Crypto Bill Shot Down by Australian Senate

Rejection of bill comes amid increasing calls for clarity in cryptocurrency regulation, with critics warning that delay could drive investment offshore and expose consumers to risk in unregulated market

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The $1.9 trillion U.S stimulus bill could finally send Bitcoin to $50,000

The United States is about to pass the $1. 9 billion stimuli. For Bitcoin, this means the bountiful season is about to begin. When the potential impact of the stimulus is considered, Bitcoin at $50,000 may be much closer than we think.

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Wyoming Bill Could Grant Company Status to DAOs

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Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’

Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting to bitcoin in order to avoid incurring […]

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Legendary Investor Bill Miller: ‘Bitcoin Could be Rat Poison’ But ‘Cash is the Rat’

The Ongoing Trickle into Bitcoin Will Become a Torrent as BTC is “Very Early in Adoption Cycle” The post Legendary Investor Bill Miller: ‘Bitcoin Could be Rat Poison’ But ‘Cash is the Rat’ first appeared on BitcoinExchangeGuide.

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Tether Regulation Proposal ‘Apocalyptic’ for Crypto

A new U. S. bill called the Stable Act is stirring anxiety in crypto circles. Passage could effectively put an end to billions of dollars of transactions and throw the industry back several years.

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US Lawmakers Reach Agreement on Stimulus Bill, Vote Could Come Tonight, McConnell Says: CNBC

Negotiators on Sunday were hammering out final details of a $900 million pandemic stimulus, the Wall Street Journal reported.

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It’s Time For Plan B: Leela Quantum Tech Reveals Bitcoin Edition Protective T-Shirt

At the start of 2020, did anyone genuinely anticipate a global pandemic? Sure, the likes of Bill Gates and others warned of such a reality, but nobody knew if or when it would ever occur, nor did their warnings ever come with a plan that could prevent such a scenario.

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Bill Gates: about Six COVID-19 Vaccines Could Be Available by Spring 2021

Continue reading at Coinspeaker

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Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near

As Americans wait to hear if they will receive second stimulus checks, lawmakers are scrambling to avert the looming government shutdown. A spending bill, which could include some stimulus measures, must be passed before the Dec.

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Digital identity is the future, US congressman Bill Foster says

Technology could hold the keys to identity theft protection.

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‘$2.6 Trillion’ Stimulus Bill With Second Direct Payments to Americans Ready for Voting

US lawmakers are intensely discussing a new stimulus package that could cost between $2. 2 trillion and $2. 6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin heat up over the content of the bill.

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New Bipartisan Bill Would Classify Digital Tokens as Commodities, Not Securities, in US

A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law.

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Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders

Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve token contract and could not retrieve it.

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Could Russia lead Eastern Europe’s crypto boom?

Russia’s new bill brings it in line with U.K. legislators, though there is a distinction between the approach of the FCA and the State Duma.

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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 […]

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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.

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CZ Binance Says Twitter Hack Was "Net Positive" for Bitcoin, Here?s Why

CZ Binance joked that he feels privileged to have his Twitter page hacked with the likes of Bill Gates and Barack Obama, explained why this hack could be good for Bitcoin

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U.S Senate Sanctions Following the Hong Kong Security Law Could Affect Crypto Brokerages

The U. S Senate sanctions that were passed in response to the Hong Kong security law might affect crypto brokerage operations. Dubbed the ‘Hong Kong Autonomy Act,' this senate bill aims to reprimand China for eroding the city's autonomy, which had long favored its position as a financial hub.

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Congress Wants to Add Backdoors to All Your Data in Latest Anti-Privacy Bill

U.S. lawmakers have introduced the Lawful Access to Encrypted Data Act (LAED), a bill that could give the government near-total access to user data. Nevertheless, cryptocurrencies like Bitcoin, Monero, and...

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China’s Civil Law Could Enable Citizens to Inherit Bitcoin

China’s Inheritance Law might soon be updated to include internet property and cryptocurrency, including Bitcoin. The draft bill is currently being reviewed by the government. New Inheritance Law to Be Part of China’s First Civil Code, and It Could Impact Bitcoin Recently, the Chinese parliament revealed the draft of its first civil code, which includes the protection of civil rights like property, personality, contract, marriage, infringement, and inheritance.

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New $3 Trillion Coronavirus Relief Bill: Second Stimulus Checks Could Be Coming to Americans

Americans could be getting their second stimulus checks as a new coronavirus relief bill has been introduced. It includes more direct payments of up to $6,000 per household. The new bill is expected to cost more than $3 trillion, making it the biggest emergency relief package in U.

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This Coronavirus Insurance Bill Could Crash the U.S. Stock Market

Congress is examining a coronavirus insurance bill, but it could end up forcing insurance companies to crash the U.S. stock market. The post This Coronavirus Insurance Bill Could Crash the U.S. Stock Market appeared first on CCN.com

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Bill Gates Is More Optimistic about Coronavirus Pandemic Than Donald Trump

Coinspeaker Bill Gates Is More Optimistic about Coronavirus Pandemic Than Donald TrumpMicrosoft co-founder and philanthropist Bill Gates, who warned five years ago that the world’s greatest threat is a pandemic, believes that the current coronavirus crisis is "a nightmare scenario" but it could be worse.

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Ledger Cast - Crypto Quarantine

In this episode, Josh and Brian talk about the $2T relief bill, alts, and how bitcoin could end up stuck in a range for a couple of months.

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Economist: Here’s how one Bitcoin call option could provide a 2,100% ROI by 2021

One economist is now noting that one simple trading strategy could provide Bitcoin believers who are receiving a $1,200 cash payout from the U. S. government’s newly passed stimulus bill with a way to maximize their money.

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U.S. Working on Stimulus Bill in Response to COVID-19

Coinspeaker U. S. Working on Stimulus Bill in Response to COVID-19U. S. Senate leaders and the Trump administration neared an agreement on a massive stimulus bill that could inject $2 trillion into the economy to blunt the impacts of the coronavirus.

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Russia: New Bill Could Put Blanket Ban on Cryptocurrency Issuance & Sale

According to a Forbes report published on March 21, 2020, a senior Russian official has warned that its delayed bill on cryptocurrencies will include a ban on issuing and selling of digital currencies.

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Trump/Pelosi Bipartisan Relief Act Could Stabilize Bitcoin, Stock Markets

The customary infighting between Democrats and Republicans took a break Saturday. House Speaker Nancy Pelosi (D-CA) carried a bill through the House of Representatives with the approval of President Donald Trump.

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Central Bank of Russia Proposes Amendments To Legal Framework for Tokenization

The proposed cryptocurrency legislation in Russia could change a lot, now that a new bill for tokenization has been filed. On February 17, the Central Bank of Russia (CBR) has made the announcement that it has completed a blockchain tokenization pilot program.

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Trump Rape Claim Scandal Flashes Eerie Parallel to Clinton Impeachment

Donald Trump could be following in Bill Clinton's footsteps as DNA on a dress threatens to corroborate E. Jean Carroll's rape accusation. The post Trump Rape Claim Scandal Flashes Eerie Parallel to Clinton Impeachment appeared first on CCN.com

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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.

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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.

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Why Bitcoin Adoption May Spike if Australia’s Proposed “Cash Ban” Activates

People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being considered by the Australian Parliament; if passed, the bill is likely to drive citizens away from traditional financial institutions and towards decentralized cryptocurrencies like Bitcoin.

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Virginia’s General Assembly To Discuss Blockchain-Based Voting, Could Become Law in Two Years

The State of Virginia might adopt a blockchain based voting system within the next two years if a bill that was recently pre-filed is passed. This newly proposed bill seeks to determine the use case of blockchain in voter record security and cost efficiency in Virginia’s elections.

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U.S. “Sanctions Bill from Hell” is a Declaration of War on Europe as Well as Russia

DASKA is a proposed U.S. bill designed to sanction anyone doing business with Russia. Here's why it could backfire tremendously. The post U.S. “Sanctions Bill from Hell” is a Declaration of War on Europe as Well as Russia appeared first on CCN.com

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Billionaire’s grandson Bill Pulte wants to give Bitcoin to people in Africa

Bill Pulte, the heir to the Detroit real estate giant PulteGroup, has set his sights on sending Bitcoin to those in need living in Africa. Pulte, who gained popularity by giving out hundreds of thousands of dollars to strangers on Twitter, is big on Bitcoin and believes it could be used to fight poverty in […] The post Billionaire’s grandson Bill Pulte wants to give Bitcoin to people in Africa appeared first on CryptoSlate.

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Europe: Banks May Hold and Sell Bitcoin Starting From 2020

According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal.

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Germany proposes bill to allow banks to deal in cryptocurrency in 2020, here’s what this will mean [UPDATED]

The federal parliament of Germany has drafted a bill that, if enacted, will allow banks to become custodians and merchants of cryptocurrency in 2020, German business newspaper Handelsblatt reported Wednesday.

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New Bill ‘Managed Stablecoins Are Securities Act’ Could Put Facebook’s Libra Under SEC Purview

Lawmakers from the United States have recently introduced a new bill that has the goal of putting Facebook’s new stablecoin project Libra under the U. S. Securities Law. If the law is passed, Libra would be regulated by the U.

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Hong Kong Bill Could Be Nail in Coffin for US-China Trade Deal

Trump will likely sign a bill supporting Hong Kong protests, according to…

The post Hong Kong Bill Could Be Nail in Coffin for US-China Trade Deal appeared first on CCN.com

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Bill Gates’ Best Bet to Trounce Jeff Bezos in Net Worth Rankings Is Really Boring

Bill Gates is currently around $1 billion richer than Jeff Bezos. For Gates’ net worth to stay above Bezos’, he’ll need Microsoft’s most boring division – cloud computing – to remain ridiculously lucrative.

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US Interference in Hong Kong Protests Could Hinder China Trade Deal

Hong Kong protests are escalating, which has pushed U. S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks.

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America’s Misled Billionaire Loathing Will Intensify Before 2020 Elections

In a recent interview with the New York Times’ Andrew Ross Sorkin, Bill Gates gave his opinion on Elizabeth Warren’s billionaire taxes. As the second-richest individual in the world, Gates agreed the wealthy should pay higher taxes but insisted that making the tax rate too high could encourage tax dodging and become counterproductive.

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Congressman Tom Emmer Announces Bill To Protect Crypto From The SEC

Following last week’s Congressional hearing with Mark Zuckerberg over Facebook’s Libra intentions, one lawmaker, Tom Emmer, has outlined his intention to introduce a new U. S. crypto bill that could provide token sales legal protection from SEC enforcement actions.

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Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

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California AB5 Threatens to Permanently Kill Lyft & Uber

The first major regulatory assault on rideshare is about to crash headlong into Lyft and Uber, courtesy of California bill AB5. California Bill AB5 Could Kill Rideshare The California legislature appears certain to pass AB5, which would effectively force Lyft and Uber to reclassify drivers from independent contractors to employees.

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Uber and Lyft Stocks Hit New Lows Amid Fears of California Bill

Coinspeaker Uber and Lyft Stocks Hit New Lows Amid Fears of California BillCalifornia's state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times.

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College Athletes Move a Step Closer to Getting the Money They Deserve

Payday could finally be coming for some college athletes. California Senator Nancy Skinner just tweeted that her SB 206 bill won unanimous approval from the Assembly Appropriations Committee. Yes! My bill, #SB206 — which will give California college athletes the rights to monetize their name, image, and likeness — just won unanimous approval from the […] The post College Athletes Move a Step Closer to Getting the Money They Deserve appeared first on CCN Markets

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