legislators
US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China
US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices
Ripple’s Lobbying Efforts in 2020 to Improve Crypto Regulation May Have Been in Vain
Ripple ran the cryptocurrency industry’s most expensive lobbying program in 2020, appealing to legislators to reconsider how crypto was regulated.
Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign
All 350 Deputies of the Spanish Congress have received Bitcoin as part of an educational campaign aiming to teach legislators about the uses and functions of crypto.
German Banks Authorized for Crypto Custody and Sales in 2020
In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.
Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens
Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.
How the New Crypto Law in India Could Play Out
After the celebration seen in India’s Supreme Court as the verdict was given against the Reserve Bank of India (RBI) in its action of restricting financial institutions from providing banking services to cryptocurrency-based businesses, interested parties are wondering how the recent news will play out.
US Congressman Set to Implement the Cryptocurrency Act of 2020
Paul Gosar of the House of Representative introduced the “Crypto-Currency Act of 2020,” on March 9, a bill that is set to choreograph a wide range of digital assets to be liable to the appropriate regulatory bodies and agencies assigned to it.
Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding
Cryptocurrency has its benefits, but several consumers are still unaware of what they are because of security concerns and how the technology functions. In a recent interview, Coleman Watson – Managing partner Watson LLP – identified that while many people are interested in using cryptocurrency, lack of understanding remains a major hurdle.
US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?
As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.
Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut
Japan’s finance minister stated that there is no need to lower crypto tax rates.