2021-8-1 17:30 |
The unreleased infrastructure bill is the talk of the crypto town, and for a good reason, as it aims to generate $28 billion in tax revenue from the current $1. 67 trillion cryptocurrency industry to help fund the nearly $1 trillion bill. origin »
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“When you target one industry the way they are with this bill, that’s bad policy no matter what the industry you’re targeting,” said Satoshi Action Fund CEO Dennis Porter.
2023-4-26 00:15 | |
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The uncertain language — intentional or not — of the infrastructure bill poses an existential threat to the U.S. Bitcoin mining industry.
2021-8-30 16:11 | |
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Betraying the hopes of the crypto industry that the Indian government will introduce the cryptocurrency regulation bill in the upcoming Monsoon session that kicks off on July 19, 2021, the list of bills that may tentatively be taken up does not include cryptocurrency bills.
2021-7-20 19:56 | |
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India is finally getting closer to having its first set of rules and regulations for the crypto industry. In an interview with a media outlet last week, Indian Finance Minister Nirmala Sitharaman has said that her ministry is ready with a proposal and it would be placed before the Cabinet for discussion. “We have done […]
2021-7-10 18:07 | |
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Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market.
2021-7-4 19:30 | |
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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
2021-6-17 19:00 | |
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Bitcoin’s rallies have brought the crypto industry to the fore of financial services, but it has also presented environmental issues. Bitcoin mining has shot up due to increased demand for the world’s oldest cryptocurrency.
2021-5-5 21:39 | |
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The Bitcoin realm is a safe haven for many investors, offering returns of more than 400% in the last twelve months. Investors and policymakers who were not fans of the digital currency are now investing in the digital world, not minding the volatility of the industry regardless of the fortunes associated with it. The most […]
2021-3-2 19:12 | |
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Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.
2021-2-16 13:10 | |
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Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading […]
2021-2-9 17:05 | |
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Sadly, this year has come with a jolt of reality, showing that all the progress of 2020 was essentially fruitless. Yes to a CBDC, No to Private Cryptos Earlier this year, the Lok Sabha Bulletin confirmed that the Indian government had introduced a new draft regulation that will see the country ban all private cryptocurrencies […] The post Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets first appeared on BitcoinExchangeGuide.
2021-2-9 20:16 | |
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Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about cryptocurrency regulation. The crypto bill is listed to soon be introduced in parliament.
2021-2-6 13:30 | |
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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.
2020-12-27 13:35 | |
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“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry," said Long.
2020-12-4 01:06 | |
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A new bill proposed to Congress strives to regulate the whole stablecoin market by asking all related activities to have federal approval first. This resulted in prominent personalities from the cryptocurrency industry coming down heavily to a submitted Congressional bill that would massively regulate stablecoin issuers.
2020-12-4 00:00 | |
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A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first
2020-12-4 06:36 | |
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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.
2020-12-3 02:00 | |
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Ukraine's parliament has approved the first version of a draft cryptocurrency bill, bringing regulation of the industry a step closer.
2020-12-2 15:52 | |
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Bill Barhydt, who is the CEO of Abra after working for NASA, the CIA, and Goldman Sachs, is looking to up his Bitcoin exposure amid current macroeconomic trends. Abra CEO May Soon Double Bitcoin Exposure to 25% of All Assets The industry chief executive announced on September 2nd that he is “considering doubling the allocation of #Bitcoin in my personal portfolio to 25%.
2020-10-4 04:27 | |
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The cryptocurrency industry just gained an organized structure for collaborating with world leaders, thanks to the World Economic Forum.
2020-5-23 15:00 | |
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The 'Youngest Bitcoin Millionaire' and Metal Pay CEO worked on an omnibus crypto regulatory bill introduced by Rep. Paul Gosar (R-AZ). This is what the industry thinks.
2020-3-10 21:32 | |
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Despite the Supreme Court repealing the RBI crypto ban, India’s crypto industry still faces significant challenges
2020-3-7 13:20 | |
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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.
2020-2-22 19:32 | |
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Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry.
2019-12-3 16:40 | |
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Stablecoins may became a security, if lawmakers’ efforts are successful. Garcia and Gooden presented their bill to the House Financial Services Committee at the end of November, and spoke at a committee hearing on the topic of big data in the financial industry.
2019-12-2 02:14 | |
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The Indian government released the list of bills they plan on presenting in the parliament’s winter session, and to the surprise of the Indian cryptocurrency ecosystem, the bill to ban virtual currencies was not on the list.
2019-11-15 16:00 | |
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At the hearings in Congress on October 23, Mark Zuckerberg warned US authorities against the danger of losing priority in cryptocurrency industry. Defending his Libra project, he drew congressmen’s attention to the fact that China is ready to launch own cryptocurrency.
2019-11-2 11:13 | |
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U.S. Congressman Tom Emmer announced that he is working on a new bill that can provide regulatory certainty for the cryptocurrency industry
2019-10-31 23:17 | |
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China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill.
2019-10-29 11:00 | |
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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.
2019-10-16 22:30 | |
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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.
2019-9-30 15:00 | |
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A member of the Berkeley City Council has reportedly become the first elected official to purchase cannabis with cryptocurrency. City Council Member Makes Cannabis Purchase with Crypto According to The Daily Californian, Ben Bartlett of the Berkeley City Council purchased cannabis using cryptocurrency during an event organized by the Blockchain Advocacy Coalition.
2019-9-16 20:00 | |
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Iran‘s government has put an end to months of speculation by ratifying a bill that acknowledges that cryptocurrency mining is a legitimate industry. But another recent bill has thrown a spanner in the works as Iran is still refusing to recognize cryptocurrency trading as lawful.
2019-8-5 14:53 | |
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Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry.
2019-8-5 12:20 | |
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The crypto industry in India is still in limbo this week while politicians acknowledge the proposed ban bill but remain evasive. The shift from regulation to blanket ban has sent shock waves through the nascent industry in the world’s second most populous country.
2019-7-31 16:00 | |
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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.
2019-7-31 10:15 | |
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Several crypto companies were recently approved by the authorities of France. The country is currently hoping to accelerate some of its plans in order to regulate this market and give more attention to the crypto world.
2019-7-17 08:41 | |
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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.
2019-7-16 10:15 | |
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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.
2019-7-15 11:30 | |
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It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […]
2019-6-17 16:53 | |
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Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies.
2019-6-11 09:22 | |
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Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies.
2019-6-11 09:22 | |
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FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Holding Up Adoption Of Regulations Adoption of cryptocurrency regulations has been postponed in Russia. FATF requires the terminology be changed to reflect major industry phrases like “Bitcoin” and “cryptocurrency.
2019-5-21 22:12 | |
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The Securities Commission of The Bahamas has escalated their proposal to create a new regulatory framework for the issuance and sale of digital tokens in order to attract more blockchain business to set up offices on the island.
2019-5-21 17:00 | |
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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.
2019-5-17 18:34 | |
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It’s long been known among people in the crypto industry that Bitcoin (BTC) and cryptocurrencies threaten the existing financial… The post US Congressman Afraid of Bitcoin, Introduces a Bill To Ban Bitcoin and Cryptocurrencies appeared first on Invest In Blockchain.
2019-5-17 18:34 | |
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By CCN: U. S. Senator Josh Hawley (R-MO) is introducing a bill to ban what Variety calls, “exploitative video game industry practices that target children like loot boxes and pay-to-win. ” Loot boxes are paid upgrades in video games that players can buy.
2019-5-10 00:47 | |
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Abra has long been a household name in the crypto industry, providing consumers worldwide with financial services and investment opportunities that are centered around Bitcoin (BTC) and other digital assets.
2019-4-23 19:06 | |
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Defining cryptocurrencies has been an ongoing difficulty in the industry as multiple branches within the United States have different ways to govern it. However, one ongoing debate is over whether certain tokens should be considered securities.
2019-4-10 02:17 | |
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The United Arab Emirates (UAE) is introducing new rules to promote cryptocurrency development while curbing digital currency scams targeting investors in the country. Under the new rules, crypto scammers will face prison time for up to 5 years and a penalty of up to AED 1 million (just over $272k), starting January 2, 2022.
One of the four regulated cryptocurrency exchanges in South Korea, Coinone, has announced that it will no longer allow withdrawals to non-verified external wallets starting Jan. 24, 2022. If Coinone users want to withdraw their crypto assets to another digital wallet, they would have to register their wallet address with the exchange, “in accordance with […] The post South Korean Exchange Suspends Withdrawals to External Wallets, Govt.
Democratic Senator Elizabeth Warren, a crypto skeptic, again criticized cryptocurrencies, saying they are not the path to financial equality. “The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars.
Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide.
The Bank of England to step up its talks with the international counterparts on a regulatory regime for cryptocurrency next year. In an interview with The Times, Sarah Breeden, executive director for financial strategy and risk at the central bank, said that as banks begin to offer crypto-assets trading and custody services to clients, global […] The post Bank of England to Coordinate with International Regulators for Stricter Crypto Rules first appeared on BitcoinExchangeGuide.
The Senate of Paraguay has passed a bill that will regulate the trading and mining of cryptocurrencies in the country. Paraguayan Senator Fernando Silva Facetti, one of the three authors of the bill, confirmed this on Twitter, saying Paraguay’s Chamber of Deputies will discuss the bill next year.
While Russian President Vladimir Putin supports crypto as a means of payment, the country’s central bank remains skeptical about them. “We are advocating for Russia’s financial infrastructure not to be used for investments into cryptocurrencies, and this is possible to implement,” Governor Elvira Nabiullina told a briefing on Friday.