House of Representatives in Rhode Island have introduced a bill that would tackle the housing shortage by rewarding home builders with "green coin" cryptocurrency for lowering the project's carbon footprint. The Green Housing Public-Private Partnership Act would require a housing project's utility costs and carbon emissions to be reported annually to the state's public utility […]
After the president’s signature, the bill will regulate the usage of bitcoin as payment in the country.Panama has approved a bill regulating the use of bitcoin and cryptocurrencies as payment.The goal is to foster job creation and make the country a leading technology hub in Latin America, a Congressman said.Panama has unanimously approved overhaul legislation to regulate the Bitcoin and...
Nuevo Léon senator, Indira Kempis, seeks to introduce legislation to make bitcoin legal tender in Mexico.Indira Kempis recently featured in an interview with Diario El Salvador discussing her intention to propose a bill that would make bitcoin legal tender in Mexico. Kempis discussed the inspiration she received in visiting El Salvador and seeing their rising financial inclusion....
The bill is the latest to join a growing cohort of state legislation being proposed to encourage bitcoin’s usage for payments.California is the latest U.S. state to jump on the bitcoin payments bandwagon.Senator Kamlager filed Bill 1275 to the state’s legislature on Friday to add a section to the government code that relates to services provided by Californian agencies to the...
The draft bill comes after the government gave the green light to Bitcoin regulation, disregarding the Bank of Russia’s concerns.Russia’s Ministry of Finance has submitted a draft bill on Bitcoin regulation in the country, weeks after the government approved the concept of creating legislation specifically for cryptocurrencies.“The use of digital currencies as a means of payment on the territory of the...
State Rep. Christofanelli said he wants to create greater economic and political freedom in Missouri.Missouri State Representative Phil Christofanelli introduced a bill on Thursday seeking to exempt bitcoin from property taxes at the state, county, and local levels.“My goal is to ensure Missouri is open to innovation and opportunity as Bitcoin, other cryptocurrencies, and blockchain applications come to the...
Another bill was introduced on the same day seeking to make Tennessee the U.S.’s top destination for Bitcoin enthusiasts.A bill was introduced in Tennessee to allow the state and municipalities to invest in bitcoin.Another bill introduced the same day seeks to establish a working group to study how Tennessee could become the nation’s top destination for Bitcoin businesses.State...
The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency.A bipartisan bill introduced Thursday would exempt bitcoin transactions from tax obligations if the associated capital gains are $200 or less, seeking to incentivize the digital currency’s usage as a medium of exchange in the U.S. economy. Currently, any gain obtained from the sale of cryptocurrency must...
Senator Wendy Rogers introduced a bill to make bitcoin a lawful currency in the U.S. state of Arizona.Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona.The bill seeks to add bitcoin to the list of instruments considered legal tender in Arizona and make the peer-to-peer...
The bill would establish a clearer framework for U.S. regulators to deal with Bitcoin and cryptocurrency.Senator Lummis is planning to introduce a detailed bill on Bitcoin and crypto next year.The bill would provide guidelines for categorizing digital assets and create a new regulatory agency to oversee the cryptocurrency market.Pro-bitcoin U.S. Senator Cynthia Lummis is preparing to...
The bill, which does not make bitcoin legal tender in Paraguay, will be discussed by the country’s Chamber of Deputies in 2022.A Paraguayan bill seeking to regulate the trading and mining of Bitcoin and cryptocurrencies in the country passed the Senate on Thursday. Senator Fernando...
The South Korean National Assembly will vote on the amendment on December 2.
Today, South Korea’s Finance Ministry confirmed that the National Assembly Planning and Finance Committee passed a bill to delay crypto taxation by one year.
Russia wants to provide regulatory clarity for the industry and gather a cut from the miner's profits by operating there.Russia wants a cut of bitcoin miners' profits as the country's hashrate grows.Lawmakers have proposed on November 11 to legalize the industry and created a working group to discuss the issue.Although mining isn't illegal there, regulatory clarity still lacks and...
The past few days have nothing short of a debacle on the Senate floor, especially in relation to crypto. Recent legislation titled the "INVEST in America Act" has been tossed back and forth in hopes of reaching a bipartisan vote. The short answer is, it has. However, it did not pass...
There are currently 25 states in the US discussing legislation over cryptocurrencies.
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