Former EU Parliament Member Godfrey Bloom Who Calls Banking System a Scam Bou...
Former Member of the European Parliament Godfrey Bloom has bought his first bitcoin. The British politician is famed for numerous controversial views, such as calling the entire banking system a scam and the state an institution of theft. Godfrey Bloom Now Owns Bitcoin Godfrey Bloom is a British politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from 2004 to 2014. He was elected for the U.K. Independence Party but later served as an Independent. Bloom has also published six books on military history and the Austrian School of Economics. The....
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This week, former British politician, author, and more, Godfrey Bloom revealed his plan to buy his first Bitcoin. But why? Here are the three primary reasons that the former parliament member would consider investing in the leading cryptocurrency by market cap. Who Is Godfrey Bloom, And Why Did He Decide To Buy Bitcoin? Godfrey Bloom was born in 1949 in London, England. From an early military career, Bloom turned his expertise toward economics. Later on, […]
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member Sushil Kumar Modi shared his view on cryptocurrency in an interview with Forkast, published Tuesday. Modi is a member of Rajya Sabha, the upper house of India’s parliament. He recently made headlines when he urged the Indian government to impose more than 30% tax on crypto income prior to....
A new European Parliament draft report on digital currencies calls for the creation of a task force specifically devoted to the technology. The report, penned by European Parliament member (MEP) Jakob von Weizsäcker of the Committee on Economic and Monetary Affairs, seeks the establishment of a task force, with its own budget and dedicated staff, that would study digital currencies and provide policy advice to the European Union and member-states. Further, the report calls for tightening regulation of both exchanges and wallet service providers – something the European Commission, the....
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto.
Indian Parliament Member Wants to Tax Crypto Income More Than 30%
India’s Finance Bill 2022 containing the proposed 30% tax on crypto income is now being considered in Rajya Sabha, the upper house of India’s parliament.
Parliament member Sushil Kumar Modi....
With impending confirmation as the country’s top banking supervisor, will Sarah Bloom Raskin implement a bitcoin bias in Federal Reserve regulation?