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Three US Senators propose narrowing crypto tax language in infrastructure bill
4.8.2021
“While Congress works to better understand and legislate on issues surrounding the development and transaction of cryptocurrencies, it should be wary of imposing burdensome regulations that may stifle innovation,” said Senator Pat Toomey
Russia grants $200K to build tool for tracing crypto transactions
4.8.2021
A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract
New Spanish bill aims to enable mortgage payments in crypto
4.8.2021
The draft bill intends to allow property owners to pay mortgages with crypto and authorize the real estate sector to use their own crypto for mortgage purchases in Spain
Saudi Aramco dismisses 'false and inaccurate' rumors on Bitcoin mining
2.8.2021
Saudi's biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses
South Korean regulator to reportedly shut down 11 crypto exchanges
2.8.2021
Sources claim that several mid-sized crypto exchanges in South Korea would not be able to get approval from the FSC
Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian
2.8.2021
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation.” Western Governments Urged to Stop...
Ukraine central bank now officially allowed to issue digital currency
30.7.2021
Ukraine’s newly-signed law titled “On Payment Services” requires close cooperation between the National Bank of Ukraine and private startups in the payment market
New bill proposes US Treasury to have full authority over fiat stablecoins
30.7.2021
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar
Israeli gov't seeks to track crypto holdings above $61K
29.7.2021
Framed as a "war against black capital," Israel's Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
29.7.2021
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets
Paypal Plans to Study Transactions That Fund Extremism, Anti-Government Groups
28.7.2021
The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate groups and extremism. Paypal to Study...
Digital currency may be an answer to help the unbanked, Sen. Warren says
28.7.2021
Democratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks
CBDCs ‘concocted in hell by Satan himself’ says ASI president Rich Checkan
28.7.2021
Rich Checkan described CBDCs as the spawn of Satan, and thinks that Bitcoin is still a speculative asset and not a currency alternative yet
Kazakhstan to reportedly allow banks to process crypto purchases
27.7.2021
A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally
India to use Ethereum blockchain to verify diploma certificates
27.7.2021
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education
Blockchain Australia calls the state for crypto safe harbor
26.7.2021
The Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued
SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
23.7.2021
“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
23.7.2021
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by...
Reserve Bank of India mulls first steps toward an eventual CBDC
22.7.2021
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo
Get a passport, pay crypto, live tax-free?
22.7.2021
Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution