Political and Law news

Jan 06, 2019 at 09:51
Irish Government Finally Approves AML Bill Touching Cryptoasset
The executive body of the Irish Government – the Cabinet, officially approved a bill giving effect to the EU Fifth Anti-Money Laundering (AML) Directive, according to a Thursday, January 3, 2019 report by the Irish Times.
Jan 05, 2019 at 13:48
New York to Establish the First U.S Crypto Task Force, Aims to Study the Industry
Governor Andrew Cuomo officially signed a bill on Friday, December 21, 2018, to institute a ‘Cryptocurrency Task Force’ for New York, according to a January 3, 2019, Facebook post by Clyde Vanel, an Assembly Member.
Jan 05, 2019 at 09:36
FCA: UK Regulator Inquires 67 Cryptoasset Firms
The U.K disclosed that it has rolled out a total of 67 different inquiries into cryptoasset firms, out of which 49 were successfully closed and 18 are still ongoing. To boot, the U.K government has ratified that it is poised for action to offer more aid to the Financial Conduct Authority (FCA) to assist regulate the cryptocurrency sector.
Dec 30, 2018 at 12:39
Central Bank of Russia Supports Efforts to Block Crypto Websites
The deputy governor of the central bank of Russia, Sergei Shvetsov, revealed that his financial institution will underprop endeavours to block and stop access to external websites trading cryptoassets in Russia.
Dec 29, 2018 at 15:11
India Considering Crypto Legitimization Under Concrete Regulation, Plans to Lift Ban
A committee headed by Subhash Chandra Garg, the Secretary Department of Economic Affairs, responsible for giving recommendations for the regulatory framework associated with cryptoassets in India is purportedly evaluating the legitimization of the asset class under concrete regulation. There is a common consensus that digital currency can’t be disregarded as entirely illegal.
Dec 27, 2018 at 18:32
Blockchain Movement: Italy Embraces Digital Innovation Amid Unfriendly Web Tax
Italy is largely looking into future investment, innovation and technological advancement in the cryptocurrency world. Therefore, to pass the budget law that was recently approved by the Italian Senate with less effort, a good plan, program and roadmap by the government are needed as quickly as possible. The State is largely focusing on the future and wants to compete favourably among other European giant countries.
Dec 26, 2018 at 13:34
How to Deal With Cryptocurrency Taxation, Summary of the Year That Just Finished
Taxes have always been a hard matter for everyone to deal with. Many countries are devising different rules, trying to manage the fintech field. Traders from all parts of the world are facing the necessity to pay taxes from their crypto activity.
Dec 23, 2018 at 15:35
ICO Obstacles: Thai SEC Considers Loosening ICO Regulations
The Thailand (Thai) Securities & Exchange Commission (SEC) is purportedly considering whether to smoothen the country’s regulation for ICOs. The regulator is carrying out a public hearing to calm down rules on pre-sales and private crypto sales. The SEC has also uncovered plans to stop the usage of crypto sales.
Dec 23, 2018 at 10:00
Innovative Space: U.S Lawmakers File a Bill Seeking to Exempt Crypto Assets from Securities Laws
Two Congress members of the U.S. House of Representatives are now looking for ways of exempting cryptos and other digital assets from the federal standard securities laws. A bill was tabled before Congress on December 20, 2018.
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