2019-7-8 21:38 | |
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