2021-11-5 06:57 |
A proposed bill waiting for vote in Congress contains a “dangerous” amendment.
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The infrastructure bill is edging closer to passing by the U. S Senate despite the delays. The delays are coming from lawmakers opposing the bill’s amendment about crypto, saying that there has not been enough discussion.
2021-8-10 04:00 | |
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Senators have come to an agreement about the much-debated cryptocurrency amendment to the Infrastructure Bill. The post Senate Agrees on Bipartisan Deal for Crypto Amendment in Infrastructure Bill appeared first on BeInCrypto.
2021-8-10 23:00 | |
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Senators Toomey and Lummis held a press conference today focusing on a proposed amendment to a bill they fear could stifle Bitcoin.
2021-8-10 21:47 | |
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Over the weekend, the Senate voted 68-29 on the controversial bipartisan infrastructure bill to end the debate. However, the crypto community remains hopeful that the bill might get the amendment before the final vote on Tuesday.
2021-8-10 16:11 | |
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The highly respected and opinionated CEO of Tesla and SpaceX, Elon Musk, has joined in speaking against the last-minute amendment made by Senators Rob Portman and Mark Warner to the recent crypto taxation provision suggested by Senators Patrick Toomey, Ron Wyden, and Cynthia Lummis.
2021-8-9 15:59 | |
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Perianne Boring, the founder and president of the Digital Chamber of Commerce, provided details about the proposed amendment Saturday afternoon.
2021-8-9 23:05 | |
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Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners.
2021-8-7 13:34 | |
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Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis and Toomey.
2021-8-7 20:18 | |
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“Bewildering is an understatement for what is unfolding in the US Senate around the crypto-related provisions of the infrastructure bill,” says Sheila Warren, Head of Blockchain and Digital Assets at...
2021-8-7 18:05 | |
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Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
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Senator Rob Portman’s amendment, which supports PoW chains but punishes those using PoS protocol, for now, has gained support from Mark Warner, Kyrsten Sinema, and most importantly, the White House.
2021-8-7 16:22 | |
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U.S. Treasury Secretary Janet is reportedly opposing the Toomey-Wyden-Lummis amendment to the much-talked-about provision in the infrastructure bill
2021-8-6 15:57 | |
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The White House has made its stand on a newly introduced amendment to the Infrastructure Bill whereby it acknowledged it. Crypto advocates argue that the language in the legislation, which requires brokers of digital assets to report on crypto trading gains, is vague.
2021-8-7 15:00 | |
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A White House-supported amendment to the controversial cryptocurrency provision in the infrastructure bill has seemingly divided the cryptocurrency community along tribal lines
2021-8-6 07:55 | |
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The cryptocurrency industry’s last-minute lobbying push to amend provisions in the bipartisan infrastructure bill that was completed over the weekend could succeed in eliminating some of the Internal Revenue Service (IRS) scrutiny that stakeholders in the sector would face.
2021-8-5 20:00 | |
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Senator Cynthia Lummis (R- Wyo), Ron Wyden (D-Ore), and Pat Toomey (R-Pa) are behind the amendment proposal that integrates crypto into the financial system and protects American innovation while ensuring taxes are paid.
2021-8-5 16:01 | |
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Three U.S. Senators have sent an amended version of the cryptocurrency regulation in the infrastructure bill, changing the definition of a broker to exclude certain entities. The post US Senators Provide Crypto-Related Amendment in Infrastructure Bill appeared first on BeInCrypto.
2021-8-5 13:03 | |
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Senator Pat Toomey of Pennsylvania has released a statement that calls the wording on crypto taxation in the bipartisan infrastructure bill unworkable and says he will propose an amendment. The post Senator Toomey: Crypto Tax Proposal in Infrastructure Bill ‘Unworkable’ appeared first on BeInCrypto.
2021-8-3 08:52 | |
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With the recent Crypto law proposal, Texas emulates Wyoming with regards to Crypto Assets legislation in the hope of catching up on the trend, but experts detect a flaw in the Texas bill. Sometime mid-March Nathaniel “Tan” Parker—Texas businessman and Representative—presented an amendment bill for the Texas Uniform Commercial Code, UCC. The bill, House Bill […]
2021-4-3 21:18 | |
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The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […]
2020-11-26 00:23 | |
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The Irish government aims to implement stricter and more stringent laws to curb money laundering and terrorism financing in its financial system, including digital assets. In a report first published by Irish Examiner, the Cabinet is set to approve Justice Minister Helen McEntee’s bill, Money Laundering and Terrorist Financing Amendment Bill 2020, to place more […]
2020-8-11 16:38 | |
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Spain is finally getting around to amending its AML laws six months after the EU deadline for compliance. The public comment period on that amendment ends today.
2020-6-23 22:36 | |
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India passed the controversial Citizenship Amendment Bill. The bill led to violent protests which in turn led to another internet shutdown. The post Indian Government Retaliates Against Violent Protesters, Shuts Down Internet Again appeared first on CCN.com
2019-12-15 16:09 | |
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According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal.
2019-11-30 18:00 | |
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South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task Force.
2019-11-27 09:20 | |
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The United States government can’t ban bitcoin because the original cryptocurrency is free speech that’s protected under the Constitution. That’s the opinion of Bill Barhydt, the CEO of crypto wallet and exchange Abra.
2019-7-3 21:10 | |
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Indiana is the latest state to embrace virtual currencies as they make amendment in the bill to introduce cryptocurrencies as a means to pay taxes in. The synopsis of the bill reads, “Payment of taxes with virtual currencies.
2019-1-26 21:14 | |
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In a bid to curb the activities of bad actors who use cryptocurrencies to facilitate illicit gains such as terrorism financing, Irish authorities are set to approve the Criminal Justice Money Laundering and Terrorist Financing Amendment Bill 2019, according to The Irish Times report on January 4, 2018.
2019-1-5 06:00 | |
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Australia‘s government signed a bill into law last week giving law enforcement agencies the right to force technology companies to reveal users’ encrypted messages. Another way of putting it: Australia‘s tech scene will soon be located on the Wayback Machine.
2018-12-10 22:19 | |
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Ohio is now setting up an official website to allow businesses to pay taxes with bitcoin. According to a recent article published by the Wall Street Journal (WSJ), the state of Ohio seems to have given tacit acceptance to bitcoin by allowing businesses, although not individuals, to pay all manner of taxes with the cryptocurrency.
2018-11-27 21:32 | |
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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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In France, taxes on capital gains from Bitcoin trading might be cut to 30% from the current rate at 36.2%, as per a new budget bill amendment.
2018-11-9 13:48 | |
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French lawmakers have adopted an amendment to the 2019 budget bill that will cut capital gains tax on bitcoin sales to 30 percent from 36. 2 percent. This will bring cryptocurrency transactions in line with other non-real estate assets, which are taxed at a flat rate of 30 percent.
2018-11-8 02:00 | |
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On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings.
2018-10-4 22:10 | |
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As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.
2018-8-23 23:03 | |
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Congress has never made a law saying, “Corporations should get to decide who gets to publish truthful information about defects in their products,”— and the First Amendment wouldn’t allow such a law — but that hasn’t stopped corporations from conjuring one out of thin air, and then defending it as though it was a natural right they’d had all along.
2018-8-18 11:00 | |
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Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed.
2018-7-28 23:45 | |
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Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […]
2018-7-3 22:51 | |
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| Analogue Notcoin - TapSwap |
The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.
Crypto is captured in an asset-regularization regime included in a wide-ranging bill that's facing mounting backlash from citizens.
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
Colorado is now accepting crypto for tax payments — but if you choose to use that option, it could change the amount you owe.
The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.