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Senator Cruz Wages War On Infrastructure Bill’s “Devastating Attack” On The Crypto Industry
The infrastructure bill was recently signed into law but leading figures in the crypto industry have vowed to continue lobbying until the reporting provision for entities in the crypto industry is addressed. дальше »
2021-11-17 19:38 | |
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U.S. senators hurry to retroactively tweak the infrastructure bill concerning crypto
US senators Ron Wyden and Cynthia Lummis rush to tweak the controversial crypto provision, in an effort to narrow some of the new tax reporting rules outlined in the $1,2 trillion infrastructure bill President Joe Biden signed into law on Monday, Bloomberg reported. дальше »
2021-11-17 06:30 | |
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DeFi strategist Matt West claims the infrastructure bill can be fixed
Matt West, a DeFi strategist, and a Democratic congressional candidate believes there is still time to amend the US infrastructure bill, which President Biden signed into law on November 15. The bill passed into law without amendments to the broad provisions that could introduce stricter reporting requirements on crypto network validators and software developers. дальше »
2021-11-18 01:43 | |
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Korean Lawmakers Aiming to Pushback Crypto Tax Regulation Implementation
South Korean lawmakers from the opposition People Power Party (PPP) are formulating a bill aimed at postponing the January 1, 2022 implementation of the 20-25 percent crypto tax law in the nation to 2023. дальше »
2021-10-12 23:00 | |
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Is Brazil Considering A Bitcoin Law? Here’s What The Bill Actually Says
If Bitcoin becomes legal tender in a massive country like Brazil, it would be monumental. However, is that plan really on the table? Here are the facts: 1. - A bill to regulate cryptocurrencies was discussed and approved in Brazil’s House of Representatives, but it still has a long way to go before it becomes law. дальше »
2021-10-5 06:38 | |
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Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy
The trillion-dollar infrastructure bill passed by the Senate and now pending in the House that has an overreaching definition of ‘broker’ also contains an overlooked “digital assets” provision. If this bill becomes law, that would be a disaster, said Abraham Sutherland, an adjunct professor at the University of Virginia School of Law and an adviser […] The post Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy first appeared on BitcoinExchangeGuide. дальше »
2021-9-19 16:33 | |
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LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods
With crypto law, the country seeks to become “compatible with the blockchain, crypto assets, and the internet” along with smart contracts and DAOs. The post LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods first appeared on BitcoinExchangeGuide. дальше »
2021-9-9 20:05 | |
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Reddit community to buy $30 in Bitcoin in show of solidarity with El Salvador and Brazil
El Salvador’s Bitcoin legal tender bill passes into law on Tuesday, September 7, despite objections from locals who appear to be against its implementation. The post Reddit community to buy $30 in Bitcoin in show of solidarity with El Salvador and Brazil appeared first on CryptoSlate. дальше »
2021-9-7 13:00 | |
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Jack Dorsey Explains “Broker” Meaning in Ongoing Cryptocurrency Tax Bill Dispute
People are reacting differently to the US cryptocurrency tax bill that is shaking the community in recent times. There is a high apprehension that the bill might win the debate and becomes a law in the United States. дальше »
2021-8-12 19:18 | |
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“Bad For Bitcoin”: Congressman Warren Davidson Blasts Last-Minute Crypto Tax Insertion In Infrastructure Bill
As the U. S. Senate plans to hold a popular vote on the proposed infrastructure bill under which a last-minute cryptocurrency tax law was introduced, some believe that the whole bill is ill-fitted due to its vagueness and could prove colossal to the industry and by large, the U. дальше »
2021-8-1 16:55 | |
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Illinois Congressman Wants Law Allowing Reversal of Crypto Transactions
Rep. Bill Foster stated the need for legislation that would allow for the United States government to reverse cryptocurrency transactions. The post Illinois Congressman Wants Law Allowing Reversal of Crypto Transactions appeared first on BeInCrypto. дальше »
2021-7-2 22:00 | |
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Congressman Bill Foster Wants Government To Have Power To Reverse Crypto Transactions
A law should be put in place to allow federal courts to identify cryptocurrency owners and reverse transactions where necessary, according to Democratic Rep. Bill Foster of Illinois, the co-chair of the House blockchain caucus. дальше »
2021-7-2 16:59 | |
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US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
A U. S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. дальше »
2021-7-1 02:30 | |
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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »
2021-6-21 06:30 | |
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Indian Government Review Bill That Proposed Ban on Cryptocurrencies
It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More дальше »
2021-6-17 19:00 | |
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El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out,” […] дальше »
2021-6-9 10:30 | |
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Nebraska Signs a new Law to Create Crypto Bank Charter
Nebraska has signed a bill into law that will allow financial institutions in the state to function as digital asset depositories. With the new state banking charter, institutions can offer cryptocurrency-related services to customers. дальше »
2021-5-27 01:00 | |
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Telcoin-drafted crypto banking legislation signed into law in Nebraska
In an effort to bring the state of Nebraska to the forefront of national financial regulatory innovation, Governor Pete Ricketts signed into law today Legislative Bill 649, also known... дальше »
2021-5-26 14:49 | |
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Nebraska signs law to authorize state-chartered banks to custody crypto
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood.
дальше »2021-5-27 12:05 | |
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Texas Governor Wants State to Lead in Crypto Adoption as it Did With Gold
With the recent Crypto law proposal, Texas emulates Wyoming with regards to Crypto Assets legislation in the hope of catching up on the trend, but experts detect a flaw in the Texas bill. Sometime mid-March Nathaniel “Tan” Parker—Texas businessman and Representative—presented an amendment bill for the Texas Uniform Commercial Code, UCC. The bill, House Bill […] дальше »
2021-4-3 21:18 | |
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Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law
Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide. дальше »
2021-3-27 17:17 | |
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Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. дальше »
2021-2-23 11:30 | |
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Iowa Senate Introduces Blockchain Bill to Regulate Smart Contracts as Law
Iowa is the latest state in the U. S. to introduce a bill targeting blockchain technology and smart contracts. The bill aims to level the playing field between smart contracts and traditional contracts. дальше »
2021-2-13 22:45 | |
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Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. дальше »
2021-2-7 16:30 | |
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Ohio’s House of Representatives Passes Bill for State Operations to Leverage Blockchain Tech
Ohio’s House of Representatives recently passed a blockchain-oriented bill that might allow the use of distributed tech within its state operations, should the legislation eventually achieve law status. дальше »
2020-12-9 16:41 | |
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Pakistani Province Passes Draft Bill to Legalize Cryptocurrency Trading And Mining
In Pakistan, a province in Khyber Pakhtunkhwa passed a law that makes cryptocurrencies and mining legal in the region. According to a Provincial Assembly (MPA) member, Dr. Sumera Shams, the move will enable the country to position itself better to compete favorably with the digitized world. дальше »
2020-12-5 23:00 | |
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New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. дальше »
2020-12-4 12:15 | |
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New Draft U.S. Law Will Make It Illegal to Issue Stablecoins Without Federal Reserve Approval
Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. дальше »
2020-12-4 12:15 | |
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South Korean Lawmakers to Delay Cryptocurrency Tax Rule Implementation Till 2022
The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […] дальше »
2020-11-26 00:23 | |
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Spain proposes new bill that requires cryptocurrency users to disclose their holdings
The Spanish government has approved this Tuesday the new draft Law on Prevention and Fight Against Tax Fraud. Although the bill focuses on overall tax fraud, it also includes cryptocurrencies. One of the first measures of the bill will be the limitation of cash payments to only 1,000 euros instead of the usual 2,500. This […] дальше »
2020-10-13 17:27 | |
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Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law
Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli […] The post Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law appeared first on Bitcoin News. дальше »
2020-9-26 02:00 | |
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