Strategic commercial partnerships and a tax exemption bill pave the way for profitable commercial mining in Georgia. A new House Bill, HB1342 has been put forth by Georgia Representatives Don Parsons,...
Tag: Proposed
Russian government proposed crypto mining tax reduction bill
Crypto mining has become a notable passive income source. In several nations, many seek to mine digital assets as their secondary source of income. Before last year’s Chinese crypto ban, the nation wa...
The Village Of Massena Has Proposed A Cryptocurrency Mining Moratorium – NNY360
A moratorium has been enforced by the city, which has been extended multiple times, the most recent being till February 28. The council was scheduled to hold a public hearing on the extension of the m...
Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax Reduction ⋆ ZyCrypto
Advertisement     The Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities wi...
New Bill for Regulating Stablecoins Proposed by US Lawmaker, But There’s a Catch
Yuri Molchan A draft of legislation regarding stablecoins has been proposed by US lawmaker Josh Gottheimer; however, it has faced a backlash from critics Contents “Qualified” stablecoins, ...
Safe Foundation, proposed steward of the Gnosis Safe ecosystem, plans to raise $100 million
Safe Foundation, a proposed steward for the Gnosis Safe ecosystem, is plotting a $100 million token sale. A document obtained by The Block shows that 8% of the total supply of SAFE tokens — a yet-to-b...
EU-Wide Bitcoin Ban Proposed by Central Banker
Alex Dovbnya The EU should impose a blanket ban on cryptocurrencies, says the governor of Hungary’s central bank György Matolcsy, head of Hungary’s central bank, has proposed imposing a bl...
Governor Of Hungary’s Central Bank Has Just Proposed EU-Wide Ban On Bitcoin ⋆ ZyCrypto
Advertisement     Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China i...
In today’s House hearing, Congress rejects Treasury’s proposed stablecoin regime
The US Treasury Department’s proposal for new stablecoin law is dead in the water if today’s hearing before Congress is any indication. On February 8, the House Financial Services Committe...
Is proposed SEC rule with no mention of crypto a threat to DeFi?
On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital assets or decentralized finance, which could...
India’s 30% Proposed Digital Asset Tax is Positive, says CoinSwitch CEO
At 30%, India’s tax rate on income from digital assets is unarguably steep. Ashish Singhal, the Chief Executive Officer and founder of CoinSwitch told CNBC in an interview that this proposed legislati...
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report – Exchanges Bitcoin News
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is on...
Crypto mom warns that proposed SEC rule threatens DeFi
Hester Pierce, popularly known as the crypto mom by the crypto community, has warned about a recent rule proposed by the US Securities and Exchange Commission (SEC). Pierce is a commissioner of the SE...
Thailand Abandoned its Proposed 15% Crypto Tax
Thailand is abandoning its proposed 15% tax on cryptocurrencies including mining. The Thai government faced strong backlash to the proposed crypto tax. Paiboon Nalinthrangkurn, chairman of the Federat...
SEC Asks Bitwise to Address Concerns About Proposed Spot Bitcoin ETF
The SEC has asked Bitwise to clarify how the investment firm will prevent share manipulation, fraud and other potential issues in its proposed spot bitcoin ETF, according to a notice to the company on...
SEC’s proposed rule on exchanges could threaten DeFi, says Crypto Mom
Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission known by many in the space as Crypto Mom, is warning that a proposed rule from the agency could potentially affect the reg...
Bitcoin Mining Ban Proposed by New York Gubernatorial Candidate
Alex Dovbnya Democratic candidate Jumaane Williams has called for imposing a ban on Bitcoin mining Democrat Jumaane Williams, who launched his bid for governor of New York in December, has called for ...
Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds – Regulation Bitcoin News
A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third of the respon...
Fitch says proposed Russia crypto ban eases risks but curbs innovation
On Friday, credit rating agency Fitch published a research piece about Russia’s proposed ban on cryptocurrencies. Although the report agreed with the Central Bank of Russia’s (CBR) positio...
Putin Wants Crypto Regulation In Russia Instead Of A Proposed Outright Ban
Putin says that a surplus of electricity and well-trained personnel give Russia a “competitive advantage” in crypto mining. Russian President Vladimir Putin seems to be on the side of the crypto commu...
SEC Rejects Fidelity’s ETF Application for Proposed Rule Change
Seven days after rejecting a spot bitcoin ETF proposal by First Trust and SkyBridge Capital, the U.S. Securities and Exchange Commission (SEC) rejected the exchange trusted fund (ETF) application file...
SEC rejects Fidelity’s proposed spot Bitcoin ETF
advertisement Another spot bitcoin ETF proposal — this time from investment giant Fidelity — has been sidelined by the Securities and Exchange Commission. The SEC handed down its disapprov...
Russia Top Execs Speak Against Proposed Blanket Cryptocurrency Ban ⋆ ZyCrypto
Advertisement     A couple of executives have spoken up against Russia’s proposed ban on crypto on Telegram. They cite issues relating to stifling technological growt...
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government – Regulation Bitcoin News
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as pr...
Russia’s tech founder voices discontent about proposed crypto ban
Russia’s apex bank plan to impose a blanket ban on crypto activities like trading and mining has been met with stiff resistance from opposition members and the country’s tech community. Last week, the...
$1 Million Bitcoin Price Bet Proposed by Mike Novogratz
Alex Dovbnya Mike Novogratz has challenged Peter Schiff to a $1 million bet Galaxy Digital CEO Mike Novogratz has challenged Euro Pacific Capital CEO Peter Schiff to put his money where his uber-beari...
The Fed’s proposed CBDC: a dystopian nightmare or a necessary evolution of the dollar?
The U.S. Federal Reserve has taken its first step towards issuing a central bank digital currency (CBDC). And while a digital dollar is still years away even if the Fed decides to move forward with th...
SEC rejects proposed spot Bitcoin ETF from First Trust and SkyBridge
advertisement The US Securities and Exchange Commission has shot down another spot bitcoin exchange-traded fund proposal, this time from First Trust and SkyBridge Capital. As previously reported, Firs...
Bitcoin Rises Despite Russia’s Proposed Crypto Ban
On Thursday, Russia’s central bank suggested that lawmakers need to implement regulations to effectively ban domestic crypto-related activities. The bank made it clear, however, that is not sugg...
Proof-of-Work Ban Proposed by EU Finance Regulator to Curb Energy Usage
One of the EU’s top financial regulators has proposed banning the proof-of-work method of cryptocurrency mining, even as miners have switched to utilizing renewable resources. Given that proof-of-work...
Bitcoin Mining Ban Proposed by Top EU Financial Regulator
Alex Dovbnya A leading EU financial regulator is calling for prohibiting Bitcoin mining Contents “A national issue” The U.S. is catching up Erik Thedeen, the newly appointed vice chair of ...