2021-8-16 01:37 |
Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill. origin »
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The Keep Innovation in America Act seeks to repeal the reporting requirements of the infrastructure bill and clarify the meaning of “broker.”
2021-11-19 22:24 | |
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The controversial trillion-dollar infrastructure bill that included an overreaching definition of ‘broker’ covering crypto miners, stakers, lenders, and decentralized applications, is now going for a vote in the US House of Representatives on Friday.
2021-11-5 15:06 | |
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The United States House of Representatives Speaker Nancy Pelosi says she’s optimistic that the highly controversial over $1 trillion infrastructure bill, which is expected to slap stricter taxation reporting requirements on crypto market participants, will be passed this week, according to a Reuters report on September 26, 2021.
2021-9-27 15:00 | |
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The recent struggle to sign a new Infrastructure Bill has been well-publicized and hotly debated. It has been especially controversial because of its language regarding cryptocurrencies. The post U.
2021-8-26 18:00 | |
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The Treasury Department is influencing the infrastructure bill to gain jurisdiction over the DeFi… The post Crypto industry blindsided by US Infrastructure Bill: Chervinsky appeared first on Coin Journal.
2021-8-18 13:50 | |
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The cryptocurrency industry’s last-minute lobbying push to amend provisions in the bipartisan infrastructure bill that was completed over the weekend could succeed in eliminating some of the Internal Revenue Service (IRS) scrutiny that stakeholders in the sector would face.
2021-8-5 20:00 | |
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Senator Cynthia Lummis (R- Wyo), Ron Wyden (D-Ore), and Pat Toomey (R-Pa) are behind the amendment proposal that integrates crypto into the financial system and protects American innovation while ensuring taxes are paid.
2021-8-5 16:01 | |
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Three U.S. Senators have sent an amended version of the cryptocurrency regulation in the infrastructure bill, changing the definition of a broker to exclude certain entities. The post US Senators Provide Crypto-Related Amendment in Infrastructure Bill appeared first on BeInCrypto.
2021-8-5 13:03 | |
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The language in the infrastructure bill is an example of why the Bitcoin community has to engage politically.
2021-8-5 19:58 | |
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Republicans are far more likely than Democrats to oppose the draconian cryptocurrency provision in the infrastructure bill
2021-8-5 18:15 | |
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Meanwhile, senators Pat Toomey and Ron Wyden are calling to “fix” crypto tax provision in the bipartisan infrastructure bill. The post Developers and Miners ‘Not’ Forced to Comply, says Spokesperson of Sen.
2021-8-3 16:14 | |
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US lawmakers are moving to deny that provisions in a proposed $1 trillion infrastructure bill are intended to be as broad as interpreted by Bitcoin policy groups.
2021-8-5 14:20 | |
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Senator Pat Toomey of Pennsylvania has released a statement that calls the wording on crypto taxation in the bipartisan infrastructure bill unworkable and says he will propose an amendment. The post Senator Toomey: Crypto Tax Proposal in Infrastructure Bill ‘Unworkable’ appeared first on BeInCrypto.
2021-8-3 08:52 | |
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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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The U.S. Senate has released a new bi-partisan bill. It sets the stage with new rules for the ever-growing world of crypto. The post Crypto Exchanges Under Threat in New Senate Infrastructure Bill appeared first on BeInCrypto.
2021-8-3 16:03 | |
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Ron Wyden (D-Oregon) also came in support of the crypto community by voicing his concerns about the bill, saying it “fails to understand how the technology works.” The post Infrastructure Bill Gets a Revision, But the Final Text Is Still ‘Bad’ and Now ‘Vague’ Too first appeared on BitcoinExchangeGuide.
2021-8-2 15:40 | |
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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.
2021-8-2 17:51 | |
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As the U. S. Senate plans to hold a popular vote on the proposed infrastructure bill under which a last-minute cryptocurrency tax law was introduced, some believe that the whole bill is ill-fitted due to its vagueness and could prove colossal to the industry and by large, the U.
2021-8-1 16:55 | |
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The unreleased infrastructure bill is the talk of the crypto town, and for a good reason, as it aims to generate $28 billion in tax revenue from the current $1. 67 trillion cryptocurrency industry to help fund the nearly $1 trillion bill.
2021-8-1 17:30 | |
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Here's why the fresh US watchdog proposal might seriously damage crypto segment
2021-8-1 17:25 | |
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Congressman Warren Davidson explained how the cryptocurrency tax addition to the Senate infrastructure bill is bad for the U.S.
2021-7-31 20:16 | |
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This is simply the latest development that shows the lack of understanding amongst policy makers.
2021-7-30 00:03 | |
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Bitcoin price briefly traded above $35,000 as the stock market hit new highs and Paraguay aims to become the second country to adopt BTC as legal tender.
2021-6-25 00:05 | |
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As Congress debates the potential of a second coronavirus stimulus bill, 9 million Americans are still waiting for their first $1,200 payment check to arrive in the mail. The inability of our existing financial infrastructure to respond quickly and effectively to an emergency like COVID-19 has prompted fresh debate about how innovations like digital currencies … Continued The post Interoperability Will Determine CBDC Winners and Losers appeared first on Ripple.
2020-9-25 20:59 | |
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Coinspeaker Louisiana Lawmakers Propose Bill for Licensing Cryptocurrency BusinessesLouisiana’s House of Representatives has forwarded a bill that seeks to establish clear directives and regulatory infrastructure that will allow crypto businesses to work legally in the state.
2020-5-27 15:23 | |
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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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Donald Trump has teased the introduction of a $2 trillion "infrastructure bill," as the U.S. economy continues its coronavirus nosedive. The post Trump Promises Another $2 Trillion to Revive Collapsing U.S. Economy appeared first on CCN.com
2020-3-31 19:25 | |
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Although India had always been a hotbed for the development of crypto infrastructure, the country’s draconian and immature crypto regulation has stifled the scope of innovation there. Most in the crypto ecosystem would be already familiar with the regulatory news coming out of the country with a draft of a bill going as far as […]
2019-6-27 09:02 | |
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By CCN: Total costs from the crypto ransom attack last month on Baltimore’s networks is likely to exceed $18 million. According to Ars Technica, this will include $10 million to fund the full recovery of the IT infrastructure.
2019-6-6 17:40 | |
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Minds. com CEO Bill Ottman recently appeared on the Joe Rogan Experience, where he talked about the importance of open source and decentralization. While these are subjects near and dear to his heart, they are more a vehicle for his true passion – building a social infrastructure that respects people’s rights.
2019-3-2 18:15 | |
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Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.
2018-11-20 23:08 | |
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According to a Russian local newspaper Izvestiya, the head of State Duma [the Russian lower house of the Federal Assembly] Committee for financial markets, Anatoly Aksakov has signaled towards the authority’s consideration on passing a bill on digital assets in its autumn session.
2018-7-19 18:51 | |
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HELIXHILLS is a platform that uses blockchain infrastructure and that has been created to help consumers, service providers, and professional consultants automate the algorithms for selecting business partners and concluding deals, record interaction time and bill the relevant parties using corresponding tariffs, and provide instant loans to reliable users.
2018-7-17 20:44 | |
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HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said.
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
SEBA Bank began its quest for Hong Kong expansion in late 2022, setting up an office in November, with the firm obtaining an in-principle approval to offer virtual asset trading services by August 2023.
Crypto adoption in the United Kingdom has been growing as the country adopts more regulations targeting crypto and stablecoins, the study shows.
Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services.
India has advocated for a global crypto framework for years despite its own crypto ecosystem still lacking a clear regulatory framework and simpler taxation.
The Securities and Exchange Commission’s prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications.