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Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App
26.1.2020
India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. News.Bitcoin.com caught up with the award recipient to find out more about her app....
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody
24.1.2020
A bill in the Hawaii State Senate aims to clarify its classification of digital assets and pave the way for banks to provide custody services
Hawaiian Bill Would Let Banks Act as Crypto Custodians
23.1.2020
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
WEF’s Blockchain ‘Bill of Rights’: Is Crypto Regulation Imperative?
21.1.2020
The Blockchain and Distributed Ledger Technology team at the World Economic Forum (WEF) announced that it is creating a ‘Blockchain Bill of Rights: Design Principles for a Decentralized Future,’ to be presented at the international organization’s Annual Meeting in Switzerland from January 21–24....
Why the World Economic Forum Is Creating a Blockchain ‘Bill of Rights’
20.1.2020
Sheila Warren, the head of blockchain for the WEF, argues the technology needs a set of principles for staving off potential misuse
New Bill in Oklahoma Proposes Depository for Cryptocurrencies Used by Government
19.1.2020
A bill has been introduced in the U.S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.” The new establishment aims to provide financial and technical...
Oklahoma Senator Working on Bill for State-Backed Blockchain Institution
18.1.2020
Pending submission, a new Oklahoma bill includes an effort by the state to provide support for blockchain and crypto tech
New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails
17.1.2020
New Hampshire state representatives have killed the legislature’s second attempt to accept crypto tax payments, saying that Bitcoin’s volatility is too high
New Hampshire Lawmakers Vote Down Crypto Tax Bill
16.1.2020
New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments
Bill to Exempt Small Crypto Transactions From Taxes Returns to US Congress
16.1.2020
A bill to protect crypto users from capital gains taxes on day-to-day transactions has been reintroduced in US Congress
Bithumb Cryptocurrency Exchange Goes to Court Over $69M Tax Bill
16.1.2020
Bithumb crypto exchange is taking South Korean tax officials to court over a $69 million tax bill
Bithumb Exchange Fighting Back Against ‘Groundless’ $69M Tax Bill
16.1.2020
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions
Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization
10.1.2020
Authors of New York’s new digital payments system Inclusive Value Ledger claim that the initiative is still open for implementing blockchain technology
Subhash Chandra Garg on the Future of Crypto
5.1.2020
India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also...
These Are the Bitcoin Stories You Loved in 2019
2.1.2020
2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed....