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New US Bill Could Make Small Crypto Transactions Tax-Exempt
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. дальше »
2020-1-22 11:10 | |
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New U.S. Bill Could Make Small Crypto Transactions Tax-Exempt
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. дальше »
2020-1-21 11:10 | |
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Ethereum Foundation Researcher Arrested by FBI for Allegedly Helping North Korea Evade U.S. Sanction
Virgil Griffith, a research scientist with the Ethereum Foundation and citizen of the United States, has been arrested under the International Emergency Economic Powers Act in line with the accusation that Griffith helped North Korea understand how they can use cryptocurrency to evade United States economic sanctions on their country. дальше »
2019-11-30 10:00 | |
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New Bill ‘Managed Stablecoins Are Securities Act’ Could Put Facebook’s Libra Under SEC Purview
Lawmakers from the United States have recently introduced a new bill that has the goal of putting Facebook’s new stablecoin project Libra under the U. S. Securities Law. If the law is passed, Libra would be regulated by the U. дальше »
2019-11-21 22:18 | |
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TokenSoft introduces support for ’40 Act compliant token offerings
TokenSoft, a platform for issuing blockchain-based tokens, lately introduced support to registered investment companies under the 1940 Act including ’40 Act Funds. A ’40 Act fund is a pooled investment vehicle offered by a registered investment company. дальше »
2019-11-7 04:05 | |
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US Lawmaker Introduces Bill Classifying Stablecoins as Securities
A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933. дальше »
2019-10-23 21:25 | |
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U.S. Financial Watchdogs Draft Joint Statement on Cryptocurrency
Top financial regulators in the United States, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) have issued a joint statement reminding cryptocurrency market participants of their anti-money-laundering (AML) and counter-terrorist financing obligations under the Bank Secrecy Act (BSA), reports EconoTimes on October 14,Read MoreRead More. дальше »
2019-10-14 17:00 | |
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Facebook and Calibra sued in NY court for trademark infringement
Facebook and Calibra gets sued by Plaintiff Finco Services for trademark infringement, unfair competition and “false designation of origin” under the U. S. Lanham Act. In addition to alleging copy of Calibra swirly tilde logo, the accusing party also seek preliminary and permanent injunctive relief , which may force Calibra to stop using the current trademark. дальше »
2019-10-11 17:03 | |
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California bans law enforcement from using facial recognition software for the next 3 years
California lawmakers today passed a bill placing a three-year state-wide moratorium on the use of facial recognition technology by law enforcement agencies. AB 1215, The Body Camera Accountability Act, was introduced earlier this year by assemblymember Phil Tang, a Democrat. дальше »
2019-10-10 03:10 | |
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Here’s how data driven startups are helping to make cities greener
The world is in a state of climate emergency. The importance of tackling climate change has arguably never been higher. Governments around the world are coming under increasing pressure to act and deliver initiatives to make our cities greener, cleaner, and all-round better places to live. дальше »
2019-10-1 17:47 | |
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‘Innovation Crushing’ Crypto Law Could Sneak Through California Legislature
A proposed law in California could have a disastrous impact on both the U. S. cryptocurrency scene and the global industry, according to a newly-launched advocacy group. Launched today, The Aquarian Advocacy Group (TAAG) says it will campaign the proposed Uniform Regulation of Virtual Currency Businesses Act, which is currently under debate in California’s State Assembly. дальше »
2019-9-30 20:00 | |
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Facebook and WhatsApp will share ‘electronic communications’ with UK police under new treaty
Update at 6:30 PM IST: The treaty between the US and the UK to disclose information of individuals suspected of serious criminal acts will not require social media platforms to install backdoors or break end-to-end encryption, a further analysis of the CLOUD Act reveals. дальше »
2019-9-30 14:57 | |
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LINE’s LVC becomes registered cryptocurrency exchange
LINE’s LVC becomes registered cryptocurrency exchange - CryptoNinjas LVC Corporation, a group company of LINE Corporation (LINE) and operator of LINE’s cryptocurrency and blockchain-related businesses, has become a registered cryptocurrency exchanger under Japan’s Payment Services Act, as of September 6th, 2019. дальше »
2019-9-9 18:19 | |
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The Trump administration drafted an executive order to censor the internet
CNN has obtained a draft of an executive order that could potentially censor huge portions of the internet. In an attempt to stop a perceived “bias” against conservatives, Trump’s plan attempts to strip certain protections from companies like Facebook and Twitter, particularly those protected under Section 230 of the Communications Decency Act (CDA). дальше »
2019-8-13 04:13 | |
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Non accredited investor can now trade tZERO security tokens
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourcetZERO, the blockchain technology subsidiary of Overstock. com, announced today that its preferred equity security tokens (TZROP), which were issued in a private placement in August 2018, and which have been traded by accredited investors since January 2019, are now available to be resold to non-accredited investors, too (under Rule 144 under the Securities Act of […]https://www. дальше »
2019-8-12 18:59 | |
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New Zealand greenlights Bitcoin salary regulation – but it’s still a bad idea
New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007. дальше »
2019-8-12 14:02 | |
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CFTC Allows ErisX to Offer Physically Delivered Digital Asset Futures Contracts
Coinspeaker CFTC Allows ErisX to Offer Physically Delivered Digital Asset Futures ContractsCFTC granted TD Ameritrade-backed ErisX a derivatives clearing organization (DCO) license under the Commodity Exchange Act (CEA) allowing the Eris Exchange to offer physically delivered digital asset futures contracts. дальше »
2019-7-2 11:41 | |
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ErisX awarded DCO license for bitcoin and digital asset futures
ErisX, a digital asset spot, and futures market, today announced that the Commodity Futures Trading Commission (CFTC), the US regulatory agency with jurisdiction over futures markets, has granted Eris Clearing a derivatives clearing organization (DCO) license under the Commodity Exchange Act (CEA). дальше »
2019-7-2 03:23 | |
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Edward Snowden used Bitcoin to fund NSA document leaks
Despite sporting the ‘wanted’ status for over six years under the Espionage Act, Edward Snowden made an online appearance in Bitcoin 2019 Conference held in San Francisco, CA. All the way from Russia, Snowden’s intent was to share his experience and support toward Bitcoin [BTC]. дальше »
2019-6-30 12:30 | |
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Australian Government Publishes Update on Cryptocurrency and ICO Rules
The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). дальше »
2019-6-1 19:04 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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Smell Something Fishy? The CFTC Will Pay You to Report Crypto Scams
Nestled in the exhibition room at this year’s Consensus conference, the U. S. Commodity Futures Trading Commission (CFTC) had a message for conference goers as they weaved in and out of booths representing various projects and startups in the space: “Be on the lookout for virtual currency fraud” and if you see it, let us know. дальше »
2019-5-17 19:00 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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India Crypto Saga: Earning in cryptocurrencies is not illegal, explains prominent advocate
The Indian crypto community has been promoting cryptocurrencies, digital assets that are now close to being banned, according to reports. However, the community has some hope with the scheduled hearing in July 2019. дальше »
2019-5-3 16:30 | |
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Analyzing Cryptocurrency Taxes, The Investing In Opportunity Act And Economic Zone Investment
Economic Development Zones And Crypto Tax President Trump’s 2017 tax cut features a section on how real estate and other taxable assets will be treated under the tax provisions. The section, known as Investing in Opportunity Act and Opportunity Zone Investment Program, may enable investors to defer and eliminate their future capital gains in what […] дальше »
2019-5-2 20:20 | |
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India’s Crypto saga: Why Indians can’t buy cryptos
Cryptocurrencies are facing a tough time in India as there are rumors of a probable ban under the Prevention of Money Laundering Act [PMLA]. The strong crypto community in the country who owns and uses crypto are wary of this progress, and how it would impact them. дальше »
2019-5-2 18:30 | |
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India’s Crypto saga: Prominent advocate explains how to own crypto legally in the country
The Indian crypto community rejoiced when the Supreme Court made a move to understand and regulate crypto. However, the quickness of the hearing’s adjournment shocked the community. A month since the hearing, there are rumors that the government is planning a complete ban on cryptocurrencies under the Prevention of Money Laundering Act, which has left […] The post India’s Crypto saga: Prominent advocate explains how to own crypto legally in the country appeared first on AMBCrypto. дальше »
2019-5-2 16:30 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Bitfinex/Tether hits back at NY AG; says Martin Act action will not hold as USDT falls outside statute’s reach
The drama of the NY Attorney General and Bitfinex/ Tether drama has taken a turn as iFinex Inc. , BFXNA, BFXWW Inc. , and Tether Unlimited released a new document. The 30-page memorandum of law stated that the Attorney General “will not succeed” further questioning its basis on The Martin Act. дальше »
2019-4-30 20:18 | |
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India is reportedly looking to ban cryptocurrencies once and for all
India’s government is once again looking to ban cryptocurrencies and regulate official digital currencies. According to a report by India’s Economic Times, the government has kickstarted inter-ministerial consultations on a draft bill, which has reportedly been shared with relevant government departments. дальше »
2019-4-26 12:49 | |
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Merciful Florida Judge Refuses to Unseal Robert Kraft Sex Video
Thanks to a Florida judge, the lurid sex tape of Robert Kraft — the billionaire owner of the New England Patriots — will remain sealed. At least for now. Many people breathed a collective sigh of relief at the judicial act of mercy on the public. дальше »
2019-4-25 20:38 | |
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Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live
Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian. дальше »
2019-4-24 01:38 | |
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XRP: Four Regulatory Updates Surrounding Ripple All Community Members Should Acknowledge
Four regulatory events that could directly or indirectly have an impact on XRP, the 3rd largest digital asset by Ripple has been either gone under process or been granted approval. Token Taxonomy Act Gets Re-introduced By US Congressmen A fresh attempt has been made by lawmakers to give cryptocurrencies a clearer legal status in the […] дальше »
2019-4-10 19:32 | |
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In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
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Tron CEO Triggers Massive Backlash after Yanking Tesla Giveaway Prize
By CCN: The CEO of crypto project TRON has come under fire for a Twitter Tesla giveaway that doesn’t seem to involve giving much away at all. After announcing a $2o million “global appreciation campaign,” including a Tesla giveaway, Justin Sun has backed out and refused to give the winner his car. дальше »
2019-3-30 21:16 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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Blockchain Apps and the Mineral Supply Chain Could Help Verify Origins of Resources
Mining companies are constantly working to determine the source of their minerals and to ensure a quality extraction process. Under the 2010 Dodd-Frank Act, mining companies based in the United States must source minerals in a responsible manner. дальше »
2019-3-24 03:07 | |
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Why Huawei’s 5G Dominance Threatens Liberal Democracy
When U. S. President Donald Trump signed off on a ban on equipment from Chinese 5G infrastructure giant Huawei for government employees and contractors last year, the move raised few eyebrows. The fact that the ban came under the Defense Authorization Act seemed to tell an open and shut story of national security and the threat of Chinese spying. дальше »
2019-3-20 21:41 | |
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Senate Republicans Mutiny, Deliver Devastating Rebuke to Lawless Trump
The U. S. Senate voted today to block President Donald Trump’s emergency declaration at the United States-Mexico border. Following a weeks-long government shutdown and stalemate with House Democrats over funding to reinforce barriers on the southern border, Donald Trump invoked the Nixon-era National Emergencies Act of 1976. дальше »
2019-3-15 00:15 | |
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Germany to Regulate ICOs, Utility Tokens Not Securities Says Finance Ministry
Germany’s Finance Ministry has stated utility tokens do not fall under the Securities Trading Act in a short document amid public consultation on the implementation of a crypto blockchain national. дальше »
2019-3-11 21:41 | |
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Pro-Bitcoin Colorado Governor Signs Crypto-Friendly Digital Token Act
Colorado Governor and avowed bitcoin fan Jared Polis signed the Digital Token Act on March 8, exempting cryptocurrencies from state securities laws under certain conditions. The new legislation also exempts crypto broker-dealers and salespeople from state licensing requirements under limited circumstances. дальше »
2019-3-9 23:24 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. дальше »
2019-3-1 17:19 | |
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