Smart contracts are one step closer to falling under European Union-wide regulation within a broader strategy on data markets, an issue that continues to raise concerns within the crypto industry. ...
Tag: Parliament
China Parliament Member to Ask Govt to Illegalize NFT Speculation
Feng Qiya plans to propose NFT regulatory system at the annual Beijing meeting. It includes clamping down on NFT speculation to avoid financialization. Previously, China NFT exchange Huanhe shut down ...
NFT Collection CryptoHoots Steampunk Parliament Price, Stats, and…
What is an CryptoHoots Steampunk Parliament? CryptoHoots Steampunk Parliament are a non-fungible tokens collection built on the Ethereum network launched in 28 September, 2021. 2,500 items of the Cryp...
Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament
A report on a draft measure that would require banks that hold cryptocurrencies to put aside a significant amount of capital in an attempt to mitigate possible risk has been published by the European ...
Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
The European Parliament has released a report on a draft bill proposing that banks holding cryptocurrencies set aside a large amount of capital in an effort to address potential risk. In a Feb. 9 noti...
U.S. Parliament Summons SEC Chair Over Role in FTX Investigation
The U.S. Parliament has requested communication details from the SEC over the investigation of SBF. The SEC chair was given until 5pm, February 24 to provide requested information. GOP’s aims at provi...
Zelensky Meets King Charles III And Addresses British Parliament In Surprise Visit To UK
Topline Ukrainian President Volodymyr Zelensky met with U.K. Prime Minister Rishi Sunak and spoke to members of Parliament ahead of a meeting with King Charles III Wednesday, in Zelensky’s second trip...
Kazakhstan Receives Parliament Nod For Adopting Crypto Legislation
12 hours ago | 2 mins read Bitcoin News Until a new Mazhilis is chosen, the Senate holds all legislative rights. Tokayev has not yet signed the bill or any of the other essential adjustments. A law to...
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange – Regulation Bitcoin News
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of c...
French Parliament Votes in Favour Of Relaxing Crypto Licensing Laws
Join Our Telegram channel to stay up to date on breaking news coverage France is set to revamp the regulatory framework for cryptocurrencies, which could trigger the industry’s growth. The French Nati...
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament – Finance Bitcoin News
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern ban...
ECB executive board member outlines plans for digital euro to European Parliament
The digital euro, should it come into existence, will preserve the role of the central bank by extending payment options beyond those offered by cash, European Central Bank (ECB) executive board membe...
Nexo Turmoil Causing Tension in Bulgarian Parliament
The scandal around the cryptocurrency lending platform Nexo has triggered a massive verbal fight between the leading political parties in Bulgaria. GERB (the party that ruled between 2009 and 2021) al...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law – Taxes Bitcoin News
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to decl...
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 ...
Italian Parliament introduces a crypto capital-gains tax in the 2023 budget
Italian cryptocurrency traders will be required to pay a hefty 26% capital-gains tax starting from 2023. However, this is part of the nation’s latest budget passed through Parliament. Giorgia Meloni, ...
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...
Russian Parliament Postpones Adoption of Crypto Mining Bill – Mining Bitcoin News
Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for ...
Indian government updates parliament on crypto legislation and exchange probes
The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to con...
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges – Regulation Bitcoin News
The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha, the lower house of India’s parliament. “Crypto assets are by definitio...
Wanted Russian Parliament Member May Own a Crypto Broker in Moscow: Report
According to Dossier, an OTC called Bankoff is operating from an office owned by a company directed by Lugovoi’s wife, Ksenia. Bankoff appears to be the most active trader on Binance’s pee...
European Parliament terminates crypto-friendly Eva Kaili’s term of office
The European Parliament voted to terminate crypto-friendly vice-president Eva Kaili’s term of office by a double majority. 625 votes favored Kaili’s termination, while only one voted...
Pro Crypto Member of European Parliament Arrested in Belgium on Corruption Allegations: Report
A pro crypto member of the European Parliament has reportedly been arrested in Belgium after being accused of corruption. According to a new report by local Belgian publication Le Soir, Greek Social D...
EU parliament pro-crypto member Eva Kaili arrested in Belgium
Eva Kaili, a European Parliament vice president, known for her crypto regulation efforts, was arrested in Belgium regarding a corruption case. As AFP reported citing its sources, Belgian police arrest...
Kazakhstan’s parliament moves forward on Bitcoin mining legislation
Kazakhstan is advancing new legislation to regulate local crypto miners. Kazakhstan’s Majalis, the federal parliamentary body, has approved the second reading of a bill “On the Digi...
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity – Regulation Bitcoin News
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, th...
FTX proves MiCA should be passed fast, officials tell European Parliament committee
The European Parliament Economic and Monetary Affairs Committee held a hearing on the “FTX cryptocurrency exchange collapse and implications for the EU” on Nov. 30. Three European monetary...
Brazil’s Parliament Passes Bill for Greater Crypto Regulation, What Does it Mean?
The lower house of Brazil’s parliament approved a cryptocurrency bill that seeks to establish a stringent regulatory framework in the country, a theme that resonates with several governments around th...
Singapore’s parliament raises governance concerns following FTX collapse
The FTX contagion made its way into Singapore and its parliamentarians cannot come to terms with the fact that their government failed to protect its citizens. The lawmakers are now calling for transp...