Tag Archives: Legislation

US Congressmen Introduce Two Bills to Prevent Crypto Price Manipulation

Two congressmen from Florida and North Carolina have introduced bipartisan legislation aimed to help prevent cryptocurrency price manipulation. Representatives Darren Soto (Democrat) and Ted Budd (Republican) jointly announced Thursday that their two bills – “The Virtual Currency Consumer Protection Act of 2018” and the “U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018” – are ultimately aimed… Read More »

Wyoming Passes Blockchain Bank Bill Despite Industry Opposition

Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. 13-1 Majority to Pass the Bill The state of Wyoming has a reputation for being welcoming towards blockchain technology. This reputation was strengthened by a legislative committee, which voted… Read More »

Belarus: High Tech Park Releases ‘Complete Legal Regulations’ for Cryptocurrencies

Belarus High-Technologies Park (HTP), a national special economic zone contributing to the IT business, has established the rules for the operation of the cryptocurrency market in the country, according to documents published by HTP Nov. 30. The regulatory documents define the requirements for various types of businesses related to cryptocurrencies and Initial Coin Offerings (ICO), as the general… Read More »

STOs Are Now Much ‘Sexier’ as The ICO Party Ends

There’s a new “sexy” in cryptoville and it goes by the name of STO. So if you want to avoid enormous fines, a lengthy stretch in the slammer, or an outright ban, here’s what you need to know. The rundown: ICOs are banned in some parts of the world and getting clamped down on in others; STOs are… Read More »

Venezuela’s Parliament Issues Framework to Boost Investment in Country through Cryptocurrency

A lot of countries have been moving to cryptos ditching their sovereign fiat currencies for safety against the looming economic crises. The country that has been at the forefront of this adoption is Venezuela as its economy is currently in tartars with inflation skyrocketing and Peso being worthless. Legislation to provide businesses confidence to carry out transactions in… Read More »

France Considers a Flat Capital Gains Tax for Bitcoin

The finance commission in France’s lower house of parliament has reportedly backed plans to decrease taxes on bitcoin sales, putting it on the same level as the standard capital gains tax. 30% Flat Tax on Bitcoin Gains Reuters reports that the finance commission in the lower house of the French parliament has backed plans to ease taxation on… Read More »

Japan Appoints Blockchain-Supportive New Minister of Science and Tech

New Minister Takuya Hirai – has been appointed by Japan’s prime minister as the new Minister of Science and IT/Technology during a period when the country is turning its focus even more towards blockchain spreading around various sectors. The crypto-verse is welcoming the decision as the new minister had quite a saying in the past when it comes… Read More »

France Contemplating Regulatory Framework for Cryptocurrency Intermediaries

France is considering enacting the country’s very first regulatory framework governing crypto-asset intermediaries. The move will require fiat-to-cryptocurrency exchanges as well as custodians of cryptographic keys to undergo a mandatory AMF registration.  Getting Serious About Cryptocurrencies France is one of the more active members of the European Union when it comes to cryptocurrency regulations. The country introduced its… Read More »

Cryptocurrency Regulations Moving Towards Clarity, Says Investment Security Expert

Julie Myers Wood believes that the era of little or no regulations in the cryptocurrency space is fast becoming a thing of the past. The Guidepost Solutions CEO says regulators will firm up laws to protect investors from bad actors in the industry. The Sun Will Soon go Down on the Cryptocurrency ‘Wild West’ According to the Asia… Read More »

U.S. Federal Election Committee Considers Request to Mine Cryptocurrency for Political Campaigns

Candidates for the 2020 presidential election may be able to accept cryptocurrency mining profits as campaign donations.  Could Mining Reform Political Campaigning? Osia Network, LLC, recently made a request to embed cryptocurrency mining tools on the FEC website and the U.S Federal Election Committee (FEC) is considering whether or not mining profits could be used to support political… Read More »