legislation

Senators want to ban TikTok from government phones

Sponsored Links SOPA Images via Getty Images All federal government employees could soon be banned from downloading TikTok on work-issued smartphones. Senators Josh Hawley (R-Missouri) and Rick Scott (R-Florida) have introduced a bill that would do just that, claiming the social media app poses a national security threat. If passed, the ‘No TikTok on Government …

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6 Crypto Websites Blocked by Russia’s Media Watchdog, Including News Outlet

</header> <strong>In what seems to be another episode in a long-running campaign, the Russian telecom regulator has</strong><strong> restricted access to at least six websites posting content related to cryptocurrencies. </strong><strong>Тhe forum section of Bits.media, a leading crypto news outlet</strong><strong>, is among the internet pages that have been blacklisted this month. </strong> Also read: Russians Can …

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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions

</header> <strong>The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. </strong> Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive …

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Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March

</header> <strong>The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. </strong> Also read: …

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Top 10 Congresspeople Working on Crypto Policy

Following a year that has seen unprecedented interactions between United States legislators and the crypto industry, Cointelegraph has compiled a roster of congresspeople who have established stances and policies for blockchain and cryptocurrency that will shape the future of the industry within the country.  Some of the congresspeople listed are bullish on blockchain, while some …

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Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks

</header> <strong>Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority in Kiev as the government has indicated its clear understanding that the …

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Hawaiian Bill Would Let Banks Act as Crypto Custodians

Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets. SB2594, introduced on Jan. 18 with bipartisan backing, would make it legal for Hawaiian banks to hold “digital securities,” “virtual currencies,” “digital consumer assets” and other “open blockchain tokens” for their customers. It would further authorize Hawaiian courts to hear …

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Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries

</header> <strong>Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries.</strong> Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese …

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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb

</header> <strong>The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. </strong> Also read: Poles Hit With Backdated Tax on Crypto Trades …

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New York Governor vetoes bill to legalize e-bikes and e-scooters

Sponsored Links ASSOCIATED PRESS New York had been set to legalize electric bikes and scooters, which would have allowed sharing programs like Bird, Lime or Jump to come to markets including New York City. However, Governor Cuomo has vetoed the bill, meaning e-bikes and scooters will continue to be illegal in the state. The bill …

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