A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT.
“It’s my ambition to make the UK a global hub
Founder of Block (formerly Square) Jack Dorsey spoke to the Democrats of the House Financial Services Committee on March 31st, 2022 in order to address some of their concerns about Bitcoin and cryptocurrencies.
Topics that attendees brought up with Dorsey include:
* Energy consumption - Dorsey covered the various ways that
Former Chief Strategy Officer of Blockstream Samson Mow left the company back in March to pursue “nation state Bitcoin adoption”. He has now started a new company called Jan3 (named after the date that Bitcoin’s Genesis block was mined) that will focus on layer two technologies like Liquid and
Former Chief Strategy Officer of Blockstream Samson Mow left the company back in March to pursue “nation state Bitcoin adoption”. He has now started a new company called Jan3 (named after the date that Bitcoin’s Genesis block was mined) that will focus on layer two technologies like Liquid and
A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT.
“It’s my ambition to make the UK a global hub
Founder of Block (formerly Square) Jack Dorsey spoke to the Democrats of the House Financial Services Committee on March 31st, 2022 in order to address some of their concerns about Bitcoin and cryptocurrencies.
Topics that attendees brought up with Dorsey include:
* Energy consumption - Dorsey covered the various ways that
Starting on May 1st, Indonesia has plans to charge a value-added tax (VAT) on crypto transactions and capital gains taxes on income. The VAT rate is currently below 11% on most Indonesian goods and services, and capital gains are expected to be 0.1%, which is also the capital gains
On March 31st, 2022 President Putin signed a decree that requires foreign buyers to pay for Russia’s oil and gas with rubles. This decree takes effect on Friday April 1st and any contracts that are not paid in rubles will be halted.
Putin added that all oil and gas
The European Parliament voted in favor of an anti-money laundering legislation which requires every crypto transfer be reported to authorities. The legislation cites the use of “unhosted wallets” as potential avenues for money laundering.
The report states that the EU’s Transfer of Funds Regulation (TFR) is looking to regulate
On March 23, the Deputy Prime Minister of Vietnam, Le Minh Khai, sent the Ministry of Finance a request asking to create a legal framework for digital assets and to begin to make amendments to current laws, as necessary.
Vietnam Net Global reports the request was made in support of
GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology
