2023-10-16 08:20 |
Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024. origin »
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The EU is set to release draft legislation which would hinder the bitcoin mining industry while encouraging the use of proof-of-stake based cryptocurrencies.
2022-10-19 16:56 | |
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Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
2022-9-24 05:43 | |
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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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A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input.
2022-7-26 00:37 | |
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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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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
2022-4-14 22:11 | |
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A draft of legislation regarding stablecoins has been proposed by US lawmaker Josh Gottheimer; however, it has faced a backlash from critics
2022-2-15 18:03 | |
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HODLers in Russia have a reason to smile as holding cryptocurrencies in the country could soon be legalized. According to a Feb. 8 announcement, the Russian government and central bank are jointly preparing draft legislation that will define crypto as currency.
2022-2-9 15:22 | |
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Following the stock market crash of 1929, FDR called on the then notorious stock speculator Joseph Kennedy to draft legislation to form the Securities Exchange Commission. The “Securities Acts” were designed to officially form the agency and adopt rules that required issuers of securities to transmit information through the mail to investors containing financial and operational disclosure so informed investment decisions can be made by the People.
2022-2-3 17:29 | |
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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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Estonian Ministry of Finance released an official clarification of the recently submitted draft legislation that stirred up rumors about a possible ban on cryptocurrencies. According to the rebuttal, the bill, which still needs to undergo three parliament readings, was drafted and submitted in a bid to tighten the existing crypto service providers licensing, and will […] The post The Estonian government is not banning crypto, but drafts legislation to tighten regulation appeared first on CryptoSlate.
2022-1-4 06:30 | |
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The Russian government has introduced a draft policy for crypto exchanges under its anti-corruption legislation. According to the government’s website, federal security officials are now allowed to send crypto exchanges inquiries.
2021-11-3 16:51 | |
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South African Finance Minister Enoch Godongwana has introduced a draft of legislation that describes restrictions on how pension fund member funds are invested, according to Regulation 28. The post New South African Legislation Looks to Ban Non-CBDC Crypto From Pension Funds appeared first on BeInCrypto.
2021-10-31 17:14 | |
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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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Russia’s State Duma Committee has begun preparing new legislation for cryptocurrencies. According to an official announcement made earlier today, the country’s lawmakers noted the introduction of The post Russia introduces draft law to tax cryptocurrency as property appeared first on AMBCrypto.
2021-2-16 18:30 | |
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The Russian Federal Ministry of Economic Development has proposed new legislation that seeks to legalize crypto as well as blockchain-based initiatives through a special regulatory framework. The Ministry of Economic Development has already crafted and introduced a draft legislation to the State Duma, Russian Parliament, in a bid to enable the testing of blockchain and […]
2020-3-25 23:44 | |
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The Democratic Party-controlled U. S. House of Representatives has introduced draft legislation that includes the creation of a digital dollar to be used for stimulus payments to Americans due to the COVID-19 pandemic.
2020-3-24 14:00 | |
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Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000.
2019-12-27 11:48 | |
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A draft legislation in Australia is seeking to prohibit the use of cash in making transactions for amounts exceeding $AUD10,000 ($6,900) has spared cryptocurrencies. The goal of imposing the cash payment limit is to prevent tax evasion, money laundering and other illicit activities.
2019-7-29 15:59 | |
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Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a new set of preliminary guidelines that govern the size of cash-based currency payments.
2019-7-29 09:21 | |
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It is quite evident by now that the government of India doesn’t like bitcoin in particular and cryptocurrencies in general. Regulators in the country have officially clamped down on bitcoin and other cryptocurrencies, with a draft legislation making it clear that holding, buying or selling cryptocurrencies in the country is a crime.
2019-7-23 16:39 | |
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A copy of draft legislation barring big tech from entering the banking industry and providing financial services has been doing the rounds. It is believed that this draft has been circulated amongst the House Financial Services Committee’s Democratic majority.
2019-7-16 11:00 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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A member of Texas House of Representatives Phil Stephenson has introduced a draft bill which if passed will require residents of Texas to give their identity before they can use cryptocurrencies like bitcoin.
2019-3-12 22:00 | |
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Russia’s cryptocurrency draft bill has been adopted in its second reading by the national parliament, with amendments
2019-3-5 20:30 | |
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The chairman of Russian parliament’s upper house says that a one-year delay is unacceptable for the legislation on the digital economy
2019-1-31 20:53 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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CoinSpeaker Japan’s Financial Watchdog Hints at Its Readiness to Approve Crypto ETFs After barring crypto derivatives, Japan is currently gauging industry interest in ETFs tracking digital currencies.
2019-1-8 11:43 | |
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Draft legislation designed to hamper Iran’s efforts to create a sovereign cryptocurrency has been introduced in the U. S. Congress. The Blocking Iran Illicit Finance Act bans U. S. citizens and companies from all transactions and dealings in Iranian digital currency.
2018-12-24 00:30 | |
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A draft law being considered by Russian lawmakers is meant to regulate the cryptocurrency crowdfunding industry (ICOs). It proposes to set a maximum annual limit of $9,000 for ordinary citizens wishing to participate in any crypto and blockchain related crowdfunding efforts.
2018-12-20 13:02 | |
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The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central bank, under draft legislation designed to prevent crypto assets such as BTC from being used […] The post Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering appeared first on Bitcoin News.
2018-12-12 18:15 | |
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Malaysian Regulator And Central Bank To Create Crypto Regulation Crypto regulation was an important issue in 2018. As the market boomed in 2017 and developed afterward, it was important to define rules and legislation for it.
2018-12-7 21:47 | |
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The proposals have become the latest effort to introduce US virtual coin-related legislation on a federal level.
2018-12-7 13:41 | |
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A South African law firm has published a short essay on proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Laws Amendment Bill, published by the National Treasury in July, will be bad for the digital asset industry, according to local media reports.
2018-11-26 18:15 | |
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The Cyberspace Administration of China (CAC) has announced that it will accept public feedback through Nov. 2 on draft rules it recently published to regulate blockchain projects, but the proposed legislation has already drawn a mixed response from distributed ledger technology (DLT) analysts.
2018-10-30 15:15 | |
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A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News.
2018-9-3 14:05 | |
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The European Union is reportedly planning to impose stricter regulations on social media platforms including Facebook, YouTube, and Twitter over the removal of online terrorist propaganda. The Financial Times reported on Sunday that according to new draft regulations to be published next month, the EU plans to impose fines on companies if terrorist content is not deleted within an hour of posting, abandoning its earlier approach of getting internet platforms to remove such content voluntarily.
2018-8-20 07:41 | |
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The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details of the Draft Cryptocurrency Tax Legislation The draft cryptocurrency tax legislation follows on from the press release issued by SARS in April 2018.
2018-8-9 03:00 | |
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The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details of the Draft Cryptocurrency Tax Legislation The draft cryptocurrency tax legislation follows on from the press release issued by SARS in April 2018.
2018-8-9 03:00 | |
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The Romanian Ministry of Finance has published a draft “Emergency Ordianance” regulating the issuing of electronic money, Business Review reports. The new bill requires issuers of over EUR 350,000 of social capital in the form of electronic money to be cleared by Romania’s central bank.
2018-7-9 18:49 | |
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Why Malta The government of Malta actively works on the development of transparent and favorable laws in the field of blockchain industry regulation. There are plans to establish a special agency – a Digital Innovation Authority that would control and certify blockchain companies.
2018-7-7 01:29 | |
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Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.
We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC's Director General said.
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.
The company has also received approval in Dubai, U.K., the Netherlands and Spain.
MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.