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New draft regulatory framework for crowdfunding represents an “opportunity” for “ICOs that want to prove their legitimacy,” says EU lawmaker Go to Source Powered by WPeMatico
The Satoshi Revolution: A Revolution of Rising Expectations. Section 4: State Versus Society Chapter 9, Part 6 Government is a law factory. It passes laws in the same manner that another type of factory extrudes metal molding…But, whereas a factory which extrudes metal molding is providing a product which is useful to the citizens generally, … Read more
A draft law prepared by deputies and representatives of the industry aims to introduce light taxation of crypto incomes in Ukraine. Businesses and individuals will be required to pay 5% on their profits from trading and mining cryptocurrencies when exchanged to fiat. Add to that the mandatory ‘military charge’ of 1.5% all Ukrainians owe the … Read more
Governor John Kasich from the Midwestern state of Ohio signed a bill this week that formally recognizes data recorded on a blockchain and electronic signatures as having legal bearing in a court of law. The state joins Vermont and Arizona, two states that have already passed laws that recognize blockchain-based transactions. Also read: Philippines Building Crypto … Read more
US Drug Enforcement Agency confirms major use of crypto is speculative trading, not crime Go to Source Powered by WPeMatico
Nobel Prize winning economist thinks that the crypto markets could easily “collapse,” Kim Kardashian gets in Bitcoin with some light gambling–check out this week’s Hodler’s Digest Go to Source Powered by WPeMatico
In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets, UK-based wealth managers have called for the FCA to take a strong stance regarding cryptocurrencies, and the deputy governor of Bank of Israel has predicted that cryptocurrencies will contribute to … Read more
The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses in an era of blockchain smart contracts Go to Source Powered by WPeMatico
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 4 Does Your Money Serve the State or You? The State, in short, subjects people, whereas Society associates them voluntarily. – Felix Morley Two simple litmus tests determine whether money serves the state (organized force) or whether it serves … Read more
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 3 The Free Market Can Provide Law Crypto is the Wild West, and there ought to be a law. I agree. But agreement is the beginning of a vigorous dispute. It comes down to the question of “what is … Read more
