Political and Law news

Political attitude and new laws about using cryptocurrency and Blockchain technology

Dec 12, 2018 at 13:08
Indian Government Panel Proposes Deeming Virtual Currency Dealings Illicit & Illegal
Putting conjecture on cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) to an end, a government panel has proposed formulating a new strong law that will regulate that field, according to sources familiar with the matter. The panel revealed that all those currencies must be deemed ‘illegal,’ CNBC TV18 reported on Friday, December 7, 2018.
Dec 11, 2018 at 17:20
Japan is Reconsidering its Regulations to Reduce Cryptocurrency Taxation
Digital currency trading volumes have substantially decreased following the drop in Bitcoin price. Given such a situation on the market, a Japanese lawmaker has suggested adding several amendments to the country’s policy related to crypto activity.
Dec 04, 2018 at 13:23
Estonia Hardens Crypto Industry by Adding New Amendments to Regulations
The Finance Ministry of Estonia will soon add amendments to a financial bill which was recently passed, purposely meant to "harden" cryptocurrency-related regulation, according to a report by Äripäev, an Estonian financial newspaper.
Nov 30, 2018 at 16:01
Crypto Regulations in Belarus: Documents Set Rights and Responsibilities
On the last day of autumn, November 30, Belarus announced legal regulations for crypto-related businesses. All companies that are residents of the Belarus High Technology Park have received the regulator’s support.
Nov 28, 2018 at 15:08
Nasdaq to Roll Out Bitcoin Futures Despite Crypto Bear Market
Nasdaq Inc. is progressing with a plan of listing Bitcoin (BTC) futures, according to two people acquainted with the matter, betting on continuous interest despite crypto's dramatic fall over the past 12 months.
Nov 28, 2018 at 09:40
South Africa's Draft Tax Law Would Deter Crypto Use
Are Reserve Banks and Treasuries dodging the inclination of digital currencies? Crypto has gathered great momentum in the last few years and has now become a perilous, but very profitable, investment or trading alternative. South Africa has been delaying the regulation of cryptos and for a long time, their use has been totally unregulated.
Nov 27, 2018 at 16:17
Ohio Ready to Accept Bitcoin for Tax Bills
The 'Buckeye State' is ready to be the first State in the country to accept crypto, specifically Bitcoin (BTC), for payment of tax bills, according to The Wall Street Journal report on November 26. This comes after BTC and other major cryptos have depreciated value over the past week. On Monday, November 26, 2018, BTC was trading below $4,000, down over 80% since the December 2017 all-time-high of around $20,000.
Nov 27, 2018 at 13:25
Norway Removes Electricity Tax Subsidy for Crypto Miners
The government of Norway has removed a tax subsidy on electricity currently given to Bitcoin (BTC) miners.
Nov 26, 2018 at 15:53
Singapore Declares Funding for DLT Innovation & Adoption
The government of Singapore has continued to give support in the form of financial incentives to Blockchain technology innovation in the country with several investments. The total amount of funding is not yet officially uncovered.
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