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Paraguay paves the way for crypto regulation despite internal opposition
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project. дальше »
2022-5-31 21:00 | |
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Portugal Congress Party Disapproves The New Bill About Taxing Cryptocurrencies
The European country’s Parliament, the Assembleia da Republica, declined two bills levying cryptocurrencies. Portugal’s Finance Minister on Taxing Cryptocurrency Earlier this month, on May 13th, the country’s Minister of Finance, Fernando Medina, established that Portugal would soon commence cryptocurrency taxes. дальше »
2022-5-27 13:00 | |
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US Congress introduces record number of crypto related bills
The United States Congress has introduced over 80 new bills for consideration related to the crypto industry, so far, of which several have passed into law. The post US Congress introduces record number of crypto related bills appeared first on CryptoSlate. дальше »
2022-5-21 19:30 | |
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‘Shark Tank’s’ O’Leary Lobbies Congress for Sen. Lummis’ New Crypto Bill
Kevin O’Leary made himself a household name as a co-host of “Shark Tank,” where budding entrepreneurs make their pitches to a panel of investors. On March 9, it was his turn to make a case for crypto: this time before a panel of about 30 American legislators. дальше »
2022-3-15 22:40 | |
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US Congress Set To Have An Oversight Hearing On The Environmental Impact Of Bitcoin Mining
Congress may hold hearings on the environmental effects of Bitcoin mining soon. This happens amid concerns about developments in New York. Energy usage concerns continue to plague the primary digital asset. дальше »
2022-1-8 23:29 | |
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Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year
Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide. дальше »
2021-12-24 16:56 | |
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US Treasury official beckons new stablecoin regulations
“If Congress does not enact legislation, the regulators will try to use what authority they have,” stated the U.S. Treasury official Nellie Liang. дальше »
2021-12-21 14:08 | |
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Facebook Evolves Into The Metaverse, A Centralized and Dystopian Virtual Reality
For the past few years, the Facebook CEO has shown futuristic plans. As the social network loses popularity and public trust, he has shown interest in new topics, ones that have not been used in testimonies against him in Congress. дальше »
2021-10-21 22:00 | |
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Ted Cruz Makes Shocking Reveal About Effects Of New Crypto Tax Rules As Jack Dorsey Pleads With Senate To Reconsider
The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.” Along with the crypto […] дальше »
2021-8-10 17:42 | |
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US Government Looks to Increase Revenue By $30 Billion Via Cryptocurrency Taxes
The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1. 2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms. дальше »
2021-8-2 17:51 | |
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Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining
After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide. дальше »
2021-7-15 19:34 | |
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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. дальше »
2021-7-7 14:30 | |
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US Congress Creates New Crypto Working Group to Tackle Blockchain Regulation, CBDCs, and More
Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee. дальше »
2021-6-20 05:05 | |
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IMF Concerned About El Salavador’s Bitcoin Law Due To “Legal And Economic Issues”
Less than a week since El Salvador’s “Ley Bitcoin” has been approved by its national congress and the international financial organism is reacting. The International Monetary Fund (IMF) has expressed “economic and legal” concerns over the nation’s new pro-BTC legislation. дальше »
2021-6-11 22:09 | |
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SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors
The U. S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U. дальше »
2021-5-28 19:30 | |
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Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
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 […] дальше »
2021-5-27 06:30 | |
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SEC Chair Gensler Says Cryptocurrency Exchanges Need More Regulation, Asks Congress to Weigh in
The new chairman of the U. S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for investor protection in this area. дальше »
2021-5-21 17:00 | |
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Gensler sticks up for Bitcoin before Congress, but doesn't say much new
The Senate held its first hearing on Gary Gensler's nomination to chair the SEC today.
дальше »2021-3-3 22:10 | |
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CoinCenter Pushes to Extend Public Comment Period and Slow Down New FinCEN Rule Finalization
The Executive Director of CoinCenter, Jerry Brito, has revealed that he is working with people in Congress to get some letters sent to the United States Secretary of Treasury, Steven Mnuchin, requesting the extension of what he says is a “rushed” comment period as per an update on Dec 28. The New Currency Reporting RuleRead More дальше »
2020-12-31 22:01 | |
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US congresswoman introduces a new bill to ban illegal stablecoins
Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US. дальше »
2020-12-5 12:00 | |
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Crypto Community Comes Down Heavily on Stablecoin Bill
A new bill proposed to Congress strives to regulate the whole stablecoin market by asking all related activities to have federal approval first. This resulted in prominent personalities from the cryptocurrency industry coming down heavily to a submitted Congressional bill that would massively regulate stablecoin issuers. дальше »
2020-12-4 00:00 | |
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US lawmakers seek to make stablecoins illegal without federal approval
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first дальше »
2020-12-4 06:36 | |
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New Push for Second Stimulus Checks: Analysts Predict When Another Relief Package Will Pass
Many Americans are in need of second stimulus checks and a new coronavirus relief package. As Congress resumes stimulus negotiations, President Trump has called for a “big and focused” stimulus bill now. дальше »
2020-11-16 05:30 | |
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Bitcoin Briefly Breaks $11.9K on Renewed US Stocks Correlation; $12K Next?
Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday. The benchmark cryptocurrency added $67, or 0. 5 percent, to trade near $11,827 ahead of the New York opening bell. дальше »
2020-10-20 16:00 | |
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Congress’ renewed attack on Big Tech may clear the field for decentralization
The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize. дальше »
2020-10-8 00:33 | |
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Blockchain Battle With China Ensues With New US Congress Bill Proposal
Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for short, is currently being discussed as a way to accelerate blockchain development in the US. While the rest of the […] дальше »
2020-9-9 14:55 | |
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US Economy Teetering as Congress Discusses Relief Bill
The future of the US economy, and particularly consumer spending, remains in jeopardy, as unemployment benefits ended Friday. Both chambers of Congress have spent the last few days negotiating a new relief bill to no avail. дальше »
2020-8-2 19:20 | |
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US Congress Banking Committee Discusses The Development Of Digital Money and Payments Systems
With over 32 bills on digital currencies and payment systems introduced in the 116th U. S Congress, these new technologies got yet another day in the lawmakers’ chambers. According to a remote hearing earlier today, the U. дальше »
2020-7-1 21:58 | |
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In Congress, a New Bill Asks for Mass Survey of Blockchain Technology in the US
A new bill before Congress asks regulators to put together a massive survey on the state of blockchain adoption and rank the U.S.’s adoption relative to other nations.
дальше »2020-5-21 00:09 | |
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Congresswoman Addresses Libra’s Latest Whitepaper: ‘Too Many Questions Unanswered’
A U. S Congress lawmaker, Rep. Sylvia Garcia, called out Libra following the latest changes implemented in its new updated whitepaper claiming the changes do not address the concerns raised during the hearing. дальше »
2020-4-19 00:50 | |
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US Congress Members Reintroduce ‘Digital Dollar’ in Automatic Boost to Communities Act
The U.S government has begun distributing the COVID-19 stimulus checks in a bid to boost the economy. In a new development in the Lower House, Representative Rashida Tlaib (D-MI) is looking to introduce a digital wallet in the new bill titled, ‘Automatic Boost to Communities Act (ABC)” to which the $2000 extended monthly payment will […] дальше »
2020-4-19 23:40 | |
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Bitcoin Poised For A Vicious Sell-Off In Near-Term, Crypto-Friendly US Congress Candidate Says
As the coronavirus pandemic rages on, the global economy hangs in a very precarious position. Bitcoin has gained circa 1.5% over the last 24 hours to trade at around $6,476. David Gokhshtein, a pro-crypto Republican candidate to the US House for New York’s 1st Congressional District in the upcoming elections has warned that bitcoin could […] дальше »
2020-4-1 18:49 | |
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UPDATED: In US COVID-19 Stimulus Bill, Hope not Lost for Digital Dollar
U.S. congress sees a new COVID-19 stimulus bill stripped of mention of the digital dollar, but at least one Senator is trying to bring it back
дальше »2020-3-25 18:16 | |
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Mnuchin Tells Congress Tougher Laws Will Be Introduced On Cryptocurrency Payments Soon
During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance. дальше »
2020-2-13 21:39 | |
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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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Op-ed: We’re missing the point of the new 2020 Cryptocurrency Act (USA)
Last month, the United States Congress announced that it would be introducing a new bill focused solely on cryptocurrency activities within the U.S. aptly named The Cryptocurrency Bill 2020. Although many people believe there are a number of different reasons for the introduction, ultimately the underlying catalyst of the bill being introduced was, beyond doubt, […] The post Op-ed: We’re missing the point of the new 2020 Cryptocurrency Act (USA) appeared first on CryptoSlate. дальше »
2020-1-20 18:18 | |
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Why This New Act of Congress Could Drive Crypto Adoption
The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event. дальше »
2020-1-17 01:00 | |
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New Congressional Bill Seeks To Exempt Small Crypto Transactions From Taxes
A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […] дальше »
2020-1-17 00:18 | |
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New Draft Bill Aiming to Classify Crypto Assets Introduced in US Congress
Draft cryptocurrency bill clarifies which agency should regulate each type of crypto-asset
дальше »2019-12-21 20:12 | |
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