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Panama Gets A Crypto Bill, Moves One Step Closer To Becoming An Official Crypto Nation
After El Salvador’s move to give Bitcoin a legal tender, the National Assembly of the Central American country, Panama, passed a bill on Thursday to enact regulations for the commercialization and use of cryptocurrency in the republic. дальше »
2022-5-1 23:00 | |
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New York State Assembly Passes Bill Blocking New Crypto Mines That Use Non-Renewable Power
The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected by the bill, nor are any that tap renewable resources. дальше »
2022-4-27 06:11 | |
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Russian Restrictive Policy Limits Licensed Platforms Transactions
Russian Central Bank and the Ministry of Finance’s adverse opinions lead to a restrictive policy instead of banning the use of cryptocurrencies. Per the Coindesk, the Ministry of Finance purposes a bill that limits the crypto transactions tied with licensed operators in Russia, adding peer-to-peer trading as illegal, while certified wallets are allowed. Related Reading […] дальше »
2022-2-25 11:44 | |
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Ukraine Crypto: Lawmakers Legalize Cryptocurrencies As Fears Of Russian Attack Grow
Legislators have given their nod to the Ukraine crypto bill, making the use of crypto assets in the country easier as Ukraine teeters on the verge of a military confrontation with Russia. With 272 votes, the Ukrainian parliament gave its thumbs-up for the Law of Ukraine on Digital Assets. дальше »
2022-2-18 14:41 | |
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United States: Bill to reduce crypto tax on transactions reintroduced as use cases increase
As the asset class has gone considerably mainstream over the past few years, countries worldwide are struggling with the formation of a clear crypto tax regime, especially as the dynamics and use caseThe post United States: Bill to reduce crypto tax on transactions reintroduced as use cases increase appeared first on AMBCrypto. дальше »
2022-2-4 17:30 | |
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Tonga MP Drafting a Bill to Make Bitcoin Legal Tender, Blockchain Tech Already in Use to “Revolutionise Humanitarian Aid”
Tonga, which has a population of 105,700 people, is the latest one that could take the route of cryptocurrency as its MP Lord Fusitu'a drafts a bill to make Bitcoin a legal tender in the Pacific nation, according to a media report. дальше »
2021-10-4 20:03 | |
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Panama To Recognize Bitcoin As Payment Alternative, Issues New Regulations
A new bill that aims at recognizing Bitcoin as another payment method has emerged in Panama. The bill will also give residents the freedom to use cryptocurrencies. Amidst El Salvador adopting BTC as legal tender, a Central American country is trailing the same path. дальше »
2021-9-8 08:45 | |
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Panama Introduces Bill To Allow Use Of Cryptocurrencies For Payments
Panama is the latest Latin American country contemplating cryptocurrencies, joining El Salvador, which today became the first country in the world to officially make bitcoin legal tender. On September the 6th, a member of Panama’s independent opposition party, Bancada Independiente, presented a bill that could spearhead the incorporation of bitcoin as an alternative currency and […] дальше »
2021-9-8 01:29 | |
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Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed?
As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz. дальше »
2021-9-3 17:56 | |
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Why Ethereum is the 'the smarter way to play'
Ethereum has been receiving a lot of positive encouragement lately, thanks to the development activity. It is no wonder then that venture capitalist Bill Gurley recently championed the use of EthereumThe post Why Ethereum is the 'the smarter way to play' appeared first on AMBCrypto. дальше »
2021-8-30 02:00 | |
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Economist Who Said The Internet Would Fail Says Crypto Is For Tax Cheats And Criminals
Paul Krugman, who counts winning the 2008 Nobel Prize in Economics among his accolades, slams the crypto industry, saying its only use is for “tax evasion and illegal transactions.” The comments came in reference to a Bloomberg article about the infrastructure bill, which has drawn mounting criticism for various reasons. Including the main gripe for […] дальше »
2021-8-28 03:01 | |
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Ukraine Proposes Bill To Enable Use Of Cryptocurrency For Payments
Ukraine, one of the world’s most active cryptocurrency nations, is striving to become the utopia jurisdiction for businesses. Legislators in the country are working on a package of bills that would essentially integrate cryptocurrency into its legal and financial system. дальше »
2021-8-7 23:42 | |
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Looking To Pull An El Salvador, Spain Considers Bill To Allow Mortgage Payments In Crypto
Cryptocurrency and blockchain are becoming quite mainstream as of this year and it’s likely that just about any financial transaction will be able to be completed via the use of crypto in the next few years. дальше »
2021-8-5 23:46 | |
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Spain: People’s Party Proposes Bill to Allow Crypto for Mortgage Payments
The People’s Party (PP) of Spain wants to promote the use of cryptocurrencies, and it proposes allowing them to be used not only for mortgage payments by homeowners but also for companies in the real estate sector and fund managers to use their own cryptocurrency to buy groups of mortgages from banks in securitization processes.Read More дальше »
2021-8-3 17:00 | |
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U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move
Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language AsRead More дальше »
2021-8-3 05:00 | |
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Pennsylvania Legislators Propose the Creation of a Crypto Task Force
Some members of the Pennsylvania House of Representatives introduced a bill into the state’s General Assembly, which proposes the establishment of a crypto task force that would examine the use of cryptocurrency and digital assets in the Commonwealth of Pennsylvania. дальше »
2021-7-29 09:30 | |
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Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency. дальше »
2021-7-13 14:00 | |
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Iran To Ban The Use Of Crypto In Payment Transactions
In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country. дальше »
2021-7-3 21:21 | |
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US House of Representatives Passes Bipartisan Crypto Bill For The Second Time
The United States House of Representatives has passed a bipartisan bill that proposes the study of the use of blockchain technology and digital tokens. Within a week of introduction, the bill passed the 117th Congress with a resounding 325 votes in favor of, and 103 votes against. дальше »
2021-6-24 19:10 | |
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Colorado Universities to Study Blockchain’s Usefulness for Water Management
Lawmakers in the U. S. state of Colorado have greenlighted a bill that seeks to empower Universities to study the potential use case of blockchain and other new technologies in water management, according to reports on June 20, 2021. дальше »
2021-6-22 17:00 | |
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This will be another nudge for Bitcoin miners to use green energy
The American House of Representatives recently passed legislation requiring publicly listed companies to disclose Environmental, Social and Governance (ESG) metrics. The bill was passed by a narrow voThe post This will be another nudge for Bitcoin miners to use green energy appeared first on AMBCrypto. дальше »
2021-6-21 03:00 | |
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Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. дальше »
2021-4-27 05:30 | |
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Louisiana Passes Bill Encouraging Bitcoin’s Increased Usage while Commending it on its Success
The state of Louisiana has passed a bill that encourages the use of Bitcoin while commanding the trillion-dollar crypto asset for its success and its pseudonymous creator Satoshi Nakamoto for his contribution to economic security. дальше »
2021-4-24 22:04 | |
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Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law
Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide. дальше »
2021-3-27 17:17 | |
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Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community
The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. дальше »
2021-3-5 11:30 | |
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Representatives Introduce Anti-Terrorism Financing Bill to US Congress
In a bid to combat the use of digital currencies as means of financing terrorism, a group of representatives from the Republican and Democratic Parties has introduced a bipartisan bill to the House on Jan 13, which seeks to create a task force focused on preventing the usage of cryptocurrencies in sponsoring terrorism. Bill AgainstRead More дальше »
2021-1-16 20:00 | |
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Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […] дальше »
2021-1-14 10:30 | |
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Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market. дальше »
2020-6-12 22:05 | |
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Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions
Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […] дальше »
2020-5-30 22:47 | |
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Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use
Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a proposed bill to penalize individuals and companies that use crypto and Bitcoin in financial transactions. дальше »
2020-5-26 20:30 | |
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Kentucky’s Governor Approves Blockchain Working Group Bill to Explore Use In Security of Critical Infrastructure
Kentucky has successfully completed a legislative process to create a blockchain-oriented working group. This is after its governor, Andy Beshear, signed a bill on April 24 effecting the establishment of a proposed task force. дальше »
2020-4-28 19:26 | |
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Bill Cosby Schemes to Use Coronavirus as a Get Out of Jail Free Card
Convicted felon Bill Cosby asked his lawyers to petition for his release. Why? Because he thinks coronavirus is a get out of jail free card. The post Bill Cosby Schemes to Use Coronavirus as a Get Out of Jail Free Card appeared first on CCN.com дальше »
2020-3-26 22:59 | |
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Central Bank of Russia Continues to Fight Against the Legal Use of Cryptocurrencies
While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk. дальше »
2020-3-18 18:34 | |
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Cryptocurrencies may be banned in Russia
The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […] дальше »
2020-3-17 20:08 | |
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South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). дальше »
2020-3-8 20:38 | |
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Breaking: Cryptocurrency Now Fully Legal in South Korea
In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020. дальше »
2020-3-6 12:00 | |
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Use Of Bitcoin Among Merchants Increased In 2019, New Data Shows
While the adoption of Bitcoin for day-to-day transactions may be moving at a slow pace, the use of the coin among the merchants soared last year, CoinDesk reports. BitPay, the cryptocurrency payment processor, processed an equivalent of about $1 billion worth of crypto transactions last year with Bitcoin transactions dominating the transactions, Bill Zielke, the […] дальше »
2020-2-3 20:19 | |
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Oklahoma Lawmaker Launches Bill to Create Crypto Depository for Government Use
A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state. дальше »
2020-1-20 21:01 | |
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Virginia’s General Assembly To Discuss Blockchain-Based Voting, Could Become Law in Two Years
The State of Virginia might adopt a blockchain based voting system within the next two years if a bill that was recently pre-filed is passed. This newly proposed bill seeks to determine the use case of blockchain in voter record security and cost efficiency in Virginia’s elections. дальше »
2020-1-7 16:11 | |
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Billionaire Bill Pulte Announces Purchase of 11 BTC and Will Use Twitter for Mass Adoption
Coinspeaker Billionaire Bill Pulte Announces Purchase of 11 BTC and Will Use Twitter for Mass AdoptionBill Pulte has announced a purchase of 11 BTC. He has also repeatedly expressed his support for crypto and has begun Bitcoin giveaways. дальше »
2019-12-16 16:47 | |
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