[ad_2][ad_1] A US congressman from Arizona introduced the 2020 Cryptocurrency Act while he was in quarantine for the coronavirus. The bill clarifies which federal agencies regulate which type of cryptocurrency. “It is imperative that America remains the global leader in cryptocurrency,” the lawmaker said. Also Read: India Legal Bitcoin – …
Read More »The British legislator in favor of Blockchain asks for payments via encryption
[ad_2][ad_1] Eddie Hughes, a member of the U.K. parliament, proposed to grant taxes and other charges with cryptocurrencies. According to a relationship from the Daily Express newspaper, Hughes wants people to have the option to pay municipal taxes to local authorities, as well as household bills to utility companies, with …
Read More »The Japanese legislator proposes 4 tax cuts for Crypto users and traders
[ad_2][ad_1] Taxes A Japanese lawmaker proposed four changes to Japan's tax law for the benefit of crypto users and merchants, as well as expanding the adoption of cryptocurrency in the country. The current 55 percent tax rate could be lowered to 20 percent while cryptography encryption and small payments could …
Read More »The Japanese legislator proposes 4 changes to ease tax burdens
[ad_2][ad_1] A Japanese legislator has proposed a series of changes to the current tax regime in order to lighten the burden on cryptocurrency users and encourage the adoption of cryptocurrencies in the country. At a meeting held earlier this month, Takeshi Fujimaki, a representative of the political party Nippon Ishin, …
Read More »The Korean legislator presents a bill to promote cryptocurrency trading
[ad_2][ad_1] Regulations A South Korean legislator presented a bill to promote cryptocurrency trading and the development of cryptographic exchanges. In addition to requirements such as capital, human resources and internal systems, the bill proposes the establishment of a committee to promote and support encryption. Read also: The Indian Supreme Court …
Read More »The Russian legislator suggests the gold-bound cryptocurrency for arms exports
[ad_2][ad_1] A senior Russian MP has suggested that Moscow should move to the cryptocurrency, supported by gold, for payments in Russian arms exports to evade financial sanctions from the West. The famous legislator Vladimir Gutenev, first vice-chairman of the State Duma's Economic Policy Committee (the lower house of the Russian …
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