Swedish Bitcoin Reserve Proposal: Lawmakers Urge Finance Minister To Follow U...
Amid the global efforts to adopt crypto, members of the Riksdag, the Swedish Parliament, are urging the country’s finance minister, Elisabeth Svantesson, to evaluate a Bitcoin (BTC) Reserve for Sweden’s holdings. Related Reading: SEC Delays Decision On Staking For Grayscale’s Ethereum ETFs Swedish Lawmaker Proposes Bitcoin Reserve On Monday, Member of the Swedish Parliament and […]
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As the global interest in Bitcoin (BTC) continues to rise, a Swedish lawmaker is advocating for the establishment of a national Bitcoin reserve, mirroring initiatives taken by the United States under President Donald Trump. Sweden Eyes Strategic Bitcoin Reserve Dennis Dioukarev, a Member of the Riksdag representing the Sweden Democrats, has formally approached Finance Minister […]
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.”
Members of Congress Urge Fed Chair Powell to Support Crypto Innovation
Several U.S. Congress members have sent a letter to Fed Chair Jerome Powell asking him several questions regarding the Fed’s effort on cryptocurrency regulation. The bipartisan letter is signed by Reps. Tom Emmer, Darren Soto, Frank....
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.”
Indian Finance Minister on Crypto Ban and Regulation
Indian Finance Minister Nirmala Sitharaman answered some questions about cryptocurrency on Monday in Lok Sabha, the lower house of India’s parliament.
Parliament Member Thirumavalavan Thol asked the finance....
The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included.
The Digital Transactions Tax
A minority of lawmakers in the Ghana legislature recently rejected a government proposal to introduce a 1.75% levy on digital transactions including mobile-money payments. The lawmakers argued such a levy would slow down the country’s plan to increase the proportion of financially included adults....
Finance Minister of India, Nirmala Sitharaman has revealed that Reserve Bank Of India insists a ban on cryptocurrency. Despite making their stance on digital asset clear, India continues to seek global collaboration for imposing the ban. The government should come up with clear regulations however, the status of the ban remains murky considering the support […]