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Nalezeno "AI Regulation": 22267

Bringing crypto market 'into the light' doesn’t address enforcement: CFTC chair

9.2.2022
"Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood," said Rostin Behnam

Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News

9.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News

Russian Government Approves Plan to Regulate Cryptocurrency

9.2.2022
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...

Russian Government Eyes $13 Billion in Taxes From Crypto Economy

9.2.2022
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles...

US House Hearing on Stablecoins and Crypto Reveals Sharp Divide on Approach to Regulation

9.2.2022
A hearing on stablecoin regulation in the US House of Representatives’ Financial Services Committee yesterday revealed strongly diverging views on both stablecoins and crypto more broadly among lawmakers on Capitol Hill.... Read More: US House Hearing on Stablecoins and Crypto Reveals Sharp...

Russian Government Set to Launch Bill that Calls Bitcoin & Crypto a Currency Analogue

9.2.2022
The Russian cabinet has reportedly thrashed out an agreement with the Central Bank on the matter of cryptoassets. Widespread media reports from the likes of Kommersant, as well as CNet explained that the agreement would see a draft law rolled out by February 18.... Read More: Russian Government...

Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

9.2.2022
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining...

Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister

9.2.2022
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank,...

Hong Kong Needs to Respond to Crypto Market Changes with New Rules - Treasury Chief

9.2.2022
Hong Kong regulators and senior members of the government have spoken about their willingness of introducing new rules to police the crypto sector, with a new set of guidelines already formulated for crypto brokerages. According to RTHK, Hong Kong’s Secretary for Financial Services and...

FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’

9.2.2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system...

DoJ seizes $3.6B in crypto and arrests two in connection with 2016 Bitfinex hack

8.2.2022
"The department once again showed how it can and will follow the money," said Deputy Attorney General Lisa Monaco

Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News

8.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News

US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets

8.2.2022
Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success

Russia Plans Up To USD 13.3B In Crypto Taxes

8.2.2022
Amid ongoing talks on new crypto regulation, the Russian government reportedly estimates that, if the country introduces regulations for the crypto market and imposes a tax on transactions that involve cryptoassets, it could generate as much as RUB 1tn (USD 13.3bn) in revenue for the state...

Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year

8.2.2022
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced when it comes to cryptocurrency regulation, the specifics of what will be taxed and...

New Taxes Await for Kazakhstan’s Beleaguered Bitcoin and Crypto Miners

8.2.2022
The government of Kazakhstan has unveiled a package of measures aimed at further taxing the nation’s Bitcoin (BTC) and crypto mining sector. The measures will involve tax hikes on electricity, a crackdown on unregistered miners, a tax on mining hardware, and the introduction of VAT charges...

US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities

8.2.2022
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’...