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Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners
30.9.2019
A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry
US House Passes Bill for FinCEN to Study Blockchain Use
24.9.2019
The House of Representatives passed legislation calling for FinCEN to study its use of “innovative technologies” — including blockchain
Germany Passes National Policy to Explore Blockchain But Limit Stablecoins
18.9.2019
Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra
Ripple Hires Legal Expert Behind Token Taxonomy Act
4.9.2019
Blockchain payments tech provider Ripple has hired a former political adviser to assist its advocacy efforts with lawmakers in Washington, D.C
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes
16.8.2019
Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much...
Iran’s Cabinet Ratifies Bill Recognizing Cryptocurrencies and Mining
5.8.2019
Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Crypto Is Part of Free Speech, and Free Speech Is Everything
29.7.2019
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing...
Russia Once Again Puts Brakes on Crypto-Legislation
10.7.2019
The man charged with getting Russia’s long-awaited package of cryptocurrency and digital finance-related bills through parliament has conceded that the key piece of legislation relating to cryptocurrencies is unlikely to be ready in time for the end of the Duma’s spring session – and will instead...
Congressman Emmer Reintroduces Legislation to Provide Clarity for Taxpayers with Digital Assets Following IRS Inaction
10.7.2019
WASHINGTON, D.C. – Today, Congressman Tom Emmer (MN-06) reintroduced the Safe Harbor for Taxpayers with Forked Assets Act, which prohibits penalties against taxpayers until the IRS issues guidance on how to report gains or losses in “forked” digital assets. In 2014, the IRS issued...
Russia May Allow Crypto Trading in Upcoming Legislation: Official
24.6.2019
As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed
RegulatorsDebate Cryptocurrency Legislation Ahead of G20 Summit
19.6.2019
The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions
Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister
19.6.2019
Russian parliament will adopt the country’s major crypto bill, “On Digital Financial Assets,” in the next two weeks, according to the deputy finance minister
Privacy Is Paramount: How KYC Makes Us All Less Free
19.6.2019
KYC (Know Your Customer) policies and endless private data collection, coupled with force-backed, violent legislation compromise the utility and ethics of crypto trading. An uncompromising stance on user privacy is critically important to crypto traders and peer-to-peer transaction. It’s...
Japan Officially Approves Bill to Amend National Legislation Governing Crypto Regulation
31.5.2019
The Japanese House of Representatives has officially approved a new bill to amend national laws that govern crypto regulation
Montana Passes Bill to Exempt Utility Tokens From Securities Laws
24.5.2019
"Big Sky Country" has gone crypto friendly, with new legislation exempting utility tokens from securities laws