Johana Obando, a congresswoman from the Central American country of Costa Rica, has introduced a bill to Congress requesting the government to regulate the crypto market and cut taxes on cryptocurrenc...
Tag: Proposes
EOS proposes a solution to DeFi’s $5 billion insecurity problem
$5 billion. That’s how much has been cumulatively lost to DeFi hacks and exploits. October 2022 will go down as the worst month on record, with almost $700M lost to a string of attacks that included M...
Singapore Proposes Ban On Crypto Trading, But There’s A Catch
The Monetary Authority of Singapore (MAS) on Wednesday published two consultation papers proposing regulatory frameworks to reduce investors’ risk in crypto trading and support stablecoins for transac...
Singapore proposes new regulations for stablecoins and crypto trading
Leading cryptocurrency haven Singapore is taking steps to increase regulation in the cryptocurrency industry. The regulatory body in charge of monetary policy, the Monetary Association of Singapore (M...
Santander Proposes Project to Tokenize and Trade Assets with Brazilian CBDC
The objective of this project is to streamline the processes of transacting with different kinds of property through the platform. Santander, one of the biggest banking institutions in the world, has ...
SEC Proposes Two Redactions to Hinman’s Documents, Files Opposition to Ripple Summary Judgment Motion
– Advertisement – SEC wants to redact the two drafts of Hinman’s speech. Shortly after turning over the drafts of William Hinman’s 2018 controversial speech, the SEC submitted for in-cam...
Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC – Bitcoin News
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The p...
Sam Bankman-Fried Proposes ‘Respect’ for OFAC in Crypto Regulatory Framework
“OFAC does not deserve respect. It deserves repeal,” Voorhees said Several crypto observers are combating Bankman-Fried’s DeFi proposals Sam Bankman-Fried asked for critiques on his proposed crypto re...
Hong Kong Chief Executive proposes statutory licensing for VASPs in his policy address
The Chief Executive of the Hong Kong Special Administrative Region, John Lee, mentioned a bill to propose establishing a statutory licensing regime for virtual asset providers in his 2022 policy addre...
UK Proposes Bringing Crypto Under Regulatory Eye
Amendment to Financial Services and Markets Bill clarifies “powers relating to financial promotion and regulated activities” would regulate crypto Financial Conduct Authority (FCA) said in August it w...
PancakeSwap Proposes to Deploy Mainnet on Aptos Blockchain
Developers of the decentralized exchange, PancakeSwap, on October 20, proposed its deployment to the Aptos blockchain due to the chain’s innovative and technical capabilities. The proposal read, “Afte...
Europe proposes an energy-efficiency label for blockchain networks
Join Our Telegram channel to stay up to date on breaking news coverage The European Union plans to have an energy efficiency label for blockchain networks. The European Commission has released these m...
FTX Head SBF Proposes This Solution To Prevent Crypto Hacks
FTX Head SBF Proposes This Solution To Prevent Crypto HacksSBF new approach to prevent hacks October 20, 2022Sam Bankman-Fried has created a framework to limit the impact of hacks and exploits pl...
Sam Bankman-Fried proposes standard for sanctions, licensing for DeFi protocols
FTX CEO Sam Bankman-Fried (SBF) said while the crypto industry needs to remain an open economy where peer-to-peer transfers and codes are free, regulatory oversight is crucial for sustainable innovati...
Mango Markets Proposes to Refund Victims after $114m Hack
Following its recent hack, Solana-based DeFi protocol Mango Markets proposed a plan to refund victims. This information was first disclosed in the platform’s Discord on Monday. The team will cro...
Terra Classic: Blockchain developer proposes new grants program to attract ‘new utility’
Terra blockchain developer Edward Kim has shared a proposal to launch a Terra Classic Grants program. The directive is aimed at an efficient and transparent distribution of community pool funds. Kim s...
Terra Classic Core Developer Edward Kim Proposes Terra Classic Grants Program, Requesting $68,000 To Direct It
– Advertisement – Edward Kim proposes a grants program to promote chain utility and ensure better transparency with community pool distribution. In a tweet today, Terra core developer Edwa...
Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender – Regulation Bitcoin News
Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individ...
China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used internati...
In Its Upcoming 2023 Budget Plan, Portugal Proposes A Policy On Cryptocurrency Taxation
As per the new draft policy, the Portuguese have to pay tax on any profits gained from trading cryptocurrency. 28% of the levy charges have to be paid on profits from digital assets. Portugal’s legisl...
IOSCO Proposes Measures To Probe Digital Marketing Risks
Concerning the rapid increase of risks in digital marketing, The International Organization of Securities Commissions, (IOSCO), has proposed some measures for its member countries to consider when dec...
Financial Stability Board proposes crypto regulations that protect innovations
The Financial Stability Board (FSB) – the international body that monitors and makes recommendations about the global financial system – haas released a crypto regulation framework calling for the ena...
Mango DAO Proposes $47 Million Settlement to Hacker
2 hours ago | 2 mins read Defi News The assailants artificially inflated the value of their collateral and then borrowed heavily. According to the terms of the arrangement, the hacker must return $67 ...
Mango Markets hacker proposes steep settlement
On Oct. 12, one day after $117 million was drained from Solana DeFi platform Mango Markets via a price feed exploit, the hacker responsible for the attack demanded a settlement. The proposal was filed...
Portugal Proposes 28% Crypto Tax – Earn Decentralized Passive Income With Oryen Network
Portugal has long been considered crypto-friendly, but these credentials are under threat thanks to a newly proposed crypto tax of 28%. Before that, the country was one of a few that offered extremely...
Terra Classic Core Developer Proposes To Run Both USTC Re-peg Proposals In Parallel
– Advertisement – Edward Kim proposes to run both USTC re-peg proposals in parallel. In a tweet on Tuesday, TerracVita, a subgroup of the Terra Rebels, shared a discord message where Ter...
Portugal Proposes a 28% Crypto Tax In the 2023 National Budget – crypto.news
Portuguese authorities are proposing a 28% crypto tax in their 2023 budget. The new policy may become effective in next year’s national budget. Will Portugal’s 28% Tax Apply To All Digital Assets? As ...
Portugal proposes 28% tax on annual crypto trading profits next year
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition. Long considered a cryptocurrency tax haven, Por...
After Over 10 Network Outages, Solana Proposes A Genius Solution To Solve Debacle ⋆ ZyCrypto
Advertisement     Solana’s outages will soon be a thing of the past as its team reveals plans to remedy the problem. Firedancer, a scaling solution for Solana launched...
BNB Chain Proposes Governance Vote Over Stolen Funds
25 mins ago | 2 mins read Altcoin News The criminal stole $110 million using the cryptocurrencies Fantom, ETH, and Polygon. Before the suspension, the hacker still had roughly $400 worth of assets on ...