# Law professor calls for crypto mining regulation during US Senate hearing

# Law professor calls for crypto mining regulation during US Senate hearing

“# Law professor calls for crypto mining regulation during US Senate hearing ” Tuesday’s crypto hearing before the United States Senate Committee on Banking, Housing and Urban Affairs also included a call for stricter regulations on cryptocurrency miners. Addressing the committee, professor Angela Walch claimed that miners held “meaningful power” over the way blockchain networks…

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# Kazakhstan to reportedly allow banks to process crypto purchases

# Kazakhstan to reportedly allow banks to process crypto purchases

“# Kazakhstan to reportedly allow banks to process crypto purchases ” The Kazakhstan government is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions. Several banks in Kazakhstan will soon be officially approved to service companies and businesses providing exposure to cryptocurrencies like Bitcoin (BTC), local news channel Khabar…

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# Blockchain Australia calls the state for crypto safe harbor

# Blockchain Australia calls the state for crypto safe harbor

“# Blockchain Australia calls the state for crypto safe harbor ” Blockchain Australia, a major association representing the local cryptocurrency industry, has officially introduced its crypto regulation recommendations to the federal government. The association filed a submission to the Senate Select Committee on Australia as a Technology and Financial Centre last Friday, calling the government to…

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# SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs

# SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs

“# SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs ” Securities and Exchange Commissioner (SEC) Hester Peirce voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETF). During an online appearance at the Bitcoin (BTC) conference “The B Word,” Peirce pinpointed that many other countries like Canada…

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# Get a passport, pay crypto, live tax-free?

# Get a passport, pay crypto, live tax-free?

“# Get a passport, pay crypto, live tax-free? ” Way back in 2014, the United States Internal Revenue Service (IRS) ruled that cryptocurrency is property in Notice 2014-21. That classification as property has some big tax consequences accentuated by wild price swings. Buying and selling crypto can trigger gain or loss and be taxable. Yes,…

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# New EU proposal looks to tighten regulations for sending cryptocurrency

# New EU proposal looks to tighten regulations for sending cryptocurrency

“# New EU proposal looks to tighten regulations for sending cryptocurrency ” The European Commission has submitted a new proposal which would require crypto-asset service providers to collect additional anti-money laundering, or AML, information from users who utilize cryptocurrency for money transfers. The stated purpose of this proposal is to prevent the further propagation of…

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