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US Congressmen urge IRS to provide clarity on cryptocurrency taxation laws in new joint letter

Government institutions in the United States of America have played a pivotal role in controlling the fate of cryptocurrencies and the digital asset market, in general. One of the main issues that lawmakers and government officials raise is the taxation on cryptocurrencies like Bitcoin [BTC] and Ethereum [ETH], which was discussed again in a recent […] The post US Congressmen urge IRS to provide clarity on cryptocurrency taxation laws in new joint letter appeared first on AMBCrypto. дальше »

2019-4-12 17:00


XRP: Four Regulatory Updates Surrounding Ripple All Community Members Should Acknowledge

Four regulatory events that could directly or indirectly have an impact on XRP, the 3rd largest digital asset by Ripple has been either gone under process or been granted approval. Token Taxonomy Act Gets Re-introduced By US Congressmen A fresh attempt has been made by lawmakers to give cryptocurrencies a clearer legal status in the […] дальше »

2019-4-10 19:32


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U.S. Congress Explore Additional Cryptocurrency Regulations

A pair of United States Congressmen are at the forefront of efforts to improve the cryptocurrency regulatory paradigm in the country. Stakeholders from lawmakers to investors say the country needs to act fast or risk falling behind Europe and Asia in the race to dominate the landscape of the emerging digital economy. Bipartisan Efforts toRead More дальше »

2019-4-1 20:00


U.S. Government Will Consider “Token Taxonomy Act”, Potentially Freeing Crypto from Securities Laws

Kate Rooney, CNBC’s markets reporter, has revealed that two congressmen are working on a bill to remove crypto from the 72-year-old U. S. securities law. The representatives, Warren Davidson and Darren Soto, are calling it the “Token Taxonomy Act” and will be presenting their ideas to the House within the next few months. дальше »

2018-12-24 21:38


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Cryptocurrencies Are Not Securities – U.S. Congress to Amend Outdated Definition

A new bill was introduced in the U. S. Congress on Thursday, aiming to bring regulatory clarity on cryptocurrencies, CNBC reported. The Century’s Most Innovative Technology Defined by Decades-old Legislation The bill, dubbed “Token Taxonomy Act,” was led by congressmen Warren Davidson of Ohio and Darren Soto of Florida, and focuses on two amendments. дальше »

2018-12-21 14:59


Two congressmen propose to exclude digital currencies from definition of a security

On Thursday, two congressmen introduced a bill that would exclude digital currencies from the decades-old definition of a security, CNBC reported. The legal definition might seem like an insignificant change, but it has become a heated issue for those in the industry who say the law is outdated for a digital asset class. The “Token […] дальше »

2018-12-22 09:38


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Congressmen Introduce Bill to Change Securities Definition to Exclude Cryptocurrency

Two congressmen are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies. The new definition could benefit current cryptocurrency projects—such as Ripple’s XRP—and allow for ICOs and STOs to fundraise with more clarity. дальше »

2018-12-21 02:03


TechCrunch Founder Shuns US, Congressmen Demand Clarification From SEC, Battlegrounds Laid For the Fight at Capitol Hill

Michael Arrington, TechCrunch founder named by the TIME Magazine as one of the most influential people in the world in 2008, has stated he will shun US over SEC’s behavior regarding... The post TechCrunch Founder Shuns US, Congressmen Demand Clarification From SEC, Battlegrounds Laid For the Fight at Capitol Hill appeared first on Trustnodes. дальше »

2018-9-29 17:17


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