Could Spending Bitcoin From Personal Wallet Be Illegal In Wyoming? Community Questions New Bill

2019-1-24 13:29

Bitcoin (BTC) is expanding in the world as a revolutionary technology and many countries are already accepting it and regulating the market. This is the case of Japan or Singapore that are creating legal frameworks for companies and individuals to have a clear landscape where to operate.

There are several individuals and experts that believe that Bitcoin is not going to last long or at least believe that the digital asset is a scam. Nouriel Roubini for example, a New York Professor, has been criticizing the digital assets on many different occasions. He said that decentralization in the crypto space is a myth because the system is more centralized than North Korea.

The U.S. state of Wyoming is currently trying to find a better path for cryptocurrencies. Caitlin Long, a 22-year Wall Street veteran part of the Blockchain forum, has been working in order for the state to create a flexible and clear legal framework related to Bitcoin and cryptocurrencies.

However, there are some critics that believe that this bill in Wyoming is anti-innovation and it goes against Bitcoin and cryptocurrencies. Spending Bitcoin from personal wallets could be considered illegal and there should be a clarification on the matter. Apparently, investors cannot self-custody their assets, thus using a digital wallet to manage Bitcoins could be illegal in the United States.

Caitlin Long has also explained that there will be three types of digital currencies recognized by Wyoming. At the same time, banks would also be able to opt into an enhanced regulatory regime for digital asset custody.

Regulations are expanding all over the world and governments are trying to impose clear rules on the crypto space. The intention is to allow investors to operate in a better environment, favorable to digital currencies and blockchain tech.

Other countries such as Switzerland or Malta are also trying to attract new investors and companies with their clear legal frameworks on the matter.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 57758.08 (-0.22%)
Объем 24H $47.997b
Изменеия 24h: -4.53 %, 7d: -9.76 %
Cегодня L: $57348.57 - H: $58055.93
Капитализация $1137.418b Rank 1
Цена в час новости $ 3576.49 (1514.94%)

individuals bitcoin believe creating legal singapore case

Источник: bitcoinexchangeguide.com

individuals bitcoin → Результатов: 126


Фото:

Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle

Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register.

2019-1-17 16:45


New Apollo Mixer Crypto Tool Makes Coin Mixing Untraceable via Encrypted Transactions

In a moment in which privacy is more vulnerable than never before, Apollo Mixer can be a great ally for individuals searching to safeguard their data. Indeed, there are some countries such as China or Venezuela in which institutions know (almost) everything what people do, including with their money. Bitcoin (BTC) became an important tool […]

2019-1-6 03:19


Finland Tip-Off Sends Denmark Tax Agency After 2,700 Individuals For Bitcoin (BTC) Tax Debts

A Tip-Off From Finland Sends Denmark Tax Agency After 2,700 Individuals For Tax Debts Against Bitcoin Regulatory concerns have been part of the crypto industry more commonly for the last few years, and multiple countries are looking to figure out how to integrate these assets into their economy. One of the biggest issues for Denmark […]

2018-12-12 22:15


Фото:

Proof of Keys Celebration Encourages Individuals to Take Control of Their Digital Assets

The Proof Of Keys Celebration hosted on January 3 is encouraging members from the Bitcoin community to demand and take possession of their bitcoins currently held by trusted third parties. According to the Proof of Keys video uploaded on December 9, 2018, Trace Mayer, the host of the Bitcoin Knowledge Podcast, is keen to make the Proof Of Keys an.

2018-12-13 21:00


Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid

With the Holiday season in high gear, we have less than 3 weeks till we usher in the new year of 2019. Many individuals across the globe are probably decorating their Christmas trees and planning on how they will meet up with loved ones in the next few days as well as for New Year’s […] The post Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid appeared first on Ethereum World News.

2018-12-12 14:19


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Will THIS help XRP finally see the rally it's been waiting for?

More XRPs have recently been unlocked. The price has continued to decline. Recent data indicates a substantial unlocking of Ripple [XRP] tokens at the beginning of the month. This develoThe post Will THIS help XRP finally see the rally it's been waiting for? appeared first on AMBCrypto.

Why did Ethereum dive below $3K? Decoding ETH's sudden 6% fall

Ethereum has dropped below the $3,000 price range. ETH supply in profit dropped by around five million. The Ethereum [ETH] market witnessed a substantial price downturn as trading activity cThe post Why did Ethereum dive below $3K? Decoding ETH's sudden 6% fall appeared first on AMBCrypto.

Ethereum founder Vitalik Buterin says 'decentralize your security' - Why?

Vitalik Buterin proposes “multi-sig” to solve seed phrase issues with hardware wallets. Shamir is another alternative to storing seed phrases, but Buterin downplayed it.  Self-custody wThe post Ethereum founder Vitalik Buterin says 'decentralize your security' - Why? appeared first on AMBCrypto.

Why Ethereum's price can spiral towards $2500 over the next 7 days

Ethereum flipped its 1-day market structure bearishly. The former range highs were the next support region of interest. Ethereum [ETH] saw a wave of selling activity as profit-taking arose aThe post Why Ethereum's price can spiral towards $2500 over the next 7 days appeared first on AMBCrypto.

Chinese authorities arrest suspect in StarkNet airdrop identity scam

Chinese police arrested a suspect who stole 40,000 StarkNet airdrop tokens by submitting false identity claims before converting the ill-gotten STRK to over $91,000 in USDT. The post Chinese authorities arrest suspect in StarkNet airdrop identity scam appeared first on Crypto Briefing.

Will Bitcoin's 10% tumble in 7 days pull these altcoins down 30% as well?

AGIX, GRT, and APE, face potential crashes due to Bitcoin's bearish chart patterns. Major altcoins like Ethereum, BNB, and Solana have dropped significantly as well. In recent developments wThe post Will Bitcoin's 10% tumble in 7 days pull these altcoins down 30% as well? appeared first on AMBCrypto.