Category: Legislation

Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition

Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition

Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill. 3715 Total views 198 Total shares A Californian congresswoman has written to Speaker Nancy Pelosi expressing concerns about the controversial new mandate for crypto tax reporting. Anna Eshoo, who represents California’s 18th Congressional District, penned a letter to the Democratic […]

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Congress passes digital asset innovation act to clarify crypto regulations

Congress passes digital asset innovation act to clarify crypto regulations

U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America. 2715 Total views 39 Total shares The U.S. House of Representatives on Tuesday passed H.R. 1602 — the Eliminate Barriers to Innovation Act — introduced by Congressman Patrick McHenry (R-NC). H.R. 1602 was among six bipartisan financial services-related bills […]

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One of Pakistan’s four provinces urges federal govt to legalize crypto

One of Pakistan’s four provinces urges federal govt to legalize crypto

The draft resolution reportedly notes that digital currencies are likely to replace paper currencies in the future. 4099 Total views 30 Total shares The assembly of Khyber Pakhtunkhwa, a province in northwestern Pakistan, has become the first legislative assembly to call for changes in the country’s stance toward cryptocurrencies. As previously reported, Pakistan has, to […]

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