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Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’
Patrick McHenry, Chairman of the House Financial Services Committee, commented on newly proposed crypto taxation rules on Aug. 25. The IRS, along with the U. S. Treasury, proposed those taxation rules earlier in the day. дальше »
2023-8-26 22:20 | |
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US Government Releases New Proposals for Crypto Taxes
New proposed rules require crypto exchanges and brokers to report digital asset transactions and cost basis to the IRS starting in 2026. The post US Government Releases New Proposals for Crypto Taxes appeared first on BeInCrypto. дальше »
2023-8-26 19:36 | |
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Treasury, IRS propose crypto tax rules defining DeFi platforms as brokers
The U. S. Treasury Department has proposed updated tax rules aiming to streamline the crypto tax landscape, as reported by the Wall Street Journal. The proposed rules, when fully implemented, will obligate crypto businesses to interact with the IRS in a similar fashion to traditional brokers handling stock and mutual fund portfolios. дальше »
2023-8-25 18:55 | |
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Canada requests feedback on new crypto asset rules
Canadian regulator revealed it is considering amendments to its capital and liquidity approach concerning crypto assets. The proposed rules aim to streamline how institutions handle potential risks associated with cryptocurrencies, outlining four distinct categories of digital assets and their respective… дальше »
2023-7-27 10:43 | |
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UK Regulatory Authority Declares Crypto Memes as Financial Advertisements
Proposed Regulations by UK Watchdog: Crypto Memes Could Lead to Criminal Charges and Disclaimers for Firms and Influencers The Financial Conduct Authority (FCA) in the United Kingdom has put forth a proposal that could potentially result in imprisonment for up to two years for individuals found in violation of financial promotion rules concerning crypto memes. дальше »
2023-7-19 14:11 | |
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EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
дальше »2023-6-28 13:53 | |
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Coinbase Chief Legal Officer Slams SEC’s ‘Flawed’ Plan For Exchange Registration
Coinbase has taken a defiant stance against the US Securities and Exchange Commission’s proposed definition change. In a bold move, Paul Grewal, the company’s chief legal officer, has accused the regulator of preemptively imposing its authority and basing its proposed rules on unsubstantiated assumptions about cryptocurrency jurisdiction. дальше »
2023-6-15 11:32 | |
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U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such as electric companies. дальше »
2023-6-14 16:30 | |
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Gary Gensler Met With Waves of Disapproval for Changing Rules in Middle of Game
Crypto investment firm Paradigm has criticized the US Securities and Exchange Commission's proposed redefinition of an "exchange. " The firm said the SEC is wrongly trying to bring crypto trading platforms into its purview and that decentralized exchanges should not be subject to securities legislation. дальше »
2023-6-9 11:53 | |
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UK Financial Conduct Authority Clamps Down on Crypto Marketing
The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information. дальше »
2023-6-9 18:00 | |
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CFTC considers changing risk rules to address crypto volatility
The CFTC has proposed a comprehensive revamp of its risk management regulations, emphasizing the need for firms to prepare themselves for the volatility of cryptocurrencies and the associated risks of holding customers' digital assets. дальше »
2023-6-2 12:16 | |
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U.S. Commodities Agency May Change Risk Rules to Consider Crypto
The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets. дальше »
2023-6-2 03:28 | |
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US Congressmen urge SEC to keep definition of ‘qualified custodian’ unchanged
Congressmen Michael Flood and Ritchie Torres wrote to SEC Chair Gary Gensler, urging him to keep custody rules unchanged. In February, the U. S. Securities and Exchange Commission (SEC) proposed specific changes to the Investment Advisors Act 1940. дальше »
2023-5-26 11:18 | |
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ChatGPT Maker OpenAI Threatens to Leave Europe Over Proposed AI Rules
ChatGPT creator OpenAI Sam Altman said that the AI platform might have to leave Europe if current regulation drafts remain unchanged. The post ChatGPT Maker OpenAI Threatens to Leave Europe Over Proposed AI Rules appeared first on BeInCrypto. дальше »
2023-5-25 09:50 | |
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First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All
ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes? дальше »
2023-5-24 03:52 | |
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Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules
The U.K. opened its plans for regulating the crypto sector for public comment back in February. дальше »
2023-5-10 11:00 | |
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SEC thwarts progress on U.S. crypto regulations as it refrains from defining "digital assets"
The SEC was yet to define the term "digital assets" in rules governing reporting disclosures for hedge funds. The U. S. regulator proposed a definition of digital assets in an August 2022 petitiThe post SEC thwarts progress on U. дальше »
2023-5-4 14:30 | |
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UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users. дальше »
2023-5-3 13:47 | |
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Bitcoin [BTC]: Profits made from sale are taxable, rules Denmark court
The Supreme Court of Denmark has ruled that profits from the sale of Bitcoin assets are taxable. Many countries, including India and Italy, have already proposed laws taxing gains made on cryptThe post Bitcoin [BTC]: Profits made from sale are taxable, rules Denmark court appeared first on AMBCrypto. дальше »
2023-3-31 13:30 | |
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Tyler Winklevoss: US SEC proposed rules recognize Gemini crypto custody platform
Tyler Winklevoss, the co-founder of Gemini, a cryptocurrency exchange, in a tweet, claims that their crypto custody service is recognized by the United States Securities and Exchange Commission (SEC). дальше »
2023-2-19 22:44 | |
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Coinbase Supports SEC’s Proposed Crypto Custody Rules, But Not Everyone Is Happy
The U.S. Securities and Exchange Commission (SEC) has proposed introducing rules to address how investment advisers safeguard client crypto assets. According to a Wednesday statement, the SEC plans to ask Congress to broaden its oversight mandate under the current investment adviser custody rule beyond client funds and securities to include “any client assets”. This means […] дальше »
2023-2-18 23:47 | |
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UK crypto firms could be jailed for 2 years for violating advertising laws
The new proposed advertising rules in the UK could subject executives of crypto firms to up to two years in prison for failing to meet certain promotion requirements. Crypto firms would need eiThe post UK crypto firms could be jailed for 2 years for violating advertising laws appeared first on AMBCrypto. дальше »
2023-2-7 12:30 | |
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France Could be Next to Tighten Crypto Regulations Following FTX Collapse
A French Senator proposed tightening crypto rules after the FTX demise shook the sector. The post France Could be Next to Tighten Crypto Regulations Following FTX Collapse appeared first on BeInCrypto. дальше »
2022-12-15 10:53 | |
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Proposed new MiCa rules in EU would have prevented FTX’s collapse
European Union officials claim that their upcoming cryptocurrency regulation would have prevented the collapse of FTX. Deputy Director General at the European Commission’s financial services department Alexandra Jour-Schroeder said that the upcoming European Union’s Markets in Crypto Assets regulation (MiCa)… дальше »
2022-11-30 20:37 | |
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Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns
Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process. дальше »
2022-11-5 13:15 | |
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UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
The lower house of the parliament voted in favor of adding crypto assets to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins. дальше »
2022-10-26 18:31 | |
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Colombia Releases Regulation Draft for Crypto Market
The Financial Superintendence of Colombia has just released a draft of rules for the crypto industry. The rules focus on a variety of topics and are similar to what other countries have proposed. дальше »
2022-7-20 12:15 | |
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Should Optimism (OP) Airdrop Sellers be Penalized in Future Rounds? Community is Divided
Soon after the Ethereum layer 2 network scaling solution Optimism (OP) went live on exchanges, community members proposed new rules for future airdrops. The post Should Optimism (OP) Airdrop Sellers be Penalized in Future Rounds? Community is Divided appeared first on BeInCrypto. дальше »
2022-6-3 04:45 | |
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Crypto Taxation Rules on Deductibles Unfortunate For Indian Industry, Says WazirX Founder
India crypto taxation rules in the proposed Finance Bill 2022 will only make things harder and curtail the industry unless they are changed, according to the founder of WazirX crypto exchange Nischal Shetty. дальше »
2022-3-22 16:56 | |
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Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.
дальше »2022-1-13 16:26 | |
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Texas Ethics Commission is pro-cryto on officeholders, others accepting contributions
After becoming one of the top mining destinations in the US, the State of Texas is making it easier to receive crypto as a form of payment. The Texas Ethics Commission proposed a set of new rules rThe post Texas Ethics Commission is pro-cryto on officeholders, others accepting contributions appeared first on AMBCrypto. дальше »
2021-10-23 16:30 | |
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South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable
The country’s crypto tax rules that had been previously proposed have been accepted and will go into effect in 2022. As of now, non-fungible tokens (NFTs) are not included under the tax. The post South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable appeared first on BeInCrypto. дальше »
2021-10-8 20:24 | |
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