Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto

argentinian senateThe Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay the $45 billion debt that Argentina has with the […]

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US Senators Working on Broad-Based Crypto Regulation

US Senators Working on Comprehensive 'Broad-Based' Crypto LegislationTwo U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators to Introduce Comprehensive Framework to Regulate Crypto Industry U.S. Senators Kirsten Gillibrand (D-N.Y.) and […]

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Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin Cash

Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin CashOn Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital of the Caribbean,” as long as his country continues to embrace blockchain […]

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Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’

Indian Government Consulting With Central Bank RBI on Crypto — 'There Is Complete Harmony'The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies Internally Indian Finance Minister Nirmala Sitharaman revealed Monday that the government is […]

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Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC

Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTCThe Twitter account of Indian Prime Minister Narendra Modi was comprised and a tweet was posted claiming that the government of India has adopted bitcoin as legal tender and purchased 500 coins to distribute to all residents in the country. This hack came at a critical time in India as the government is actively working […]

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Indian Prime Minister Modi Tells President Biden’s Summit: Cryptocurrency Should Be Used to Empower Democracy

Indian Prime Minister Modi Tells President Biden's Summit: Cryptocurrency Should Be Used to Empower DemocracyIndia’s Prime Minister Narendra Modi talked about cryptocurrency at a recent Summit for Democracy hosted by U.S. President Joe Biden. He called for global collaboration on cryptocurrencies “so that they are used to empower democracy, not to undermine it.” Prime Minister Narendra Modi Talks About Crypto at President Joe Biden’s Summit for Democracy President Joe […]

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India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: ReportThe Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform know-your-customer (KYC) process for all crypto exchanges. Proposed Rules in […]

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Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India

Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of IndiaEver since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It Indian crypto […]

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India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

Indian Cryptocurrency Legislation Will Be 'Distinct and Unique,' Says LawmakerThe chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.” Lawmaker Provides an Update on Crypto Legislation Jayant Sinha, a lawmaker of the ruling Bharatiya […]

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Tesla CEO Elon Musk Opposes ‘Hasty’ Cryptocurrency Regulation

Tesla CEO Elon Musk Opposes 'Hasty' Cryptocurrency RegulationTesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian Armstrong that the U.S. government should not pick winners or losers in cryptocurrency innovation. Elon Musk and Coinbase CEO Agree on Crypto Regulation Tesla CEO Elon Musk has chimed in on the heated discussion of […]

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