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UK Lawmakers Favor Regulating Crypto As Financial Instrument
Following the appointment of the new prime minister in the UK, who is a pro-crypto-enthusiast, the lower parliament house of the state assembly votes in favour of regulating virtual assets as per the Financial Services and Markets Bill. дальше »
2022-10-27 07:27 | |
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Australian senator drafts bill for crypto regulation- Details inside
Australian senator Andrew Bragg has drafted a bill aimed at better regulation of cryptocurrency and other virtual assets in the country. Titled the Digital Assets (Market Regulation) Bill 2022, thThe post Australian senator drafts bill for crypto regulation- Details inside appeared first on AMBCrypto. дальше »
2022-9-19 15:00 | |
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Uruguay Proposes to Bring Digital Assets Under Central Bank Control With New Crypto Bill
A bill granting the Central Bank of Uruguay (BCU) the authority to control virtual assets was submitted to the country's parliament. The post Uruguay Proposes to Bring Digital Assets Under Central Bank Control With New Crypto Bill appeared first on BeInCrypto. дальше »
2022-9-14 14:00 | |
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Brazilian Senate Passes Bill to Regulate Crypto Transactions
On Tuesday, the Brazilian Senate plenary passed a bill that would regulate crypto transactions in the country, by introducing "virtual service providers." The post Brazilian Senate Passes Bill to Regulate Crypto Transactions appeared first on BeInCrypto. дальше »
2022-5-1 17:04 | |
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Ukraine officially deems crypto legal asset class amid war
Ukraine’s Ministry of Digital Transformation announced that the country has officially legalized cryptocurrencies after President Volodymyr Zelenskyy signed the new bill “On Virtual Assets” into law on March 16th. дальше »
2022-3-18 22:15 | |
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Ukraine legalizes Bitcoin as tensions with Russia persist
Ukraine has now legalized Bitcoin and cryptocurrencies after the country’s parliament approved a final reading of the “Law on Virtual Assets” bill. The post Ukraine legalizes Bitcoin as tensions with Russia persist appeared first on CryptoSlate. дальше »
2022-2-19 23:00 | |
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Report: Woes under the Infrastructure Bill to be answered by the Treasury
The U.S Treasury Department might exclude crypto miners and stakers from a crucial rule going forward, reported Bloomberg. It has to do with the rule where brokers of virtual assets are required to prThe post Report: Woes under the Infrastructure Bill to be answered by the Treasury appeared first on AMBCrypto. дальше »
2022-2-13 23:30 | |
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Estonia’s Ministry of Finance says it does not plan to ban cryptos
Estonia’s Ministry of Finance does not plan to ban citizens from HODLing or trading cryptos. The ministry disclosed this news through a press release on January 2, noting that the recently approved draft bill on legislating virtual asset service providers (VASPs) only seeks to minimize the risk of financial crimes. дальше »
2022-1-6 22:00 | |
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Ukrainian president returns virtual asset bill to parliament for revision
Volodymyr Zelensky did not object to the bill's fundamental principles, but opposed the idea of creating a new watchdog agency.
дальше »2021-10-7 21:30 | |
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New Bill Calls for the Treasury Department to Submit a Report on Foreign Crypto Usage and Mining
With this report on virtual currencies and global competitiveness, the idea is to strengthen U.S.’s role globally, and crypto can play a critical role in that. The post New Bill Calls for the Treasury Department to Submit a Report on Foreign Crypto Usage and Mining first appeared on BitcoinExchangeGuide. дальше »
2021-9-29 20:07 | |
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South Korea’s ruling party plans to pass a bill to delay crypto taxation
South Korea’s ruling party, the Democratic Party of Korea, is planning to pass a bill that postpones the taxation of virtual assets before January 1, 2022. A report disclosed this news earlier today, noting the ruling party objected to Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki’s question of whether the Ministry […] The post South Korea’s ruling party plans to pass a bill to delay crypto taxation appeared first on Invezz. дальше »
2021-9-17 21:37 | |
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Texas: Governor Supports Crypto Bill to Push for Mainstream Adoption of Digital Assets
Greg Abbott, the Governor of Texas, supports the recent crypto and Bitcoin bill. His state aims to match and even outshine Wyoming as a leader in blockchain. HB 4474: Defining Virtual Currencies in Texas In a tweet on Mar 29, while responding to a recent article that articulates the content of a crypto Bill (HBRead More дальше »
2021-3-30 13:00 | |
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Ukraine: Draft Bill on Crypto Regulations Scales First Reading
Ukraine’s parliament has completed preliminary work on the deliberations concerning the enactment of crypto regulations in the country. Despite significant cryptocurrency adoption among Ukrainians, the absence of virtual currency laws has somewhat stifled the industry. дальше »
2020-12-3 02:00 | |
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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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Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments
On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […] дальше »
2020-7-31 22:04 | |
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US Senators Float Bill Requiring Congressional Watchdog to Study Crypto’s Role in Trafficking
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking. дальше »
2020-7-2 23:12 | |
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Louisiana Senate Proposes Virtual Currency Businesses Act; Crypto Companies Would Need to Register
A virtual currency business licensing bill (HB701) sponsored by state Rep. Mark Wright was cleared unanimously by the state House of Representatives and now has been forwarded to the Senate Committee on Commerce, International Affairs, and Consumer Protection. дальше »
2020-5-24 19:22 | |
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New Jersey Introduces Bill For Crypto Firms To Obtain Licenses From State Authorities
A New Jersey lawmaker introduces a bill to regulate the cryptocurrency and digital assets industry. The bill states each virtual asset company must obtain and maintain their operation license with the authorities in the state. дальше »
2020-2-22 19:32 | |
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Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses and residents. дальше »
2020-2-7 07:15 | |
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Hawaii Lawmakers Submit a Bill to Allow Banks to Provide Custody for Digital Assets
Hawaiian lawmakers have submitted a bill SB2594 on Jan. 18 that would make it legal for the banks to provide custody for digital assets. As per this bill, Hawaiin banks will be allowed to hold “Digital asset,” “Digital consumer assets,” “Digital security,” “Virtual currency,” and any other “open blockchain token” for their customers. Banks can […] дальше »
2020-1-24 19:33 | |
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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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New US Bill Could Make Small Crypto Transactions Tax-Exempt
U. S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan. 16. Known as the Virtual Currency Fairness Act of 2020, the bill eliminates the need for consumers to calculate taxes on crypto transactions that result in capital gains under $200. дальше »
2020-1-22 11:10 | |
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New U.S. Bill Could Make Small Crypto Transactions Tax-Exempt
U. S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan. 16. Known as the Virtual Currency Fairness Act of 2020, the bill eliminates the need for consumers to calculate taxes on crypto transactions that result in capital gains under $200. дальше »
2020-1-21 11:10 | |
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Oklahoma Lawmaker Launches Bill to Create Crypto Depository for Government Use
A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state. дальше »
2020-1-20 21:01 | |
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New Congressional Bill Seeks To Exempt Small Crypto Transactions From Taxes
A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […] дальше »
2020-1-17 00:18 | |
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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 […] дальше »
2019-8-9 20:18 | |
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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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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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The Importance Of Russian Ministry Of Finance Legalizing Bitcoin Trading Activities
The Russian Ministry of Finance is working in order to add new legislation to a bill related to virtual currencies. Apparently, this legislation would legalize cryptocurrency trading activities. This is according to a report from the Russian news outlet Interfax. дальше »
2019-6-24 20:25 | |
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IRS Commissioner Makes Crypto Tax Clarity a Priority
The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers. дальше »
2019-5-21 20:54 | |
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Minnesota Representative to Reintroduce Hard Fork Tax Reform Bill
Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance. дальше »
2019-5-17 18:34 | |
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State of Cryptocurencies and Blockchain Technology in India
After the recent announcement of a bill that will potentially ban virtual currency in India, BTCManager has summarized reports from the Reserve Bank of India (RBI) and the litigation surrounding the current blanket ban. дальше »
2019-5-1 21:00 | |
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Congress is Moving Forward With The Proposal of a Blockchain Promotion Act Bill
There have been several regulations implemented for virtual currencies and blockchain technology. However, these two areas remain highly unregulated in most of the countries around to world, including the United States. дальше »
2019-4-10 18:56 | |
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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Nevada Bill Regarding Multiple Uniform Standards Sees Pushback from Blockchain and Crypto Proponents
In Nevada, the State Senate introduced a bill in Judiciary Committee on Tuesday, which would bring in multiple uniform standards that would impact the entire virtual currency industry. Ultimately, crypto exchanges would have to register with the Department of Business and Industry, along with a few other changes. However, the representatives of multiple crypto and […] дальше »
2019-3-16 18:29 | |
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Several Nevada Stakeholders Oppose Uniform Virtual Currency Bill
SB195 was recently heard in the Nevada Senate, but myriad groups are opposed to the bill’s passage.
дальше »2019-3-14 23:31 | |
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Proposed Texas Bill Would Require ID Verification for Crypto Use
A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment. дальше »
2019-3-12 01:04 | |
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Utah Lawmakers Sponsor Bill to Exclude Cryptocurrency Transactions from Money Transmission Laws
A Utah state senator has introduced a bill that could exempt cryptocurrency and blockchain technology-focused businesses from the state’s money transmission laws. If passed, Utah would become the next after Pennsylvania and New Hampshire to classify virtual currency businesses outside the ambit of money transmission regulations. дальше »
2019-3-5 18:00 | |
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Cryptocurrency Regulation: Lawmakers in Rhode Island Introduce Bill Exempting Some Tokens from Securities Law
A group of state lawmakers in Rhode Island has introduced a bill that will provide an exemption for some cryptocurrency tokens from securities law. Rhode Island becomes the next state after Colorado and Wyoming to go about establishing clear-cut regulations for the emerging virtual currency landscape. дальше »
2019-3-4 15:00 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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Wyoming Passes New Friendly Regulations for Crypto Assets
The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets. дальше »
2019-2-15 22:18 | |
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