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‘$2.6 Trillion’ Stimulus Bill With Second Direct Payments to Americans Ready for Voting
1.10.2020
US lawmakers are intensely discussing a new stimulus package that could cost between $2.2 trillion and $2.6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin heat up over the content of the bill. New Stimulus Bill: Final...
Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law
26.9.2020
Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale...
Digital Commodity Exchange Act of 2020: US Lawmakers Propose Single National Crypto Framework
25.9.2020
Lawmakers in the U.S. have introduced the Digital Commodity Exchange Act of 2020 to create a single, national regulatory framework for cryptocurrency trading platforms, including those that trade bitcoin, ether, their forks, and other cryptocurrencies. On the same day, the Securities Clarity...
German Lawmakers Vote ‘Nein’ on Blockchain for Transparency on Megaprojects
18.9.2020
The bill sought to renew Germans' trust in their government's ability to keep megaproject spending under control
US Lawmakers Advocate for Blockchain Use in COVID Relief Efforts
3.9.2020
Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19
US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed
4.8.2020
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-state networks are taxed, to prevent taxpayers from owing more than they should
Bitcoin Trading Is Booming in Uncertain Russia, With 350% Spike in New Users on Paxful
31.7.2020
Bitcoin trading is growing in Russia. That’s despite attempts by the government to make it difficult for investors to do so. For years, Russian lawmakers have blown hot and cold over cryptocurrency regulation, creating an atmosphere that has often left the entire digital asset industry in...
New Coronavirus Relief Package Proposed With Second Round of Stimulus Checks for Americans
25.7.2020
Republicans have proposed a new coronavirus relief package with a second round of stimulus check payments, a draft summary of the proposal confirms. According to Treasury Secretary Steven Mnuchin, the new package will be the “exact same proposal as last time.” New Covid-19 Relief...
Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
24.7.2020
Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money
23.7.2020
The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension...
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
22.7.2020
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method
In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin
16.7.2020
Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies
US Senators Introduce ‘Lawful Access to Encrypted Data Act’ — With Backdoor Mandate
25.6.2020
US lawmakers have introduced the Lawful Access to Encrypted Data Act to ensure law enforcement can access encrypted information. This bill is “a full-frontal nuclear assault on encryption in the United States,” one expert says. It requires manufacturers of encrypted devices...
Infosec Exec Urges US Lawmakers to Tighten Crypto Regs Over Pandemic-Driven Scams
18.6.2020
Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic
India’s Rumored Crypto Ban May Be Overblown, Say Industry Pros
15.6.2020
Talk that India might be considering a new ban on crypto may be premature, exchange founders and startup CEOs working in the sector believe
Putin Urges Lawmakers to Hurry up Blockchain, Crypto Sandbox Progress
12.6.2020
Russian President Vladimir Putin wants his cabinet speed up the rollout of crypto and blockchain regulatory sandboxes to stave off economic recession – even if lawmakers continue to drag their feet over crypto legislation.
As reported, an industry insiders told Cryptonews.com that Russia’s latest...
WATCH: US Lawmakers Will Talk Digital Dollar, FedAccounts in Thursday Hearing
11.6.2020
The “digital dollar” concept will take the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
3.6.2020
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On...
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...