After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. The move was in response to the Financial Services and Markets Bill (FSMB), whi...
Tag: Bill
2nd Bill Prohibits Oil Sales, As Beijing Becomes A Target
Topline The Republican-led House is expected to vote Wednesday on legislation that would prohibit the Biden Administration from selling oil from the Strategic Petroleum Reserve to Chinese-linked firms...
Argentine Crypto Bill Encourages Citizens to Disclose Holdings
The government of Argentina has proposed a new bill that encourages its citizens to disclose their cryptocurrency holdings with the promise of discounted tax rates. Argentines may soon be motivated to...
Mega Millions Jackpot Swells To $1.35 Billion For Friday 13th Draw—Here’s The Tax Bill If You Win
Topline No one bagged Tuesday night’s billion-dollar Mega Millions draw, the lottery operator said, sending the jackpot soaring to $1.35 billion for the next draw on Friday the 13th, one of the larges...
Republicans’ first bill makes tax fraud easier for high earners
Big hammer goes boom. Republicans set the tone for their next two years running the House of Representatives by enacting legislation that would add $114 billion to the deficit over the next decade, ac...
House of Lords members call for crypto regulation beyond upcoming financial bill
The Financial Services and Markets Bill, which sweeps parts of crypto into financial regulation, came under scrutiny in the UK Parliament, where members of the House of Lords called for greater regula...
Legendary investor Bill Miller lauds Bitcoin as ‘dramatically different’
As the cryptocurrency market starts to recover back into the green zone with Bitcoin (BTC) leading the charge, the flagship digital asset doesn’t lack vocal supporters, including the early Amazon (NAS...
Bill Gates is using these dividend stocks right now to produce a big inflation-fighting income stream — you might want to do the same in 2023
Bill Gates is using these dividend stocks right now to produce a big inflation-fighting income stream — you might want to do the same in 2023 With many experts continuing to see rocky times ahead for...
Can I Harness the Bear Market to Cut My RMDs and Tax Bill?
I am currently in a 12% tax bracket and attempting to convert as much money as I can to a Roth individual retirement account (IRA) without going into the next bracket. I am trying to do this to reduce...
Bill Ackman Criticized for Support of Helium Crypto
Hedge fund billionaire Bill Ackman is taking a lot of flak for his support of a digital currency called Helium. Many users on Twitter and other social media platforms are calling him out for his alleg...
Senator Stabenow Who Designed ‘SBF Crypto Bill’ Will not Seek Re-Election
Michigan Senator Debbie Stabenow announced she will abandon her post in January 2025. The politician was one of the creators of cryptocurrency legislation that could empower the CFTC with exclusive ju...
US senator behind efforts to pass major crypto bill won’t seek re-election
Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025. In a Jan. 5 announcement, Stabenow said she would fini...
Senator who spearheaded SBF-backed crypto bill to retire
Sen. Debbie Stabenow, D-Mich., will not seek reelection in 2024. “Inspired by a new generation of leaders, I have decided to pass the torch,” she said in an announcement, with plans to se...
Russian Federation Presents Bill on Digital Ruble to State Duma
The Russian Federation has submitted a draft bill regarding the digital ruble to the State Duma, the lower house of the Russian parliament. Russian lawmakers, led by the Chairman of the Financial Mar...
Morocco All Set With Proposed Bill on Cryptocurrency Regulations
4 hours ago | 2 mins read Bitcoin News The central bank will consult with the Moroccan Capital Markets Authority. In early 2022, the BAM had consulted the IMF and the World Bank for advice. The govern...
Draft Bill on Digital Ruble Submitted to Russian Parliament
Tradingview The members of State Duma seek to add CBDC-related terminology to the legislation. The real-world consumer transactions and testing will begin in April 2023. Draft legislation on the digit...
Bill on Digital Ruble Submitted to Russian Parliament – Finance Bitcoin News
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will ...
Italy Passes 26% Crypto Tax Bill on Earnings Above €2000
Bitcoin News Cryptocurrency dealers in the nation will feel the effects of the ruling. On Thursday the parliament passed the new amendment. Giorgia Meloni, the prime minister of Italy, has pushed thro...
What’s In The Secure 2.0 Act? What The Government Spending Bill Means For Investors And Retirement
| Getty Images Key takeaways SECURE 2.0 comes on the heels of the original SECURE Act passed three years ago, expanding retirement account types and eligibility. There are new rules for those approach...
New bill allows unused 529 college funds to become a retirement tool
Nestled in the $1.7 trillion spending bill passed last week is a nugget of good news for Americans with unused funds in their 529 plans that help families save for college. Section 126 of the bill ame...
Here’s How To Reduce Your Cryptocurrency Tax Bill Before Year End
Crypto Tax: Tax is imposed by every government and is a compulsion. So, to reduce this heavy load that comes on your shoulder, we have looked at ways in which you can reduce crypto tax. Harvesting tax...
FTX ex-CEO Sam Bankman-Fried’s criminal case assigned to Bill Clinton-appointed judge, Lewis Kaplan
US District Judge Lewis Kaplan from Manhattan has been assigned to hear the criminal case against FTX co-founder Sam Bankman-Fried (SBF) following the recusal of the previous judge Ronnie Abrams. 🚨 Sa...
Crypto Mining Bill Proposal Postponed by Russian Parliament
2 hours ago | 2 mins read Bitcoin News The measure was introduced to Russia’s State Duma in November. Most Russian authorities continue to oppose legalizing cryptocurrencies. State Duma members will c...
Prominent Billionaire Investor Bill Miller Remains Bullish on Bitcoin
42 mins ago | 2 mins read Bitcoin News Recent retirement didn’t stop him from making Bitcoin one of his hallmark bets. Miller likens cryptocurrencies to digital gold because of potential as a store of...
Avoiding a Big Tax Bill on Real Estate Gains
Owning real estate is a big dream for many investors. But it’s a huge investment—one that can be fairly lucrative. Selling a rental property for a huge profit can be a dream come true. Still, to...
Billionaire Investor Bill Miller Sees Fresh Opportunities for Bitcoin Amid Sell-off
Legendary investor Bill Miller continues to be bullish on Bitcoin despite the crypto asset being hit by a brutal sell-off this year. The Baltimore investing giant rose to prominence by outperforming t...
The reason Russia’s crypto mining bill keeps getting delayed
On Dec. 23, Anatoly Aksakov, Russia’s congressional finance committee chairman, stated at a press conference in TASS that Russia’s law on cryptocurrency mining regulation is being postponed due to fea...
Policymakers in Russia postpone debating cryptocurrency mining bill
The Russian Parliament is delaying the passing of the recently proposed crypto mining bill, citing capital flight risks. Regulation on crypto mining stalled over capital flight fears Despite initia...