2023-7-28 17:32 |
The House Financial Services Committee has approved seven pieces of legislation, signaling a major revamp in how digital assets, ESG impacts and small business lending data collection are regulated in... origin »
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In a significant move for the digital asset ecosystem, the House Financial Services Committee passed the ‘FIT for the 21st Century Act,’ officially titled the “Financial Innovation and Technology for the 21st Century Act” on July 26.
2023-7-27 12:53 | |
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The legislation aims to establish a framework for licensing and regulating virtual asset service providers.
2023-7-6 15:20 | |
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South Korea's National Assembly has passed its first standalone legislation for digital assets, the Virtual Asset User Protection Act, which establishes safeguards for crypto traders and users, and mandates supervision of virtual asset services providers.
2023-7-4 11:12 | |
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Slovakian lawmakers have passed legislation to regulate and reduce the tax rate on cryptocurrency income. Under the new law, crypto income from assets held for at least a year will be taxed at a favorable rate of 7%, aligning Slovakia…
2023-7-1 11:24 | |
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The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local media SBS reported. The legislation combines 19 different crypto-related bills that aim to establish a regulatory framework for the industry and define digital assets that are securities.
2023-6-30 21:50 | |
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“Crypto Chronicles Unveiled: South Korea Enacts New Law to Safeguard Investors, Australia’s Crypto Association Urges Collaborative Efforts against Scams, and UK Crypto Bill Nears Final Approval” South Korea Takes a Stand: New Crypto Legislation Passed to Safeguard Fair Trading In a bid to shield cryptocurrency investors from potential setbacks like the recent Terra ecosystem incident […] Сообщение Today’s Unprecedented Happenings in the World of Digital Assets появились сначала на Coinstelegram.
2023-7-1 16:40 | |
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South Korea’s National Assembly has officially approved new legislation to safeguard users of virtual assets and amend the country’s capital market law. It prohibits unjust trading practices and provides user protection.
2023-7-2 15:39 | |
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South Korea’s National Assembly has officially approved new legislation to safeguard users of virtual assets and amend the country’s capital market law. It prohibits unjust trading practices and provides user protection.
2023-6-30 15:39 | |
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Lawmakers in Slovakia recently voted to confirm legislation to regulate and tax cryptocurrency income at a lower rate. Starting in effect, crypto income on assets held for at least a year will only be taxed at 7% instead of the current rates of 19% or 25%.
2023-6-30 00:00 | |
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Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders.
2023-6-30 20:00 | |
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The U. S. House Financial Services Committee is set to vote on new legislation regulating digital assets, including cryptocurrencies and stablecoins. The proposals are scheduled to be debated in the second week of July.
2023-6-22 04:00 | |
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The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.
2023-6-12 10:54 | |
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MiCA, which comes fully into force by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states.
2023-6-9 13:18 | |
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The Digital Assets Financial Technology Inclusion Committee held a hearing on May 18 to discuss stablecoin policy. In opening the meeting, Congressman French Hill said it is the committee’s aim to put through legislation supporting stablecoins as a recognized payment method.
2023-5-19 00:52 | |
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The European Parliament has passed a comprehensive set of regulations aimed at the cryptocurrency industry, making it the first of its kind in the world. The legislation, known as the Markets in Crypto Act or MiCA, aims to reduce risks for consumers purchasing crypto assets by holding providers liable for any loss of investors’ crypto-assets.
2023-4-22 13:45 | |
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In a landmark decision on Thursday, the European Union (EU) Parliament passed the EU Markets in Crypto-Assets (MiCA) regulation, bringing the first-ever EU legislation for policing crypto assets one step closer to becoming law.
2023-4-21 13:17 | |
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U.S. lawmakers are pushing for the reintroduction of the bill responsible for reforming how digital assets are evaluated for tax purposes.
2023-3-7 21:25 | |
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Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance financial freedom for American customers in the U.
2023-2-23 03:00 | |
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The European Union’s landmark new legislation, the Markets in Crypto Assets Regulation (MiCA), has been delayed due to technical reasons.
2023-1-18 14:08 | |
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Coinspeaker US House Republicans to Create Crypto Subcommittee for Oversight and Legislation Representative French Hill (R-Ark), who led Republicans in the effort to test the successful ability of a CBDC, will head the new subcommittee of crypto assets, financial technology, and inclusion.
2023-1-13 14:14 | |
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The legislative assembly of El Salvador has passed a landmark law to establish a legal framework for digital assets. the legislation paves the way for the Volcano Bonds, proposed by President NThe post What are Volcano Bonds? All about El Salvador's efforts to further crypto adoption appeared first on AMBCrypto.
2023-1-12 14:45 | |
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Argentina is set to introduce a new draft bill requiring citizens to declare their cryptocurrency holdings. Otherwise, they could face hefty tax penalties. Argentina’s new draft bill targets crypto assets The bill is meant to tighten the country’s anti-money laundering…
2023-1-11 09:14 | |
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Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why this matters: If the Investments and Securities Act, 2007 (Amendment) Bill passes, the Nigerian securities and exchange commission (SEC) will recognize cryptocurrencies and other digital assets as capital for investment.
2022-12-25 15:03 | |
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United Kindom’s tax regulator invited crypto service providers to operate in its jurisdiction by announcing the inclusion of cryptocurrencies in a tax exemption program. The Commissioners for His Majesty’s Revenue and Customs (HMRC) have published legislation defining “designated crypto assets”…
2022-12-21 16:36 | |
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A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian Parliament fails to consider legislation.
2022-12-20 00:56 | |
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United States Democratic Senator Elizabeth Warren is teaming up with Republican Senator Roger Marshall to work on a bipartisan bill that will introduce new legislation to close loopholes in the financial system that allow digital assets to be used for money laundering.
2022-12-14 16:52 | |
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The move anticipates new EU legislation by excluding non-fungible assets.
2022-12-6 17:03 | |
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Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders.
2022-11-24 11:09 | |
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Technical issues in the lengthy text are set to delay the start of the licensing regime under the Markets in Crypto Assets regulation.
2022-11-5 14:13 | |
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The Law Commission of England and Wales is exploring how digital assets should be treated under existing and new legislation, and its suggestions may upend centuries-old legal norms.
2022-10-19 12:30 | |
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The European Union (EU) recently announced new legislation that will continue to regulate the crypto industry within its borders. While many argue that decentralized digital assets should be free from intervention, this news shows that power-makers are starting to take crypto seriously and that it has a considerable future in global finance.
2022-10-8 21:00 | |
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A finalized text of the Markets in Crypto Assets (MiCA) legislation now seeks to bring Non Fungible Tokens (NFTs) and algorithmic stablecoins under its regulatory purview. According to a bill draft dated September 20, EU authorities have been urged to take a “substance over form” approach to the law, suggesting that NFTs such as BAYC’s […]
2022-9-23 21:29 | |
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Two top-ranking members of the U.S Senate Committee have proposed legislation that could see Bitcoin, Ethereum, and other digital assets fall under the oversight of the Commodities Futures Trading Commission (CFTC).
2022-8-3 17:32 | |
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Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president.
2022-7-29 00:52 | |
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Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks.
2022-7-21 00:01 | |
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Bitcoin and other types of crypto has just been outlawed in Russia by no less than the commander in chief himself. A Russian legislative support system website said that on Saturday, Russian President Vladimir Putin approved a legislation setting immediate prohibitions on the use of digital financial assets as a payment method in the country. […]
2022-7-16 16:26 | |
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Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill.
2022-6-30 04:00 | |
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The legislation would oblige the DFA managers to withhold any deals, implicating the usage of crypto as a monetary surrogate.
2022-6-9 15:43 | |
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Japans parliament has passed legislation clarifying the legal status of stablecoins. The new bill also mandates that any entity providing stable crypto assets must guarantee holders the right to redeem...
2022-6-3 13:48 | |
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The sponsor of the freshly-passed legislation spoke on Twitter spaces on Thursday afternoon.
2022-4-29 23:02 | |
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The European Union will be moving ahead with the proposed Markets in Crypto Assets (MiCA) legislation. However, the legislation will not include a ban on proof-of-work mining. Proof-of-work is a consensus implemented by blockchains such as Bitcoin (BTC/USD) and Ethereum (ETH/USD).
2022-3-28 13:12 | |
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With the MiCA regulation, the European Union is getting specific legislation for crypto assets that is harmonized across EU member states.
2022-3-21 08:14 | |
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The European Union Parliament's economics and monetary committee will vote on the Markets in Crypto Assets (MiCA) legislation next week.
2022-3-8 19:35 | |
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At 30%, India’s tax rate on income from digital assets is unarguably steep. Ashish Singhal, the Chief Executive Officer and founder of CoinSwitch told CNBC in an interview that this proposed legislation was a good development.
2022-2-5 23:40 | |
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On Sunday, the Estonian Ministry of Finance squashed reports that it would prohibit cryptocurrency ownership and trading. According to their new draft legislation for virtual asset service providers (VASPs), customers will not be banned from possessing or trading virtual assets.
2022-1-5 02:00 | |
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After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.
2021-12-7 18:56 | |
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Per a report by Breitbart News, U. S. Senator Ted Cruz (R-TX) has introduced a resolution that could bring Bitcoin right to Congress. The government official proposed legislation on November 1st for the institution to increase its awareness and involvement with digital assets.
2021-11-3 01:00 | |
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The White House has made its stand on a newly introduced amendment to the Infrastructure Bill whereby it acknowledged it. Crypto advocates argue that the language in the legislation, which requires brokers of digital assets to report on crypto trading gains, is vague.
2021-8-7 15:00 | |
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The Digital Asset Market Structure and Investor Protection Act, new legislation proposed by Congressman Don Beyer (D-VA-08) that would protect consumers and promote innovation by incorporating digital assets into existing financial regulatory structures, has been noted to be a step in the right direction in clearing the current regulatory uncertainty surrounding cryptocurrencies. Beyer who proposed […]
2021-8-5 18:27 | |
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Ethereum Co-Founder Vitalik Buterin has responded to rising concerns about the uncertainty of the chain’s scaling roadmap and its impact on future gas (transaction) prices. His proposal? Have aThe post Why Vitalik’s 'gas futures market' idea has split experts appeared first on AMBCrypto.
Zcash’s bullish sentiment improved as the broader market rebounded and buyers extended the recent breakout attempt. Strong intraday momentum and a rise in long-side positioning added pressure to theThe post Zcash jumps 16% yet liquidity warns caution – Can ZEC break $385? appeared first on AMBCrypto.
The Commodity Futures Trading Commission [CFTC] has launched a pilot program that allows digital assets—including Bitcoin, Ethereum, and USDC—to be used as collateral in regulated derivatives markThe post Bitcoin and Ethereum cleared as collateral under new CFTC program appeared first on AMBCrypto.
With crypto token buybacks at full throttle across the market, Ethena Labs continued its aggressive accumulation of ENA. That steady purchasing supported price stability, and the team returned toThe post Ethena Labs cuts ENA’s exchange supply - $0.
Bitcoin For Corporations [BFC] has formally urged MSCI to withdraw its proposed digital-asset exclusion rule, arguing that it risks removing dozens of legitimate companies from major global indexes siThe post ‘This proposal unfairly targets a single asset class’ — Bitcoin For Corporations challenges MSCI appeared first on AMBCrypto.
Double Zero, the infrastructure blockchain, could be witnessing a turnaround after a month-long decline that saw its value drop by 25%. Recent data showed that its performance has been growing steadiThe post Double Zero climbs 10% after 25% drop - 2Z’s turnaround begins? appeared first on AMBCrypto.
XRP had a tense week as whales offloaded 510 million tokens, triggering intense debate over whether the market could absorb the sudden supply shock. Over several sessions, whales keep trimming poThe post XRP stays resilient despite 510mln sell-off – Why THIS zone matters now appeared first on AMBCrypto.