Tag Archives: bill

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 (more…)

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 (more…)

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 (more…)

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 (more…)

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 (more…)

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 (more…)

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 (more…)