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Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still … Read more
Russian draft bill on “digital financial assets” reportedly includes tokenizing equity for privately held companies, while core terms such as “mining” are ignored Go to Source Powered by WPeMatico
The Financial Action Task Force has introduced changes to its anti-money laundering and terrorism financing rules covering digital currency-related firms Go to Source Powered by WPeMatico
The Bermudian government has licensed the first ICO in the country under a new regulatory regime introduced by the premier in July Go to Source Powered by WPeMatico
Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report. Also Read: Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ Report Advocates ‘Vigilant Monitoring’ In a … Read more
Maltese regulators will assist the government of Vanuatu in forming its own regulatory framework for the blockchain and crypto industries Go to Source Powered by WPeMatico
Earlier this week news.Bitcoin.com received an email from an e-commerce shop owner who was having lots of issues dealing with traditional payment providers. Many of the problems stemmed from him not having a formal address and having bank accounts in different countries. However, the owner of store Bohemianbeachstyle.com quickly found out about Coinbase Commerce and … Read more
U.S. representatives have introduced the “Blockchain Promotional Act,” which aims to find a common definition of blockchain tech via an expert working group Go to Source Powered by WPeMatico
Draconian legislation in a series of supposedly liberal democracies is encroaching on the rights of travelers. New Zealand is the latest nation to pass laws granting customs agents unprecedented investigatory powers including the right to force travelers to disclose their passwords or face a $5,000 fine. The news has understandably been greeted with alarm by … Read more
The Nanjing Arbitration Committee in China’s eastern Jiangsu province is testing a new blockchain platform designed to store and process data for legal disputes Go to Source Powered by WPeMatico
