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UK government rejects lawmakers call to treat crypto like gambling
20.7.2023
The government added that they are already working on regulating the crypto market and a proposed regulatory legislation was laid before parliament and debated last month
Republican Lawmakers Accuse SEC Chair Gensler of Manipulating News Cycle to Hinder Crypto Legislation
20.7.2023
Senior Republican members of the US House of Representatives expressed their concern about the US Securities Exchange Commission’s approach to crypto regulation in a letter to the financial regulator’s chair Gary Gensler.
Representatives French Hill of Arkansas and Dusty Johnson of South Dakota...
US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto
19.7.2023
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity"
GOP Lawmakers Suggest Gensler's SEC Is Gaming News Cycle to Thwart Crypto Legislation
19.7.2023
Recent actions by the regulator seem to have been timed to coincide with Congressional grandstanding, Reps. French Hill and Dusty Johnson wrote
US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling
19.7.2023
U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate and regulate not by clear rule or guidance but...
Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report
18.7.2023
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...
UK bill on online safety should apply in the Metaverse, say lawmakers
13.7.2023
Several members of the House of Lords voiced concerns around children's online activities in legislation aimed at regulating “anything communicated by means of an internet service”
UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
13.7.2023
The bill, nearing approval, has measures to prevent children from experiencing harm online
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...
US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum
10.7.2023
Republican members of Congress stepped up their allegations of Prometheum's ties to the Chinese Community Party, claiming potentially false or misleading statements to the SEC
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
5.7.2023
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset
Brazilian Lawmakers Want to Hear from Binance, Bitso & OKX as MPs Target Crypto Scams
5.7.2023
Brazilian lawmakers have summoned the heads of major crypto exchanges to parliament, with representatives of the trading platforms Binance, Bitso, and OKX all set to attend.
Per the Brazilian media outlet Livecoins, a special parliamentary commission for “cryptocurrency-based financial pyramid...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
Canadian Lawmakers Call for National Blockchain Strategy
30.6.2023
Canada appears ready to take a strong step toward blockchain adoption, with an influential group of lawmakers requesting that the government comes up with a national blockchain strategy.
Like the US, Canada lacks regulatory clarity in the crypto/blockchain market, which is putting the country...
Canadian Lawmakers Call for National Blockchain, Crypto Strategy
29.6.2023
The government should recognize blockchain as an emerging industry with "significant" long-term economic and job creation opportunities, a lawmaker committee on industry and tech said
Landmark Report: Canadian Lawmakers Advocate for Comprehensive Blockchain Strategy
29.6.2023
Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation.
In September last year, the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU)...
Fed Chair Powell Signals More Rate Hikes This Year as Taming Inflation Has ‘Long Way to Go’
21.6.2023
Federal Reserve Chairman Jerome Powell has signaled more interest rate hikes this year. “Given how far we’ve come, it may make sense to move rates higher but to do so at a more moderate pace,” the Fed chair told U.S. lawmakers. “Inflation pressures continue to run high, and the process of getting...
US lawmakers propose bills to hold bank execs accountable for failures and address risks
21.6.2023
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank
Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears
21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...