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Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
20.5.2022
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
20.5.2022
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government...
Panama President Considers Vetoing Crypto Regulation Legislation
19.5.2022
The bill was approved during a plenary session of the Legislative Assembly by a 40-0 vote on April 28
Trade Minister Expects Russia to Legalize Cryptocurrency
19.5.2022
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister...
Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto
14.5.2022
The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay...
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...
Georgia to Unveil New Cryptocurrency Law by This Fall
6.5.2022
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....
Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it
3.5.2022
The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency
Hawaii Senate committees favor task force to regulate crypto, blockchain
3.5.2022
The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors
Bill Regulating Crypto Mining Submitted to Russian Parliament
30.4.2022
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers...
Russian security agency wants exchanges to share data with crime investigators
28.4.2022
The measure comes along with a proposed ban on advertising of non-licensed crypto services
Binance.US leaves Blockchain Association to form own DC government affairs team
21.4.2022
The U.S. affiliate of the world’s largest crypto exchange says it’s time for its own voice, and major lobbyist Blockchain Association wished them well
Republic of Ireland to Prohibit Political Cryptocurrency Donations
20.4.2022
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the...
Zcash May Correct Due to New Eu Legislation: Should You Buy ZEC Now?
19.4.2022
Zcash is a popular cryptocurrency, but it will face a drop due to new EU legislation. It is a cryptocurrency that offers strong privacy features to its users. Moreover, its structure is very similar to Bitcoin, with just 21 million coins available for circulation. ZEC is trading below 30% of...
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
17.4.2022
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian...
Brazilian Senate announces incoming approval of the ‘Bitcoin law’
13.4.2022
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market
National Bank of Georgia to Regulate Country’s Crypto Sector
8.4.2022
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related...
Georgian central bank prepares legislation to regulate the crypto market
5.4.2022
The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly
US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption
5.4.2022
The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
2.4.2022
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information...