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Donald Trump Proposes Elimination of US Income Tax, Introduction of Tariffs
14.6.2024
U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers...
Nigeria defends Binance exec prosecution amid US lawmakers' criticism
6.6.2024
The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law
US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria
6.6.2024
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential...
U.S. Lawmakers Push Biden to Bring Back Detained Binance Exec Tigran Gambaryan From Nigeria
5.6.2024
Gambaryan and another company exec, Nadeem Anjarwalla, were detained by Nigerian officials after they were invited by the country to resolve a dispute with the crypto exchange
Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules
1.6.2024
Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules in SAB 121, U.S. lawmakers in both the Senate and House of Representatives have intensified their efforts to pass the landmark crypto bill...
US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF
23.5.2024
U.S. lawmakers argued that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safe format
US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
23.5.2024
Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used for approving spot bitcoin ETFs. SEC Urged...
US lawmakers demand SEC-FINRA records on Prometheum ETH custody
22.5.2024
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters
Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’
20.5.2024
The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years.
The post Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’ appeared first on Cryptonews
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
17.5.2024
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s...
US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion
16.5.2024
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions...
Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection and Global Standards
13.5.2024
Lawmakers in Turkey are reportedly set to submit a draft law on crypto regulation to the parliament this week. The proposed regulations aim to reduce risks for people dealing with cryptocurrency.
The post Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection...
US lawmakers warn of Iranian crypto miners threatening national security
2.5.2024
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations
US lawmakers urge SEC to approve Bitcoin options trading
2.5.2024
Representatives Mike Flood and Wiley Nickel urged the SEC's chair Gary Gensler to stop discriminating against Bitcoin funds in a letter
US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards
2.5.2024
The bill aims to clarify the tax treatment of staking rewards, proposing that they should only be taxed at the time of their sale rather than upon acquisition.
The post US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards appeared first on Cryptonews
Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe
1.5.2024
The Worldcoin operator Tools for Humanity is expanding its services in Mexico, the firm announced, in spite of lawmakers’ calls for a government probe into its iris-scanning drive.
The post Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe appeared first on Cryptonews
Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether
30.4.2024
The chair of the U.S. House Financial Service Committee alluded to claims in Consensys’s recent lawsuit against the SEC, suggesting an investigation into Ether as a security
New Russian Law Will Legalize Industrial Crypto Miners, Limit Private Mining
30.4.2024
Russian lawmakers are set to legalize the nation’s industrial crypto mining sector, but could impose limits on home-based “private” miners.
The post New Russian Law Will Legalize Industrial Crypto Miners, Limit Private Mining appeared first on Cryptonews
Russian ‘Crypto Ban’ Could Come into Force by September, Lawmakers Confirm
29.4.2024
A Russian “crypto ban’ could roll out as early as September 1, top lawmakers in the country have confirmed.
The post Russian ‘Crypto Ban’ Could Come into Force by September, Lawmakers Confirm appeared first on Cryptonews
Australian lawmakers and TradFi firms haven’t adopted crypto: Coinbase APAC MD
22.4.2024
According to Coinbase’s APAC managing director, John O’Loghlen, Australia is ready for its next wave of cryptocurrency “unicorns”—startups valued at $1 billion or more—but not until there is greater regulatory certainty surrounding the industry. John O’Loghlen told...