Political and Law news

Political attitude and new laws about using cryptocurrency and Blockchain technology

Jan 16, 2019 at 10:56
Denmark’s Tax Authorities to Gather Data about Crypto Traders, Clamps Down on Digital Asset Traders
The Danish Tax Agency, Skattestyrelsen, announced on January 14 via their website, that it will be gathering trader data from 3 digital currency exchanges including localbitcoins to guarantee that clients are fully paying the right taxes. Data about foreign citizens, companies and organizations will be shared with other nations.
Jan 15, 2019 at 17:09
Malaysia to Launch Rough New ICO & Crypto Laws, Acknowledges Cryptoassets as Securities
The government of Malaysia will regulate initial coin offerings (ICOs) and cryptoasset trading, according to what the minister of finance said on January 14.
Jan 15, 2019 at 16:26
China Denotes New Regulations for Blockchain Firms, Comes into Force on Feb 15
China has launched new regulations designed to promote the ‘healthy development’ of distributed ledger technology (DLT). The CAC denoted new regulations on Thursday, January 10, 2018. Nevertheless, the new law also gives the right to the Cyberspace Administration of China (CAC) to superintend node operators and to request private information (info).
Jan 15, 2019 at 13:19
Global Crypto Community Demands Crypto Regulation in 2019
The cryptocurrency industry is growing at terrible speed across the world and this has forced investors, the public and executives to yearn for stronger and clearer regulations. In 2017 we saw the “Bitcoin (BTC) Bubble” with soaring prices and much care, focus, and attention directed towards digital currencies.
Jan 14, 2019 at 15:18
Italian Parliament to Amend Blockchain Technology Laws
Zero paper is required in the digital exercise and blockchain technology legal validity of smart contracts in the suggested amendments that were officially presented to the Senate. €750,000 allocated for startups. The M5S group presented two important amendments to the “simplification” law decree, that is now under a thorough examination by the Constitutional Affairs & Public Works commissions of the Senate.
Jan 14, 2019 at 13:43
Venezuela Seeks Intervention by World Trade Organization Regarding U.S Sanctions on Petro
Venezuela officially launched a complaint with the World Trade Organisation (WTO) on Tuesday, January 8, 2019, arguing that the current United States (U.S) sanctions on the nation violate a series of WTO rules and regulations.
Jan 14, 2019 at 11:56
Reserve Bank of India Forces Customers to Abandon Dealing with Cryptoassets
The Reserve Bank of India (RBI) is allegedly forcing the clients of the commercial banking institutions to completely abandon cryptocurrencies including bitcoin (BTC) and stop operating any kind of business activity related to cryptoassets. In case the client wants to set up a new bank account in any commercial banking institution in the country, he or she is forced to sign documents which in this case read that they shan’t deal in any digital currency transactions from their bank accounts.
Jan 11, 2019 at 10:12
Cryptos Face Comprehensive EU Regulation, Regulators Plan to Set New Financial Rules
Fresh EU rules may be required to strongly safeguard users from cryptocurrency risks, stop money laundering and prevent diverging national regulations from forming unjust contention, European Union regulators revealed on January 9, 2019.
Jan 06, 2019 at 15:40
India: RBI Postpones Plan to Establish National Crypto ‘CBDC’
The Reserve Bank of India (RBI) has postponed its plan to roll out a national crypto, as reported by Business Line, a local news outlet on Tuesday, January 1, 2019.
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