2023-10-16 08:20 |
Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024.
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Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out by 2024. A consultative process seeks input from stakeholders and the public on 32 key regulatory themes.
2023-10-16 09:20 | |
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U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions smaller pieces of legislation should include.
2023-7-18 18:45 | |
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The proposed legislation could have serious implications for free speech in Australia, says Shadow Communications Minister David Coleman.
2023-6-26 04:21 | |
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The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
2023-6-22 21:15 | |
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Separate reports indicate that lawmakers in the European Union (EU) are advancing potential rules around a “digital euro” and artificial intelligence (AI). ECB could limit digital euro for financial stability Bloomberg reported June 14 that it obtained a copy of a draft proposal from the European Commission.
2023-6-15 03:03 | |
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Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate.
2023-6-13 01:07 | |
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The United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill.
2023-6-10 19:03 | |
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The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.
2023-6-9 14:13 | |
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House Republicans have introduced a draft proposal to address gaps in cryptocurrency regulations, assigning the CFTC authority over crypto commodities and the SEC for digital securities. To bridge the gaps in the current regulatory framework surrounding cryptocurrencies, House Republicans have…
2023-6-5 11:59 | |
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Senior Republicans in the U.S. House of Representatives released draft legislation that reclassifies cryptocurrencies as commodities. The post Proposed Bill Classifies Crypto as Commodities, Earns Support appeared first on BeInCrypto.
2023-6-3 16:45 | |
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Coinspeaker Laos Government Organizes Meeting on Blockchain 4. 0 and Digital Economy Development Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy.
2023-5-30 17:23 | |
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Rep. Patrick McHenry, the chair of the House Financial Services Committee, has announced that the committee will collaborate with the House Agriculture Committee to draft crypto legislation. The joint public hearings will begin in May, and the goal is to produce legislation that oversees the crypto industry within the next two months.
2023-4-29 17:27 | |
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The Republicans on the House Financial Services Committee (HFSC) brought forward a discussion draft of legislation for regulating stablecoin issuers. The bill also aims to update and clarify U.
2023-4-25 19:00 | |
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A group of House Republicans has introduced a draft bill limiting the power of the Securities and Exchange Commission (SEC) over stablecoins used for payments. The bill, still under negotiation, was made public on April 24 and came as the…
2023-4-25 12:10 | |
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The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
2023-4-25 00:47 | |
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Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.
2023-4-25 23:00 | |
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The stablecoin is the first major piece of crypto legislation in 2023.
2023-4-16 23:07 | |
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"I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.
2023-2-4 23:30 | |
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Argentina is set to introduce a new draft bill requiring citizens to declare their cryptocurrency holdings. Otherwise, they could face hefty tax penalties. Argentina’s new draft bill targets crypto assets The bill is meant to tighten the country’s anti-money laundering…
2023-1-11 09:14 | |
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A group of Russian legislators, headed by Anatoly Aksakov have proposed draft legislation to create the digital Ruble that the Bank of Russia will issue.
2023-1-2 15:23 | |
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The EU is set to release draft legislation which would hinder the bitcoin mining industry while encouraging the use of proof-of-stake based cryptocurrencies.
2022-10-19 16:56 | |
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Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
2022-9-24 05:43 | |
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A finalized text of the Markets in Crypto Assets (MiCA) legislation now seeks to bring Non Fungible Tokens (NFTs) and algorithmic stablecoins under its regulatory purview. According to a bill draft dated September 20, EU authorities have been urged to take a “substance over form” approach to the law, suggesting that NFTs such as BAYC’s […]
2022-9-23 21:29 | |
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A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input.
2022-7-26 00:37 | |
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Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill.
2022-6-30 04:00 | |
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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
2022-4-14 22:11 | |
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A draft of legislation regarding stablecoins has been proposed by US lawmaker Josh Gottheimer; however, it has faced a backlash from critics
2022-2-15 18:03 | |
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HODLers in Russia have a reason to smile as holding cryptocurrencies in the country could soon be legalized. According to a Feb. 8 announcement, the Russian government and central bank are jointly preparing draft legislation that will define crypto as currency.
2022-2-9 15:22 | |
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Following the stock market crash of 1929, FDR called on the then notorious stock speculator Joseph Kennedy to draft legislation to form the Securities Exchange Commission. The “Securities Acts” were designed to officially form the agency and adopt rules that required issuers of securities to transmit information through the mail to investors containing financial and operational disclosure so informed investment decisions can be made by the People.
2022-2-3 17:29 | |
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On Sunday, the Estonian Ministry of Finance squashed reports that it would prohibit cryptocurrency ownership and trading. According to their new draft legislation for virtual asset service providers (VASPs), customers will not be banned from possessing or trading virtual assets.
2022-1-5 02:00 | |
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Estonian Ministry of Finance released an official clarification of the recently submitted draft legislation that stirred up rumors about a possible ban on cryptocurrencies. According to the rebuttal, the bill, which still needs to undergo three parliament readings, was drafted and submitted in a bid to tighten the existing crypto service providers licensing, and will […] The post The Estonian government is not banning crypto, but drafts legislation to tighten regulation appeared first on CryptoSlate.
2022-1-4 06:30 | |
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The Russian government has introduced a draft policy for crypto exchanges under its anti-corruption legislation. According to the government’s website, federal security officials are now allowed to send crypto exchanges inquiries.
2021-11-3 16:51 | |
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South African Finance Minister Enoch Godongwana has introduced a draft of legislation that describes restrictions on how pension fund member funds are invested, according to Regulation 28. The post New South African Legislation Looks to Ban Non-CBDC Crypto From Pension Funds appeared first on BeInCrypto.
2021-10-31 17:14 | |
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A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some users to bypass the requirements and […]
2021-5-27 06:30 | |
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Russia’s State Duma Committee has begun preparing new legislation for cryptocurrencies. According to an official announcement made earlier today, the country’s lawmakers noted the introduction of The post Russia introduces draft law to tax cryptocurrency as property appeared first on AMBCrypto.
2021-2-16 18:30 | |
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South Korea’s National Assembly is working with industry stakeholders to draft a “Virtual Asset Business Law. ” With the country falling behind the likes of China in the emerging digital economy, South Korean lawmakers and blockchain industry insiders are working to create clear-cut regulations for digital assets.
2020-10-8 18:57 | |
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The 168-page long leaked version of the draft legislation of “Markets in Crypto Assets (MiCA)” by the European Commission provides legal certainty about digital currencies. To be issued later this month, the set of regulations will be covering the issuance and trading of digital assets across the bloc.
2020-9-17 19:10 | |
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The Russian Federal Ministry of Economic Development has proposed new legislation that seeks to legalize crypto as well as blockchain-based initiatives through a special regulatory framework. The Ministry of Economic Development has already crafted and introduced a draft legislation to the State Duma, Russian Parliament, in a bid to enable the testing of blockchain and […]
2020-3-25 23:44 | |
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The Democratic Party-controlled U. S. House of Representatives has introduced draft legislation that includes the creation of a digital dollar to be used for stimulus payments to Americans due to the COVID-19 pandemic.
2020-3-24 14:00 | |
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Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000.
2019-12-27 11:48 | |
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Earlier this month, cryptocurrency exchange Binance had revealed that it would be assisting Ukraine in its development of cryptocurrency legislation. This effort seems to have borne fruit after the UkThe post Ukraine releases new draft bill on crypto-taxation appeared first on AMBCrypto.
2019-11-20 17:30 | |
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A draft legislation in Australia is seeking to prohibit the use of cash in making transactions for amounts exceeding $AUD10,000 ($6,900) has spared cryptocurrencies. The goal of imposing the cash payment limit is to prevent tax evasion, money laundering and other illicit activities.
2019-7-29 15:59 | |
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Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a new set of preliminary guidelines that govern the size of cash-based currency payments.
2019-7-29 09:21 | |
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It is quite evident by now that the government of India doesn’t like bitcoin in particular and cryptocurrencies in general. Regulators in the country have officially clamped down on bitcoin and other cryptocurrencies, with a draft legislation making it clear that holding, buying or selling cryptocurrencies in the country is a crime.
2019-7-23 16:39 | |
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A copy of draft legislation barring big tech from entering the banking industry and providing financial services has been doing the rounds. It is believed that this draft has been circulated amongst the House Financial Services Committee’s Democratic majority.
2019-7-16 11:00 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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A member of Texas House of Representatives Phil Stephenson has introduced a draft bill which if passed will require residents of Texas to give their identity before they can use cryptocurrencies like bitcoin.
2019-3-12 22:00 | |
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Russia’s cryptocurrency draft bill has been adopted in its second reading by the national parliament, with amendments
2019-3-5 20:30 | |
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The chairman of Russian parliament’s upper house says that a one-year delay is unacceptable for the legislation on the digital economy
2019-1-31 20:53 | |
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MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.
SG Forge is licensed to provide buying and selling, exchange and custody of digital assets.
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives, and fiat services, including U.S. dollar and UAE dirham deposits and withdrawals.
OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.