A Tennessee representative proposes a new bill urging the study of blockchain to remove regulatory roadblocks
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U.S Rep. Submits Bill Urging Tennessee to Study Blockchain
Category: bills
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Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. Also read: With New Regulations, Europe’s Crypto Companies May Be Running […]
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Oklahoma Senator Working on Bill for State-Backed Blockchain Institution
Pending submission, a new Oklahoma bill includes an effort by the state to provide support for blockchain and crypto tech
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Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization
Authors of New York’s new digital payments system Inclusive Value Ledger claim that the initiative is still open for implementing blockchain technology
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Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property
A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by […]
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Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal […]
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China’s Zhejiang Processes $6M via DLT Medical Billing Platform
China’s Zhejiang province processed about $6 million through its blockchain medical billing system using Ant Financial’s blockchain tech
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More Nations Join the Club of Crypto-Friendly Jurisdictions
Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky Executives View Regulations as the Biggest Threat Government […]
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Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky
The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the Ukrainian […]
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EU Members Adopt Tougher Crypto Rules Than AML Directive Requires
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive (AMLD5) […]
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