Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto

2022-3-16 19:15

Ukrainian President Volodymyr Zelenskyy legalized crypto in the country, signing into law a bill on virtual assets.

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Bukele tells U.S Senators El Salvador’s Bitcoin Law is not their concern

President Bukele reacted to a U. S Senate bill on El Salvador’s Bitcoin Law by saying, “stay out of our internal affairs. ” The bill, titled “Accountability for Cryptocurrency in El Salvador (ACES) Act,” calls for the State Department to assess El Salvador’s adoption of Bitcoin with a view to “mitigate potential risks” to the United States financial […] The post Bukele tells U.

2022-2-17 17:30


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DeFi strategist Matt West claims the infrastructure bill can be fixed

Matt West, a DeFi strategist, and a Democratic congressional candidate believes there is still time to amend the US infrastructure bill, which President Biden signed into law on November 15. The bill passed into law without amendments to the broad provisions that could introduce stricter reporting requirements on crypto network validators and software developers.

2021-11-18 01:43


Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy

The trillion-dollar infrastructure bill passed by the Senate and now pending in the House that has an overreaching definition of ‘broker’ also contains an overlooked “digital assets” provision. If this bill becomes law, that would be a disaster, said Abraham Sutherland, an adjunct professor at the University of Virginia School of Law and an adviser […] The post Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy first appeared on BitcoinExchangeGuide.

2021-9-19 16:33


LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods

With crypto law, the country seeks to become “compatible with the blockchain, crypto assets, and the internet” along with smart contracts and DAOs. The post LATAM’s Crypto Adoption: Panama Introduces Bill to Regulate Crypto and Recognize BTC and ETH as Payment Methods first appeared on BitcoinExchangeGuide.

2021-9-9 20:05


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US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions

A U. S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said.

2021-7-1 02:30


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Indian Government Review Bill That Proposed Ban on Cryptocurrencies

It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More

2021-6-17 19:00


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Texas Governor Wants State to Lead in Crypto Adoption as it Did With Gold

With the recent Crypto law proposal, Texas emulates Wyoming with regards to Crypto Assets legislation in the hope of catching up on the trend, but experts detect a flaw in the Texas bill. Sometime mid-March Nathaniel “Tan” Parker—Texas businessman and Representative—presented an amendment bill for the Texas Uniform Commercial Code, UCC. The bill, House Bill […]

2021-4-3 21:18


Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law

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