Industry Report: The Bitcoin Bill That Became Law
A Bitcoin bill becomes law, a new form of Mac malware emerges, and Steemit uses digital currency to steer traffic. Want to catch up on the latest cryptocurrency news? Take a look at the stories below: THE NEWEST BITCOIN BILL. North Carolina Governor Pat McCrory has signed a new Bitcoin bill into law, expanding the state’s Money Transmitters Act to include cryptocurrencies. The bill defines virtual money as: “A digital representation of value that can be digitally traded and functions as a medium of exchange, a unit of account, or a store of value.” The words almost seem to suggest the....
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Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains.
New Bill Introduced to Improve Oversight of Cryptocurrencies and Their Uses Globally
Senator Maggie Hassan, a member of the Senate Homeland Security and Governmental Affairs Committee, and Senator Joni Ernst introduced legislation on cryptocurrency....
A report on the use of blockchain technology as a mechanism for storing state records is set to be delivered to the Vermont legislature by 15th January. According to a summary of the bill, the study is intended to explore "opportunities and risks" for storing electronic facts using blockchain technology. The final version of the bill also requires that the report focus on addressing "unresolved regulatory issues". The mandate for the study was part of an economic development bill signed into law last summer by Governor Peter Shumlin. The law instructs the state's Attorney General, the....
Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions.
New Turkish Crypto Legislation Underway
Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last week, citing two unnamed Turkish officials familiar with the matter.
According to the officials, the governing AK Party of President Recep Tayyip Erdoğan plans to submit the cryptocurrency bill to parliament in the coming weeks.
Under the new regulatory....
Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build a consensus on a regulatory framework for crypto.
Crypto Bill Unlikely to Be Introduced in the Budget Session of Parliament
The Indian government may not introduce a cryptocurrency bill in the upcoming session of Parliament, the Economic Times reported Wednesday.
The....
The bill would potentially kick off the development of a digital rupee while banning “private cryptocurrencies.”