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Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law

Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli […] The post Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law appeared first on Bitcoin News. дальше »

2020-9-26 02:00


Fed Researching CBDC & Planning to Deposit ‘Digital Dollars’ Directly To the Digital Wallets of Americans

Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. дальше »

2020-9-24 17:32


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Ripple’s Brad Garlinghouse Criticizes Indian Government’s Proposed Cryptocurrency Trading Ban

The Indian government is reportedly preparing to introduce a new law that will prevent citizens from participating in cryptocurrency trading going forward. In a searing attack on the government, Ripple CEO Brad Garlinghouse indicated that the decision to ban crypto trading cripples the nascent crypto industry. дальше »

2020-9-17 12:21


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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […] дальше »

2020-9-4 14:38


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Bank of Korea Set to Select CBDC Pilot Program Consulting Partner

South Korea’s central bank has disclosed details for a proposed consulting partnership as part of its second stage of preparation for launching a central bank digital currency (CBDC). According to the Bank of Korea (BOK), the desired consulting partner will be a local firm that will help the BOK build the architecture for the proposed […] The post Bank of Korea Set to Select CBDC Pilot Program Consulting Partner appeared first on BeInCrypto. дальше »

2020-9-1 10:00


Ethereum Classic Labs Proposes New Security Plan To Prevent Future 51% Attacks

In a published document on August 19, the ETC accelerator, Ethereum Classic Labs, released proposed solutions to further secure the network after two successive 51% attacks earlier in the month. The proposed plan, as mentioned before, will roll out in the next three to six months, with some of the security measures coming immediately. Immediate […] дальше »

2020-8-21 00:15


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Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus

Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first file an application for registration with […] The post Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus appeared first on Bitcoin News. дальше »

2020-8-12 05:00


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US Agriculture Board Adopts Blockchain Technology for Supply Chain

The Department of Agriculture in the US has proposed leveraging blockchain technology for use in tracking organic products throughout their supply chain, according to a release. Organic Products Tracked On Chain The US Department of Agriculture (USDA) said it expects to include blockchain technology on its rules adhering to organic products. дальше »

2020-8-11 12:07


South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code

South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […] дальше »

2020-7-22 18:59