bill

Bill Promises to Rid New York of Bitlicense Fees

3 months ago admin2 Comments Off on Bill Promises to Rid New York of Bitlicense Fees
Economy & Regulation A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim Read More

Bill Introduced to Make South Korean Officials Declare Their Crypto Investments

5 months ago admin2 Comments Off on Bill Introduced to Make South Korean Officials Declare Their Crypto Investments
Regulation A bill has been introduced in South Korea to require public officials to declare their investments in cryptocurrencies including bitcoin. This initiative follows the recent controversies within the government regarding cryptocurrency regulations, including insider trading and market manipulation. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Bills Read More

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

5 months ago admin2 Comments Off on Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges
Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei Moiseev Read More

New York Assemblyman Proposes Digital Currency Task Force

7 months ago admin2 Comments Off on New York Assemblyman Proposes Digital Currency Task Force
Regulation A few new bills have been proposed by New York state officials concerning the implications of blockchain technology and cryptocurrencies. One of the bills sponsored by the democratic assemblyman Clyde Vanel called bill AO8783 aims to create a “digital currency task force” that plans to monitor the “widespread implementation of digital currencies on financial Read More

The Satoshi Revolution – Chapter 3: Bad News: Government Takes Cryptocurrency Seriously (Part2)

7 months ago admin2 Comments Off on The Satoshi Revolution – Chapter 3: Bad News: Government Takes Cryptocurrency Seriously (Part2)
Featured The Satoshi Revolution: A Revolution of Rising Expectations.Section 1 : The Trusted Third Party ProblemChapter 3: Trying to Undo Satoshiby Wendy McElroy Bad News: Government Takes Cryptocurrency Seriously (Chapter 3, Part 2) A dangerous legal cloud on the horizon has edged closer. On Tuesday, November 28, Senate Bill 1241 was heard by the U.S. Read More

The UK and the EU have reportedly reached an agreement on the Brexit break-up fee

7 months ago admin2 Comments Off on The UK and the EU have reportedly reached an agreement on the Brexit break-up fee
British and European negotiators have reportedly reached an “agreement-in-principle” over the amount that the UK has pay the EU as it leaves the bloc. Published 4 hours ago  |  Photo by Reuters/Neil Hall €55 billion The tentative figure ranges from €45 billion ($53 billion) to €55 billion ($65 billion), according to the Telegraph, citing sources on Read More

Australian Company Processes $1 Million Worth of Cryptocurrency in Bill Payments Weekly

7 months ago admin2 Comments Off on Australian Company Processes $1 Million Worth of Cryptocurrency in Bill Payments Weekly
Economics Living Room of Satoshi, an Australian company that allows its customers to make payments via credit card, direct bank, or BPAY using eleven different cryptocurrencies, has revealed that the company is now processing approximately $1 million AUD (roughly $ 756,000 USD) worth of bill payments each week. Also Read: Australian Bitcoin Adoption Increases Following Regulatory Read More

Don’t look now, but the Republican tax bill will cut $25 billion from Medicare next year

7 months ago admin2 Comments Off on Don’t look now, but the Republican tax bill will cut $25 billion from Medicare next year
As both candidate and president, Donald Trump promised not to cut either Medicaid or Medicare, the government health-insurance programs for the poor and the elderly. The Republican party’s tax reform proposal, however, looks set to break that promise. Republican leaders want their tax bill to end the individual mandate, the requirement for all Americans to Read More

Ukraine Drafts Law to Exempt Crypto Income and Profits from Taxation

8 months ago admin2 Comments Off on Ukraine Drafts Law to Exempt Crypto Income and Profits from Taxation
Regulation A bill has been submitted to the Ukrainian parliament to amend the country’s tax code to exempt cryptocurrency income and profits from taxation, including from buying, selling, transacting, and mining. Also read: Ukraine’s New Bill Treats Bitcoin as Financial Asset and Encourages Mining Bill Seeks Crypto Tax Exemptions The head of the Committee on Read More