2022-5-5 16:06 |
The EU bill would also tackle decentralized finance and bitcoin's energy use.
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After El Salvador’s move to give Bitcoin a legal tender, the National Assembly of the Central American country, Panama, passed a bill on Thursday to enact regulations for the commercialization and use of cryptocurrency in the republic.
2022-5-1 23:00 | |
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The bill will now be carried with support to the State Senate for passing before a final sign-off into law by Governor Hochul.
2022-4-27 07:29 | |
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The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected by the bill, nor are any that tap renewable resources.
2022-4-27 06:11 | |
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The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto.
2022-3-26 14:36 | |
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A watered-down amendment limiting the use of proof-of-work cryptocurrencies has made it to the final draft of the MiCA framework
2022-3-13 12:26 | |
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Russian Central Bank and the Ministry of Finance’s adverse opinions lead to a restrictive policy instead of banning the use of cryptocurrencies. Per the Coindesk, the Ministry of Finance purposes a bill that limits the crypto transactions tied with licensed operators in Russia, adding peer-to-peer trading as illegal, while certified wallets are allowed. Related Reading […]
2022-2-25 11:44 | |
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Legislators have given their nod to the Ukraine crypto bill, making the use of crypto assets in the country easier as Ukraine teeters on the verge of a military confrontation with Russia. With 272 votes, the Ukrainian parliament gave its thumbs-up for the Law of Ukraine on Digital Assets.
2022-2-18 14:41 | |
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As the asset class has gone considerably mainstream over the past few years, countries worldwide are struggling with the formation of a clear crypto tax regime, especially as the dynamics and use caseThe post United States: Bill to reduce crypto tax on transactions reintroduced as use cases increase appeared first on AMBCrypto.
2022-2-4 17:30 | |
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Newt Gingrich, a U.S. politician who was in the White House during Bill Clinton's administration and ran for president in 2012, has turned to Bitcoin
2021-10-21 16:31 | |
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Tonga, which has a population of 105,700 people, is the latest one that could take the route of cryptocurrency as its MP Lord Fusitu'a drafts a bill to make Bitcoin a legal tender in the Pacific nation, according to a media report.
2021-10-4 20:03 | |
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A new bill that aims at recognizing Bitcoin as another payment method has emerged in Panama. The bill will also give residents the freedom to use cryptocurrencies. Amidst El Salvador adopting BTC as legal tender, a Central American country is trailing the same path.
2021-9-8 08:45 | |
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Panamanian Congressman Gabriel Silva has introduced a bill to regulate the use of digital currency within the nation. The proposed bill in Panama would recognize bitcoin as a national alternative payment method.
2021-9-8 08:41 | |
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Panama is the latest Latin American country contemplating cryptocurrencies, joining El Salvador, which today became the first country in the world to officially make bitcoin legal tender. On September the 6th, a member of Panama’s independent opposition party, Bancada Independiente, presented a bill that could spearhead the incorporation of bitcoin as an alternative currency and […]
2021-9-8 01:29 | |
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As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz.
2021-9-3 17:56 | |
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Ethereum has been receiving a lot of positive encouragement lately, thanks to the development activity. It is no wonder then that venture capitalist Bill Gurley recently championed the use of EthereumThe post Why Ethereum is the 'the smarter way to play' appeared first on AMBCrypto.
2021-8-30 02:00 | |
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Paul Krugman, who counts winning the 2008 Nobel Prize in Economics among his accolades, slams the crypto industry, saying its only use is for “tax evasion and illegal transactions.” The comments came in reference to a Bloomberg article about the infrastructure bill, which has drawn mounting criticism for various reasons. Including the main gripe for […]
2021-8-28 03:01 | |
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Ukraine, one of the world’s most active cryptocurrency nations, is striving to become the utopia jurisdiction for businesses. Legislators in the country are working on a package of bills that would essentially integrate cryptocurrency into its legal and financial system.
2021-8-7 23:42 | |
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Cryptocurrency and blockchain are becoming quite mainstream as of this year and it’s likely that just about any financial transaction will be able to be completed via the use of crypto in the next few years.
2021-8-5 23:46 | |
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The People’s Party (PP) of Spain wants to promote the use of cryptocurrencies, and it proposes allowing them to be used not only for mortgage payments by homeowners but also for companies in the real estate sector and fund managers to use their own cryptocurrency to buy groups of mortgages from banks in securitization processes.Read More
2021-8-3 17:00 | |
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Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language AsRead More
2021-8-3 05:00 | |
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Some members of the Pennsylvania House of Representatives introduced a bill into the state’s General Assembly, which proposes the establishment of a crypto task force that would examine the use of cryptocurrency and digital assets in the Commonwealth of Pennsylvania.
2021-7-29 09:30 | |
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Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency.
2021-7-13 14:00 | |
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Legendary investor Bill Miller has spoken out on Bitcoin's reliability as a store of value
2021-7-13 13:37 | |
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In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country.
2021-7-3 21:21 | |
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Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
2021-7-3 19:32 | |
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A draft bill prepared by Iranian lawmakers bans the use of all non-national cryptocurrencies for payments
2021-7-2 17:23 | |
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The United States House of Representatives has passed a bipartisan bill that proposes the study of the use of blockchain technology and digital tokens. Within a week of introduction, the bill passed the 117th Congress with a resounding 325 votes in favor of, and 103 votes against.
2021-6-24 19:10 | |
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Lawmakers in the U. S. state of Colorado have greenlighted a bill that seeks to empower Universities to study the potential use case of blockchain and other new technologies in water management, according to reports on June 20, 2021.
2021-6-22 17:00 | |
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The American House of Representatives recently passed legislation requiring publicly listed companies to disclose Environmental, Social and Governance (ESG) metrics. The bill was passed by a narrow voThe post This will be another nudge for Bitcoin miners to use green energy appeared first on AMBCrypto.
2021-6-21 03:00 | |
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The US have almost passed a bill to force publicly listed companies to disclose their ESG metrics data
2021-6-19 14:11 | |
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The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities.
2021-4-27 05:30 | |
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The state of Louisiana has passed a bill that encourages the use of Bitcoin while commanding the trillion-dollar crypto asset for its success and its pseudonymous creator Satoshi Nakamoto for his contribution to economic security.
2021-4-24 22:04 | |
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Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide.
2021-3-27 17:17 | |
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The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review.
2021-3-5 11:30 | |
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In a bid to combat the use of digital currencies as means of financing terrorism, a group of representatives from the Republican and Democratic Parties has introduced a bipartisan bill to the House on Jan 13, which seeks to create a task force focused on preventing the usage of cryptocurrencies in sponsoring terrorism. Bill AgainstRead More
2021-1-16 20:00 | |
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The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […]
2021-1-14 10:30 | |
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Ohio’s House of Representatives recently passed a blockchain-oriented bill that might allow the use of distributed tech within its state operations, should the legislation eventually achieve law status.
2020-12-9 16:41 | |
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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.
2020-12-5 12:00 | |
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A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate
2020-12-4 09:04 | |
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The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […]
2020-9-4 14:38 | |
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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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Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment.
2020-8-2 16:15 | |
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Russian lawmakers passed a bill on Wednesday that gives cryptocurrencies legal status but, at the same time, banned them from being used as a means of payment. Duma, the lower house of parliament, approved the bill on digital financial assets in the third and final reading.
2020-7-24 18:39 | |
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The Russian cryptocurrency ecosystem is gleefully celebrating a newly achieved milestone as lawmakers in Russia passed the bill that has now decriminalized the use and of digital currencies in the country.
2020-7-23 14:53 | |
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Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.
2020-6-12 22:05 | |
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Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […]
2020-5-30 22:47 | |
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Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a proposed bill to penalize individuals and companies that use crypto and Bitcoin in financial transactions.
2020-5-26 20:30 | |
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Kentucky has successfully completed a legislative process to create a blockchain-oriented working group. This is after its governor, Andy Beshear, signed a bill on April 24 effecting the establishment of a proposed task force.
2020-4-28 19:26 | |
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Convicted felon Bill Cosby asked his lawyers to petition for his release. Why? Because he thinks coronavirus is a get out of jail free card. The post Bill Cosby Schemes to Use Coronavirus as a Get Out of Jail Free Card appeared first on CCN.com
2020-3-26 22:59 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.