New Zealand Adopts OECD Crypto Reporting Framework in Latest Tax Bill
The OECD crypto reporting system is set to be implemented with a new proposal from the Minister of Revenue in New Zealand.
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Latest firstNigeria’s Tax Authority Proposes Comprehensive Crypto Bill
The FIRS is asking the National Assembly to approve a new law governing crypto in the nation.
US House Greenlights FIT21 Crypto Bill with Bipartisan Backing
Legislation to create regulatory certainty over digital assets was supported by the majority of members of the US House of Representatives.
Oklahoma Passes Crypto Bill that Protects Right to self-custody Digital Assets
Key Takeaways Oklahoma Governor Kevin Stitt has signed a Bitcoin Rights Bill bill that establishes a legal framework for blockchain technology and digital assets. The bill, HB3594, introduced by Republican state Rep. Brian Hill and carried by Republican state Sen.…
Virginia Senate Passes Pro-Crypto Legislation
Key Takeaways The Virginia Senate passed a significant bill aimed at advancing the understanding and utilization of blockchain technology and cryptocurrencies within the state. Senate Bill No. 339, introduced on Feb. 5, proposed the creation of a dedicated workgroup tasked…
US Virginia Senate Bill Proposes Favorable Rules for Crypto Mining
Key Takeaways Saddam Azlan Salim, a state senator in Virginia, has presented Senate Bill 339 (SB 339), aimed at preventing state authorities from hindering citizens in engaging in various cryptocurrency and bitcoin-related activities. Introduced on January 9, the bill addresses…
Singapore’s Proposed Bill Aims to Extend Regulatory Oversight on Crypto Financial Products
Under a law that is now in the country's parliament, the Monetary Authority of Singapore (MAS) will be given more authority.
Pro-Blockchain Bill Secures Approval in U.S House Committee
Key Takeaways In a notable development for the cryptocurrency industry, the U.S. House Committee on Energy and Commerce has unanimously approved the Deploying American Blockchains Act of 2023, a 13-page legislation that directs the U.S. Secretary of Commerce to actively…
Taiwan Proposes First Digital Asset Regulation Bill
Key Takeaways Taiwan has taken a significant step towards regulating digital assets by presenting its inaugural Virtual Asset Management Bill to the Legislative Yuan for its initial review. This legislation aims to establish a framework for overseeing the digital asset…
Kansas Pushes Back Crypto Bill Impacting Political Donations to January 2024
The Kansas state legislature has postponed consideration of a bill that would have restricted and outlawed cryptocurrency contributions to political elections until January 2024.