TL;DR Breakdown The chairman of the House Financial Services Committee’s fintech task force has introduced a bill to establish E-Cash digital currency. Under Lynch’s plan, no blockchain or internet co...
Tag: Proposes
House Committee Chair Proposes Privacy-Preserving Digital Currency Bill
The chair of the House Committee on Financial Services’ Task Force on Financial Technology has introduced a bill to create a new type of digital currency. The Electronic Currency and Secure Hardware ...
OECD Proposes Crypto-Assets Reporting Framework
The Organization for Economic Cooperation and Development (OECD) has proposed a framework for the reporting of cryptocurrency assets in an effort to streamline global tax compliance. The Crypto-Assets...
Bill proposes digital currency that replicates cash, bypasses the Fed
The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. Th...
Costa Rica proposes crypto projects for legal use
TL;DR Breakdown • Secretary of the country asks for its crypto project review before the end of March.• Leaders in Costa Rica believe that decentralized commerce should pay VAT for operations A few da...
Russian Lawmaker Proposes Digital Ruble to Dodge Western Sanctions
A member of the Russian opposition has called on the federal government and the central bank to hasten the issuance of the digital ruble, or central bank digital currency (CBDC), to circumvent some of...
OECD Proposes New Global Crypto Tax Reporting Rules
Key Takeaways The Organization for Economic Co-operation and Development has released a document revealing a reporting framework designed to overhaul how tax authorities share information related to c...
Australian Senator Proposes a Digital Service Act – crypto.news
Australian Senator Andrew Bragg has proposed a Digital Services Act to address issues like crypto custody, DAOs, and taxation to protect investors. He addressed the proposal at the commencement of the...
Is Malaysia The Next El Salvador? Communications Ministry Proposes Adoption Of Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     Malaysia’s Ministry of Communications and Multimedia is supporting the adoption of cryptocurrencies such as bitcoin as legal tender within the jurisd...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector – Regulation Bitcoin News
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview ...
Malaysia’s Communications Ministry Proposes Crypto As Legal Tender
The Ministry of Communications and Multimedia of Malaysia proposes the adoption of cryptocurrencies, including bitcoin, as the interest for crypto grows among Malaysians. Deputy Communications and Mul...
Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin (BTC) should be adopted as legal tender to help the younger generation who are active user...
Malaysia Comms Ministry Proposes Adopting Crypto as Legal Tender
Key Takeaways Malaysia’s deputy minister of communications and multimedia, Datuk Zahidi Zainul Abidin, has proposed adopting cryptocurrencies as legal tender. He also said that the ministry is l...
Australian senator proposes DAO regulation
TL;DR Breakdown Senator Andrew Bragg of Australia called for “prompt” legislation governing decentralized autonomous organizations (DAOs). The Digital Services Act (DSA) aims to regulate the cryptocur...
Australia Government Defines Crypto Assets, Proposes Regulations
The treasury department of the Australian government has released a consultation paper on Monday, defining cryptocurrencies and outlining its plan to impose a regulatory framework on the growing secto...
SushiSwap community proposes Swiss legal structure to limit DAO liability
According to the proposer Tangle, the intended foundation will play a key role in limiting the liability for contributors and driving Sushi’s future growth. SushiSwap (SUSHI), a community-led suite of...
SushiSwap Community Proposes Legal Structure to Reduce Risks
The community behind decentralized exchange SushiSwap has proposed that the decentralized autonomous organization SushiDAO should form an association or foundation in order to mitigate future risks. T...
Australian Senator proposes landmark Digital Services Act
Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for a new Digital Asset ecosystem do...
Argentinian UFI proposes AML measures for crypto
Crypto regulations are getting more stringent over time as the count of crimes rises in the industry. Recently an Argentinian anti-money laundering regulator is reportedly working to force cryptocurre...
Ghana Proposes Hardware Wallets To Support New Digital Currency
The Central Bank of Ghana said inclusiveness would be a major factor for its upcoming digital currency, the eCedi, and will attempt to bring the currency to citizens without a bank account, or even in...
Austin Mayor Proposes Bitcoin to be Accepted for Payments for Taxes, Fees, Penalties
Steve Adler – the mayor of Austin, Texas – proposed two initiatives to turn the city into a “global leader in the crypto space.” The first includes further promotion of the benefits of blockchain tech...
Celo foundation proposes to deploy Uniswap V3 on its native blockchain
A new community proposal was introduced in the Uniswap governance forum to deploy the protocol on the Celo blockchain, which is a mobile-first, carbon-negative and Ethereum Virtual Machine-compatible ...
Coinbase proposes crypto tech to promote global sanctions compliance
The United States-based crypto exchange Coinbase has proposed the use of cryptocurrencies to help ensure compliance with economic sanctions. The recommendation comes along with highlighting the ease o...
Louisiana Proposes Bill Allowing Crypto Donation To Political Campaigns
A proposed bill in Louisiana’s House of Representatives seeks to formally allow political campaigns to receive donations in cryptocurrency. The bill, introduced on Feb. 25, will be presented before th...
EU Data Act Proposes Shutdown Function for Smart Contracts – Regulation Bitcoin News
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the s...
SEC proposes new rule requiring short-sellers to disclose their positions monthly
Gary Gensler has been circling short-sellers for months, and now the Securities and Exchange Commission chief is looking to make a big move. Under a new rule proposed by the SEC Friday morning, some i...
senator proposes law to make Bitcoin legal tender
Mexico could be the second state in the world, after El Salvador, to adopt Bitcoin as legal tender. At least that would be the intention of a bill presented in recent days, by the Mexican senator of t...
Mexico Senator Proposes Bitcoin Legal Tender Bill—But It’s Unlikely to Pass
In brief Indira Kempis is pro-Bitcoin. Mexico’s president is not. Moreover, Kempis is a member of an opposition party, so her efforts are less likely to gain traction. Indira Kempis, a senator f...
El Salvador Proposes Offering Citizenship To Foreign Investors
Nayib Bukele, El Salvador’s Bitcoin-loving president has announced plans to offer citizenship to foreign investors. This move could invite more investment projects like this series of reforms is a ste...
California Lawmaker Proposes New Bill to Adopt BTC as Legal Tender – crypto.news
On Feb 19, 2022, Political advisor Ian C.Calderon tweeted that he and BTC expert Dennis Porter were working on a Bipartisan legislature. He said he introduced a bill that seeks to make BTC a legal ten...