Home > Bill

New Jersey Bill Commissions Blockchain Task Force to Study the Technology

Governor Phil Murphy of New Jersey has signed bill S2297, the Blockchain Initiative Task Force, into law this Friday. This new legislation puts New Jersey on the clear path to more blockchain adoption and innovation. The bill commissions the Blockchain Initiative Task Force to study the potential use-cases of the

Read More

North Carolina Congressman Wants to End Double Taxation on Crypto with Proposed Tax Bill

The Virtual Value Tax Fix Act was reintroduced in the U.S. House of Representatives by North Carolina’s Rep. Ted Budd (R). The bill, which was first presented on July 25, aims to end the double taxation and record-keeping of cryptocurrency transactions by amending 1986’s Internal Revenue Code. Budd has called

Read More

Optimism Dwindles as Indian Finance Minister Evasive on Crypto Ban Bill

The crypto industry in India is still in limbo this week while politicians acknowledge the proposed ban bill but remain evasive. The shift from regulation to blanket ban has sent shock waves through the nascent industry in the world’s second most populous country.Finance Minister Responds to Crypto BillAccording to a

Read More

Australian Draft Bill Excludes Digital Currency From New Cash Payment Limit

Australia’s government has delivered supportive statements on cryptocurrency as it looks to exclude the sector from new restrictions on cash payments.In an explanatory memorandum issued late last week, the country’s Treasury said it wished to ban cash payments for goods and services which exceeded 10,000 AUD ($6,900).However, a number

Read More