Singapore has been long known for its forward thinking finance practices and has created an environment in which many crypto funds and companies have chosen to operate in. The Monetary Authority of Singapore (MAS) will release new regulation next month in an attempt to prevent future egregiously irresponsible crypto dealings
As the Central African Republic (CAR) continues to work toward improving its economic status, the country has recently announced plans to utilize Bitcoin (BTC) as a reserve asset. The nation was the first on the African continent to approve Bitcoin as legal tender alongside the Central African CFA franc earlier
On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.
Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing
On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.
Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing
Singapore has been long known for its forward thinking finance practices and has created an environment in which many crypto funds and companies have chosen to operate in. The Monetary Authority of Singapore (MAS) will release new regulation next month in an attempt to prevent future egregiously irresponsible crypto dealings
As the Central African Republic (CAR) continues to work toward improving its economic status, the country has recently announced plans to utilize Bitcoin (BTC) as a reserve asset. The nation was the first on the African continent to approve Bitcoin as legal tender alongside the Central African CFA franc earlier
The Bitcoin Policy Institute (BPI) submitted a formal letter to the US Department of Commerce on July 4th. The letter was in response to a request for comments from the public on Bitcoin, cryptocurrencies, and digital assets within the United States.
The 26-page document was written by David Zell in
U.S. officials who are invested in Bitcoin and other cryptocurrencies are now disqualified from working on Bitcoin or cryptocurrency policies and regulations in order to avoid affecting the value of the assets they hold.
A new legal advisory notice was issued by the U.S. Office of Government Ethics
According to Samson Mow, CEO of JAN3, a report released last month by Trail of Bits, a security firm based in New York City, contains a number of flaws and false assumptions about Bitcoin. The report named “Are Blockchains Decentralised? Unintended Centralities in Distributed Ledgers” looks at topics such as
Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.”
The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”
The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that
