Cryptocurrency Analysis and News Portal
Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.On Monday, Georgia Representatives Don Parsons, Todd Jones, Katie Dempsey, Heath Clark, and Kasey Carpenter introduced HB 1342, a bill which has yet to be titled. The
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Ukraine’s parliament, the Verkhovna Rada, has approved some significant amendments in the country’s major cryptocurrency-related legislation known as the bill “On Virtual Assets.”The Ukrainian Rada passed the legislation in the second reading during a plenary session on Thursday, with 272 out of 365 deputies supporting the bill.The deputies specifically approved
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John Edwards, UK Information Commissioner, said: “The moves being made in California to follow in the footsteps of the ICO’s Children’s code speaks to the influence and leadership the UK has in the digital economy. “A Californian law would further
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A bipartisan group of senators introduced legislation in the U.S. Senate which seeks to mitigate perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency.The proposed Accountability for Cryptocurrency in El Salvador Act (ACES) aims to “mitigate potential risks to the U.S. financial system” such as money
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Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control.The introduction on Feb. 15 comes just a day after the Canadian government invoked the Emergencies Act, giving it the power to
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Congressman Warren Davidson (R-OH), a member of the Blockchain Caucus, introduced the bill. Original Source
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House Financial Services Committee member and New Jersey Representative Josh Gottheimer has introduced legislation that would have the Federal Deposit Insurance Corporation back stablecoins in a manner similar to fiat deposits.In a draft of the Stablecoin Innovation and Protection Act of 2022 released on Tuesday, Gottheimer proposed labeling stablecoins issued
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U.S Representative Josh Gottheimer (D-NJ) has introduced a bill that would establish government-backed insurance for stablecoins, according to a report by Politico. Original Source
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“It’s an issue that a lot of people - a lot of my colleagues - don’t understand," Powell said about crypto in general. "But at the end of the day, it’s a conversation I’m going to continue. Hopefully we can get it passed, but if not, we’ll continue the conversation
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The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief
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