In brief The SEC has been releasing proposed rule changes this week. One proposal addressing electronic Treasury bond traders could impact liquidity on DeFi markets. Seemingly tiny policy changes can ...
Tag: Proposal
SEC Brings Forward New Proposal: Aims to Heighten Disclosures For SPACs
The SEC has proposed new amendments for SPACs to have heightened disclosure fine-tuned with the traditional IPOs. This proposal stems from an understanding that on a functional basis, SPACs are being...
FTX derivatives proposal takes center stage at Congressional hearing with CFTC chairman
A leader of US financial regulation has defended his agency’s work with crypto exchange FTX in a Congressional hearing, which will apparently be the subject of yet another hearing in May. Rosti...
Kohl’s calls on shareholders to reject activist Macellum’s proposal
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s on Thursday ...
Ripple Co-Founder Chris Larsen Blasted as ‘Judas’ After Proposal to Change Bitcoin
In brief Bitcoin boosters blasted Chris Larsen’s environmental proposal as insincere. Many prominent Bitcoiners took to Twitter to voice their displeasure. Chris Larsen, the billionaire co-found...
Biden’s tax proposal seems hostile as it threatens crypto investors –
Applying the tax can be complex because valuation of several assets can be subjective Unclear whether unrealized losses would be taken into account Experts opined that this plan will not pass Congres...
Biden’s proposal to restrict buybacks ‘doesn’t make a lot of sense’
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Biden’s 2023 budget proposal seeks to apply accounting and tax reporting rules to crypto
The Biden administration is submitting a budget proposal for the 2023 financial year. The budget proposal comes as the US Treasury Department releases its revenue explanations. It is estimated that th...
Why Biden’s Hostile Tax Proposal Threatens Crypto Investors
Crypto investors could tumble if Biden’s expected proposal for a minimum 20% tax on unrealized gains were to pass Congress. The harsh “eat the rich” measure has been described as unworkable and uncon...
The SEC’s New Proposal to Redefine ‘Dealer’ Could Spell Bad News for DeFi
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules
U.S. President Joe Biden released his 2023 budget proposal on Monday, and in it, his administration is seeking to modernize rules around digital assets that it says would generate an additional $11 bi...
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text pro...
New York Senator Kirsten Gillibrand Joins Rep. Senator Cynthia Lummis’ Crypto Bill Proposal
Washington and the broader electorate in the United States are sharply divided along partisan lines. But there may be scope for finding common grounds with regard to the upcoming crypto bill. Republic...
Malaysian deputy finance minister responds to proposal to legalize Bitcoin
An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like Bitcoin (BTC) as a payment method following recent crypto-friendly proposals by the dep...
What Is Ethereum Improvement Proposal EIP-4844?
Ethereum’s co-founder, Vitalik Buterin, recently shared a novel proposal for the blockchain network. The upgrade is tagged EIP-4844 which is known as Proto-danksharding. The EIP-4844 is an upgrade tha...
Proposal for crypto tax policy in India will go to parliament on March 24
A tax proposal on crypto from India’s Finance Minister Nirmala Sitharaman may be closer to becoming law as the country’s lower house of parliament is scheduled to consider the legislation on Thursday....
Know all about Australia’s new proposal for crypto regulations
Senator Andrew Bragg of Australia has proposed a regulatory framework for the cryptocurrency business. The cryptocurrency business is fast evolving, making it tough for regulators to keep up. But Brag...
Crypto Platforms Would Have to Show Transaction Details Under New OECD Tax-Dodging Proposal – crypto.news
The Organization for Economic Cooperation and Development (OECD) introduces a proposal that seeks to prevent digital assets from being used to hide wealth. Under the new proposal submitted on Tuesday ...
What does Ethereum Improvement Proposal (EIP) 4844 bring to the table?
Last week, Ethereum co-founder Vitalik Buterin tweeted a technical FAQ for EIP-4844 – also known as “proto-danksharding.” In short, this proposal will initiate a more efficient way to organize data lo...
OECD solicits public comments on draft proposal for crypto tax rules
The Organization for Economic Cooperation and Development (OECD) is looking for input on a new proposal for crypto tax rules. The OECD is an intergovernmental organization encompassing 38 member natio...
Ethereum’s Vitalik Buterin Comes with New Sharding Proposal: What is EIP-4844?
Vladislav Sopov Ethereum founder explains concept of Proto-danksharding, a novel type of sharded consensus for post-merge network Contents Introducing Proto-danksharding, a novel way to organize data ...
MakerDAO’s community proposal for an alternative for governance Token MKR- why and consequences
On Monday, community leader monet-supply proposed an alternate token economic mechanism on the MakerDAO forum. If the proposal is approved by a full governance vote, the protocol’s present governance...
Cosmos based Juno: Proposal 16, The Momentous Move And The Complexities
A large holder or whale was accused of manipulating the airdrop for October on the Cosmos based Juno Blockchain. This resulted in the community’s one-of-a-kind move to vote and alter the f...
Dfinity Foundation Founder Submits $250M Proposal to Hasten the End of Attacks on Ukraine
Dominic Williams, the founder of Dfinity Foundation, proposed a way that blockchain and smart contracts can potentially help by getting millions of Russians to watch an entire informational video(s) a...
Juno’s Proposal 16 Vote Is a Watershed for Blockchain Governance – For Better or Worse
There is an added complication to doing a hard fork rather than an automated parameter change. Validators, the equivalent of Bitcoin’s miners on Cosmos and other proof-of-stake systems, could choose t...
MakerDAO community proposal to replace MKR governance token
The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR. A proposal was made on the MakerDAO forum by comm...
EU Parliament Committee Rejects Proposal to Limit Proof-of-Work Crypto
The European Parliament’s Economic and Monetary Affairs Committee voted Monday, a move that quashed the ban on the popular cryptocurrency Bitcoin across the European Union (EU). The committee voted a...
Cryptos Decline After Rejection of EU Bitcoin Proposal
Geopolitical uncertainty also contributed to the recent slowdown in trading activity, which is reflected in blockchain data. So far this year demand among bitcoin holders has flattened, reflecting the...
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote: Sources
“5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article ...
OECD opens proposal on tax transparency framework for crypto to public comment
The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency for gl...