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US Lawmakers Demand Answers on Prometheum’s China Ties
Five US lawmakers want answers on reputed ties between digital asset firm Prometheum and China-based investors. The post US Lawmakers Demand Answers on Prometheum’s China Ties appeared first on BeInCrypto. дальше »
2023-7-11 23:36 | |
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US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violations
U. S. Senator Tommy Tuberville of (R-AL) and Members of Congress Ralph Norman (R-SC), Barry Loudermilk (R-GA), Byron Donalds (R-FL), and Mark Alford (R-MO) Blaine Luetkemeyer have co-signed a letter calling on Attorney General Merrick Garland and the Securities and Exchange Commission (SEC) Chair Gary Gensler to investigate Prometheum, Inc. дальше »
2023-7-11 21:20 | |
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Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset. дальше »
2023-7-6 21:24 | |
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UK government moves forward on bill aimed at empowering authorities to seize crypto
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law. дальше »
2023-7-5 23:00 | |
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Slovakia approves lower crypto income tax rate
Slovakian lawmakers have passed legislation to regulate and reduce the tax rate on cryptocurrency income. Under the new law, crypto income from assets held for at least a year will be taxed at a favorable rate of 7%, aligning Slovakia… дальше »
2023-7-1 11:24 | |
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What To Expect As Canadian Lawmakers Endorses Cryptocurrency And Blockchain Tech
The endorsement of cryptocurrencies and blockchain technology by a group of thirty Canadian lawmakers, as outlined in the report titled “Blockchain Technology: Cryptocurrencies and Beyond,” highlights the growing recognition of the potential benefits and importance of these technologies. дальше »
2023-6-30 11:55 | |
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Slovakian Lawmakers Vote To Reduce Crypto Income Tax Rate
Lawmakers in Slovakia recently voted to confirm legislation to regulate and tax cryptocurrency income at a lower rate. Starting in effect, crypto income on assets held for at least a year will only be taxed at 7% instead of the current rates of 19% or 25%. дальше »
2023-6-30 00:00 | |
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Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation
Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders. дальше »
2023-6-30 20:00 | |
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Slovakia to reduce crypto income tax rate: will more countries follow suit?
Key takeaways Slovakian lawmakers have voted in favour of reducing cryptocurrency income tax in the country. The move could see more cryptocurrency investors in the country and could benefit the broader crypto market. дальше »
2023-6-30 17:44 | |
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Canada proposes measures to support blockchain and crypto
Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons. дальше »
2023-6-29 12:24 | |
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Canadian lawmakers publish recommendations in support of blockchain adoption
While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to support […] The post Canadian lawmakers publish recommendations in support of blockchain adoption appeared first on CryptoSlate. дальше »
2023-6-29 06:00 | |
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EU data act adopts smart contract kill switch regulations
The European Union (EU) is making progress on the European Data Act, despite facing criticism from the cryptocurrency community, as lawmakers have reached an agreement to proceed with the legislation. дальше »
2023-6-28 20:41 | |
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Senator Cynthia Lummis criticizes SEC’s action against Coinbase, says lawmakers are working on crypto regulation bill
U. S. Senator Cynthia Lummis said the SEC’s recent action against cryptocurrency exchange Coinbase despite its attempts to comply with regulators, “is not the right way to do business in America. дальше »
2023-6-24 23:03 | |
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Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins
Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee. дальше »
2023-6-22 18:22 | |
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House of Lords conducts final review of financial services bill before returning to House of Commons
During a session in the House of Lords, lawmakers in the upper house of the United Kingdom Parliament voiced their support for the Financial Services and Markets Bill. дальше »
2023-6-20 20:00 | |
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UK lawmakers in Upper House approve new crypto regulation bill
UK lawmakers in the Upper parliament, the House of Lords, have approved a new bill that if adopted into law could offer comprehensive rules that define crypto regulation in the country. UK’s FSMB in final stages before becoming law The Financial Services and Markets Bill (FSMB) is a government bill first introduced in July 2022 […] The post UK lawmakers in Upper House approve new crypto regulation bill appeared first on Invezz. дальше »
2023-6-21 19:56 | |
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Republican Lawmakers Rally Behind Cryptocurrency Innovation, Leaving SEC to Fight Alone
In a recent development, Republican members of the House Financial Services Committee have called on the U. S. Securities and Exchange Commission (SEC) to withdraw its proposed rule to redefine the term “exchange. дальше »
2023-6-15 10:10 | |
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Digital euro proposal set for debate as EU advances AI restrictions legislation
Separate reports indicate that lawmakers in the European Union (EU) are advancing potential rules around a “digital euro” and artificial intelligence (AI). ECB could limit digital euro for financial stability Bloomberg reported June 14 that it obtained a copy of a draft proposal from the European Commission. дальше »
2023-6-15 03:03 | |
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EU lawmakers vote for landmark Artificial Intelligence regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public. The regulation also seeks a ban on real-time biometric recognition. дальше »
2023-6-15 21:33 | |
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Court temporarily blocks new charges in Sam Bankman-Fried’s US indictment
Sam Bankman-Fried has been battling with lawmakers since the FTX exchange debacle last year. In a twist to the fight surrounding the cryptocurrency entrepreneur, the Bahamian court has temporarily blocked new charges in SBF’s US indictment. дальше »
2023-6-15 13:10 | |
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House Republicans tell SEC to refrain from expanding defintion of exchange
Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges. Republicans oppose broadened definition Specifically, the lawmakers expressed concern with a proposed amendment from the U. дальше »
2023-6-14 23:45 | |
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Bill to dismiss SEC chairman Gary Gensler gains support
US lawmakers have introduced a bill to remove Gary Gensler from his position as Chair of the SEC. The bill responds to what the representatives describe as a “long series of abuses” under Gensler’s leadership. In a recent press release… дальше »
2023-6-13 16:04 | |
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Circle CEO urges Congress to lead stablecoin regulation
Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation. дальше »
2023-6-13 14:12 | |
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Fire Gary Gensler: Lawmaker Takes Stand Against SEC Chairman’s Crypto Agenda
Lawmakers in the United States are taking a stand against the recent crackdown on the crypto industry by the Securities and Exchange Commission (SEC). Congressman Warren Davidson has been particularly vocal in his criticism of SEC Chairman Gary Gensler and has called for his removal. дальше »
2023-6-13 00:00 | |
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Pro-Crypto Lawmakers Officially Introduce Legislation To Oust SEC Chair, Gary Gensler
U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler could be facing unemployment after Rep. Warren Davidson (R-Ohio) and Rep. Tom Emmer (R-Minn.) introduced a bill to remove the SEC boss from power. дальше »
2023-6-13 23:03 | |
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US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler
U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »
2023-6-13 22:23 | |
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US, UK lawmakers to hear arguments around crypto regulations on June 13
As the cryptocurrency industry faces regulatory headwinds, lawmakers in the United States and the United Kingdom are set to bring the discussion into the public sphere. On June 13, both nations will host high-profile hearings, marking a pivotal moment in the ongoing debate over digital asset regulation. дальше »
2023-6-13 21:50 | |
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New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers. дальше »
2023-6-9 07:08 | |
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Binance may have lied to US lawmakers, argue senators: Report
U.S. senators asked the Justice Department to investigate whether the crypto exchange made a false statement to Congress in a letter earlier this year. дальше »
2023-6-9 18:43 | |
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UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling. дальше »
2023-6-8 11:09 | |
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Congressmen Call Crypto Market a ‘Major Source of Tax Evasion’
3. 5 Turbo US Congressmen Brad Sherman and Stephen Lynch have urged the US Treasury and IRS to curb "major tax evasion" in the crypto industry. The lawmakers argue that brokers need the new laws to comply with filing requirements for the 2023 financial year. дальше »
2023-6-8 17:30 | |
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Robinhood might delist cryptos named in SEC’s suit against Coinbase & Binance
The Securities & Exchange Commission sued the two top exchanges, Coinbase and Binance, citing law violations. While the two prepare to meet the regulator in court, public-listed investment platform Robinhood assesses its crypto offerings to avoid trouble with the lawmakers. дальше »
2023-6-7 11:33 | |
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