Tag Archives: Bill

Bill to Exempt Crypto From Securities Laws Will Be Delayed, Says Attorney: ‘Don’t Hold Your Breath’

Crypto attorney Jake Chervinsky doesn’t believe that a bill to exempt cryptocurrencies and ICOs from US securities law will be approved anytime soon. He cited the bureaucratic inefficiency of Washington as a key reason for his pessimistic outlook. Continue reading Bill to Exempt Crypto From Securities Laws Will Be Delayed, Says Attorney: ‘Don’t Hold Your Breath’

U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

United States Congressman Tom Emmer (MN-06) this week reintroduced a bill designed to provide regulatory clarity for cryptocurrency companies. Tagged the ‘Blockchain Regulatory Certainty Act’, it was initially introduced on the floor of the house in September 2018 alongside two other cryptocurrency-related legislative namely a House resolution to express support for cryptocurrency and blockchain technology, and the Safe Harbor for Taxpayers with Forked Assets Act of 2018, aims to address confusion surrounding how to report gains made as a result of cryptocurrency forks to the Internal Revenue Service (IRS). Continue reading U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency

The Cabinet, the executive organ of the government of Ireland, has approved a bill that would give effect to the European Union (EU) Fifth Anti-Money Laundering (AML) Directive, the Irish Times reported Jan. 3. Continue reading Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency

Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight

A new bill which will impact electronic wallets and digital payment tokens such as bitcoin has been tabled in Singapore’s parliament. The Payment Services Bill will place the providers of payment services that are not under the regulatory oversight of Money-Changing and Remittance Businesses Act and the Payment Systems Oversight Act under the umbrella of Singapore’s central bank, the Monetary Authority of Singapore (MAS). Continue reading Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight