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The SEC Takes on Dealer Definitions
14.2.2024
The U.S. Securities and Exchange Commission published a new definition for securities dealers, capturing crypto
United States Lawmakers Introduce Bills to Exclude CBDCs from the Definition of Money
17.1.2024
United States lawmakers have proposed bills in four states to block possible definitions of a Central Bank Digital Currency (CBDC) as money. The bills were introduced in South Carolina, South Dakota, Tennessee, and Utah as anti-CBDC legislators seek to prevent the use of CBDC tokens in those...
New York Offers New Virtual Currency Guidance
22.12.2023
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business model considerations for virtual currency entities...
US Lawmakers Write to Treasury Department Seeking Amendment On Proposed Crypto Tax Rules
16.11.2023
Source: Pixabay A group of United States lawmakers have led an effort for a change in the proposed cryptocurrency tax regime announced by the Treasury Department. The group addressed a letter to the Department on Nov 15 urging the body to change its approach to regulating the sector specifically...
House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions
2.6.2023
Republican lawmakers teamed up in the US House Financial Services Committee and the House Agriculture Committee on a discussion draft to regulate digital assets.
The legislation, released on Friday, seeks clarity on when a digital asset would be considered a security and thereby regulated by...
Russian Parliament Votes on Bill Opening Door for Digital Ruble
18.3.2023
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian...
ISDA releases standard definitions for digital asset derivatives
26.1.2023
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets
We could use crypto regulation after FTX — but let's start with basic definitions
1.12.2022
Congress should start by addressing what cryptocurrencies are securities and what are commodities
IRS Updates Crypto-Related Instructions for 2022 Tax Filing
25.10.2022
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...
Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition
25.7.2022
After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate the U.S. is in a recession. This is despite...
Paraguayan Senate Approves Cryptocurrency Bill
18.7.2022
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in...
Chamber of Representatives in Paraguay Advances Crypto Bill
27.5.2022
Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of Representatives in the country. The bill, which contains definitions and rules for cryptocurrency mining, one of the hot topics in Paraguay due to the cheap...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
1.5.2022
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President...
WDRL — Edition 292: Alt emotions, holding together in tough times, sticky definitions, and in-page filter
11.11.2021
Hey,
thanks for all the feedback that reached me last time, it was awesome to read that so many people support me even when my schedule of writing isn’t regular. Now that I had a thought on how to continue with WDRL I realised that this project won’t be sold, won’t be transferred to someone else...
Bitcoin greenwashing? Lawmakers want clearer definitions of green energy
23.4.2021
U.K. legislators want clearer definitions applied to green energy usage to combat the rise of financial “greenwashing.”
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
16.10.2020
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital...
What Is a Cryptocurrency? We Need Clearer Definitions
31.12.2019
In the wake of Libra and CBDCs, we need better definitions for what is and isn't a cryptocurrency
New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments
9.12.2019
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight...
Decryptionary Helps New Investors Understand Crypto Terms
11.5.2019
Rising cryptocurrency markets may once again arouse the interest of new investors. The crypto space has its specifics and it takes some effort to acquaint oneself with the terminology. Decryptionary has been created to impart the basic information you need to start understanding Bitcoin better....
Build Light-Weight REST and Realtime Apps with FeathersJS
13.3.2019
In the barest of definitions, Feathers is a simple minimalistic realtime framework for web applications built over Express. What this means is that with Feathers, you can keep using middlewares but