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The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain. Go to Source Powered by WPeMatico
The exchange registered its first PAC in July 2018 but closed it the following year after reporting it had received no funds or made any disbursements. Go to Source Powered by WPeMatico
“Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood,” said Rostin Behnam. Go to Source Powered by WPeMatico
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian Authorities Move to Legalize Crypto Economy The Russian government “has determined the … Read more
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles to Enter State Coffers as Crypto Taxes, Russian Analysts … Read more
Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success. Go to Source Powered by WPeMatico
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression. Go to Source Powered by WPeMatico
Bitcoin adoption has been on the rise in Venezuela in recent years amid hyperinflation and the national currency crisis. Go to Source Powered by WPeMatico
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulation over the prohibition of cryptocurrencies and related activities. Government Inclined to Legalize Rather Than Ban Cryptocurrency in … Read more
A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols. Go to Source Powered by WPeMatico
