Political and Law news

Jan 28, 2019 at 10:47
The UK FCA Consults on Cryptoasset Regulations, Publishes New Crypto Guidance
The Financial Conduct Authority (FCA), an autonomous financial watchdog in the U.K, has started consulting on guidance related to virtual currencies, as per a Wednesday, January 23, official release.
Jan 26, 2019 at 10:43
Blockchain Tech & Smart Contracts Regulation is Underway in Italy
The first go-ahead for blockchain technology regulation in Italy, and smart contracts amendments to the Simplification Decree, finally happened on January 24. The proclamation was officially released in the Senate & the Italian Parliament on Wednesday, according to the Italian newspaper Sole24ore.
Jan 24, 2019 at 10:03
Russia to Release a Draft Law Allowing Entities to Use Crypto for any Transaction
To find a way to outplay sanctions and enhance adoption of digital currency, Russia’s authorities are considering a new draft law which will allow certain businesses and entities to perform payments with the help of cryptos such as Bitcoin and Ethereum.
Jan 23, 2019 at 13:29
Two Dutch Financial Authorities are Pushing For a National Licensing System for Cryptoasset Exchanges
The Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), the country’s central bank, are industriously thrusting ahead for a national licensing scheme for digital currencies.
Jan 23, 2019 at 10:21
Earnings From Bitcoin are Now Subject to Income Tax in Romania
Law 30/2019 amending the Fiscal Code became active on Sunday January 20, 2019 and introduces freshness to the system of Romania, viz. classifying the profits accumulated from Bitcoin (BTC), the flagship crypto and other cryptoassets as financial gain accruing over a given period of time from other sources.
Jan 17, 2019 at 12:27
New Zealand: Over 40 Users Demand Refund from Hacked Cryptopia Exchange
After the heavy loss from the hacked Cryptopia cryptoasset exchange, around 40 individuals have come out to reclaim their funds, according to Radionz, a New Zealand-based news outlet. Cryptopia is the first crypto exchange platform to endure hack crises in this very year. After the distinct event, police have started looking into the matter and the total amount of money that has been stolen.
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).
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