South Korean Lawmakers Draft Bill to Legalize Some Initial Coin Offerings

South Korean Lawmakers Draft Bill to Legalize Some Initial Coin OfferingsA group of South Korean lawmakers is working on a bill to legalize initial coin offerings (ICOs), providing they meet certain conditions under the supervision of the government. Meanwhile, the current ICO ban in the country has driven many domestic corporations to raise capital overseas. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bill […]

The post South Korean Lawmakers Draft Bill to Legalize Some Initial Coin Offerings appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Venezuela Approves Decree on the Use of Cryptocurrencies

Venezuela Approves Decree on the Use of CryptocurrenciesVenezuela’s National Constituent Assembly has approved the decree on the use of cryptocurrencies and the country’s new “oil-backed” currency, after repeatedly declaring the Petro illegal. The new currency began its initial coin offering last month as the Venezuelan president continues to strongly push its use. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

The post Venezuela Approves Decree on the Use of Cryptocurrencies appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Law to Legalize Crypto Mining Introduced in Armenia

Law to Legalize Crypto Mining Introduced in ArmeniaArmenia may soon follow in the footsteps of countries like Belarus in regards to crypto regulation. Newly proposed legislation provides the basis for legalizing and regulating cryptocurrency mining in the country. Tax exemptions and other incentives will be offered to miners. If the draft law is adopted, businesses will be able to operate mining facilities […]

The post Law to Legalize Crypto Mining Introduced in Armenia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in MarchThe decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Cryptocurrencies Soon […]

The post Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico