2022-6-4 22:42 |
A new bill working its way through the House of Representatives would require members of Congress to report the value of any purchase, sale, or exchange of cryptocurrencies over $1,000.... origin »
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A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project.
2022-5-31 21:00 | |
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The European country’s Parliament, the Assembleia da Republica, declined two bills levying cryptocurrencies. Portugal’s Finance Minister on Taxing Cryptocurrency Earlier this month, on May 13th, the country’s Minister of Finance, Fernando Medina, established that Portugal would soon commence cryptocurrency taxes.
2022-5-27 13:00 | |
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The United States Congress has introduced over 80 new bills for consideration related to the crypto industry, so far, of which several have passed into law. The post US Congress introduces record number of crypto related bills appeared first on CryptoSlate.
2022-5-21 19:30 | |
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Kevin O’Leary made himself a household name as a co-host of “Shark Tank,” where budding entrepreneurs make their pitches to a panel of investors. On March 9, it was his turn to make a case for crypto: this time before a panel of about 30 American legislators.
2022-3-15 22:40 | |
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Congress may hold hearings on the environmental effects of Bitcoin mining soon. This happens amid concerns about developments in New York. Energy usage concerns continue to plague the primary digital asset.
2022-1-8 23:29 | |
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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.
2021-12-24 16:56 | |
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“If Congress does not enact legislation, the regulators will try to use what authority they have,” stated the U.S. Treasury official Nellie Liang.
2021-12-21 14:08 | |
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For the past few years, the Facebook CEO has shown futuristic plans. As the social network loses popularity and public trust, he has shown interest in new topics, ones that have not been used in testimonies against him in Congress.
2021-10-21 22:00 | |
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2021-10-15 16:15 | |
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The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.” Along with the crypto […]
2021-8-10 17:42 | |
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2021-8-5 13:36 | |
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The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1. 2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms.
2021-8-2 17:51 | |
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After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide.
2021-7-15 19:34 | |
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The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities.
2021-7-7 14:30 | |
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Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee.
2021-6-20 05:05 | |
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Less than a week since El Salvador’s “Ley Bitcoin” has been approved by its national congress and the international financial organism is reacting. The International Monetary Fund (IMF) has expressed “economic and legal” concerns over the nation’s new pro-BTC legislation.
2021-6-11 22:09 | |
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The U. S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.
2021-5-28 19:30 | |
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A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some users to bypass the requirements and […]
2021-5-27 06:30 | |
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The new chairman of the U. S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for investor protection in this area.
2021-5-21 17:00 | |
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The Senate held its first hearing on Gary Gensler's nomination to chair the SEC today.
2021-3-3 22:10 | |
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We didn't learn much new in today's hearing, but the spotlight was definitely on the gamified trading app, rather than the traders on r/WallStreetBets.
2021-2-19 01:13 | |
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The Executive Director of CoinCenter, Jerry Brito, has revealed that he is working with people in Congress to get some letters sent to the United States Secretary of Treasury, Steven Mnuchin, requesting the extension of what he says is a “rushed” comment period as per an update on Dec 28. The New Currency Reporting RuleRead More
2020-12-31 22:01 | |
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Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US.
2020-12-5 12:00 | |
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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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Many Americans are in need of second stimulus checks and a new coronavirus relief package. As Congress resumes stimulus negotiations, President Trump has called for a “big and focused” stimulus bill now.
2020-11-16 05:30 | |
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Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday. The benchmark cryptocurrency added $67, or 0. 5 percent, to trade near $11,827 ahead of the New York opening bell.
2020-10-20 16:00 | |
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The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize.
2020-10-8 00:33 | |
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A big day for crypto legislation in the United States.
2020-9-25 20:37 | |
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Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for short, is currently being discussed as a way to accelerate blockchain development in the US. While the rest of the […]
2020-9-9 14:55 | |
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The future of the US economy, and particularly consumer spending, remains in jeopardy, as unemployment benefits ended Friday. Both chambers of Congress have spent the last few days negotiating a new relief bill to no avail.
2020-8-2 19:20 | |
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With over 32 bills on digital currencies and payment systems introduced in the 116th U. S Congress, these new technologies got yet another day in the lawmakers’ chambers. According to a remote hearing earlier today, the U.
2020-7-1 21:58 | |
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A new bill in Congress asks the U.S. Federal Trade Commission to consider a national blockchain strategy.
2020-5-21 00:49 | |
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A new bill before Congress asks regulators to put together a massive survey on the state of blockchain adoption and rank the U.S.’s adoption relative to other nations.
2020-5-21 00:09 | |
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A U. S Congress lawmaker, Rep. Sylvia Garcia, called out Libra following the latest changes implemented in its new updated whitepaper claiming the changes do not address the concerns raised during the hearing.
2020-4-19 00:50 | |
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The U.S government has begun distributing the COVID-19 stimulus checks in a bid to boost the economy. In a new development in the Lower House, Representative Rashida Tlaib (D-MI) is looking to introduce a digital wallet in the new bill titled, ‘Automatic Boost to Communities Act (ABC)” to which the $2000 extended monthly payment will […]
2020-4-19 23:40 | |
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As the coronavirus pandemic rages on, the global economy hangs in a very precarious position. Bitcoin has gained circa 1.5% over the last 24 hours to trade at around $6,476. David Gokhshtein, a pro-crypto Republican candidate to the US House for New York’s 1st Congressional District in the upcoming elections has warned that bitcoin could […]
2020-4-1 18:49 | |
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New York's 1st Congressional District Republican Candidate David Gokhshtein commented on Bitcoin, predicting that people are going to start selling it soon, here?s why
2020-3-31 11:32 | |
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U.S. congress sees a new COVID-19 stimulus bill stripped of mention of the digital dollar, but at least one Senator is trying to bring it back
2020-3-25 18:16 | |
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During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance.
2020-2-13 21:39 | |
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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.
2020-1-22 11:10 | |
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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.
2020-1-21 11:10 | |
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Last month, the United States Congress announced that it would be introducing a new bill focused solely on cryptocurrency activities within the U.S. aptly named The Cryptocurrency Bill 2020. Although many people believe there are a number of different reasons for the introduction, ultimately the underlying catalyst of the bill being introduced was, beyond doubt, […] The post Op-ed: We’re missing the point of the new 2020 Cryptocurrency Act (USA) appeared first on CryptoSlate.
2020-1-20 18:18 | |
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The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event.
2020-1-17 01:00 | |
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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 […]
2020-1-17 00:18 | |
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New Jersey Office of Homeland Security and Preparedness Director Jared Maples predicted Wednesday that domestic terrorists will increasingly turn to bitcoin.
2020-1-16 21:57 | |
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On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U. S. Congress in order to sell them on the open market. McAfee said that the U.
2020-1-6 19:50 | |
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SEC Commissioner and ‘Cryptomom’ Hester Peirce tells Cointelegraph how recent changes in securities law may impact crypto and what she wants to see from Congress
2019-12-30 23:24 | |
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Draft cryptocurrency bill clarifies which agency should regulate each type of crypto-asset
2019-12-21 20:12 | |
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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out.
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.
The crypto industry has – with the addition of another $25 million from Coinbase Inc. on Monday – amassed one of the largest stockpiles of campaign cash in U.S. politics.
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U. S. congressional resolution to overturn the U.
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.