US Treasury names development of cryptocurrency tax guidance a priority
The US Department of the Treasury confirmed its plans to publish guidance on cryptocurrency taxation.
US Treasury names development of cryptocurrency tax guidance a priority
The US Department of the Treasury confirmed its plans to publish guidance on cryptocurrency taxation.
Poll: one in four Americans would back Bitcoin legalization
27% of Americans expressed a positive view of the hypothetical scenario of recognizing Bitcoin as a payment method. The results came from the research organization YouGov.
Not Regulated and Not Prohibited: Ukraine Explains Mining Status
The Law on Virtual Assets does not affect the mining sector. Accounting issues, including the mining of cryptocurrencies, will be laid out in a specialized bill amending the Tax Code. This was conveyed to ForkLog by Konstantin Yarmolenko, head of the advisory group of the inter-factional association of MPs Blockchain4Ukraine.
Former CFTC chair calls for clear regulation of the crypto industry
The clash between Coinbase's bitcoin exchange and the U.S. Securities and Exchange Commission (SEC) underscores the need for clearer rules for the cryptocurrency industry. This was stated by former CFTC chair Christopher Giancarlo, according to CoinDesk.
SEC again extends review of VanEck’s Bitcoin ETF filing
The Securities and Exchange Commission will decide VanEck's Bitcoin ETF filing on November 14 — 60 days earlier than the previously stated deadline.
Ukraine Recognises Cryptocurrencies: A Detailed Analysis of the Law on Virtual Assets
The Ukrainian Parliament has passed the Law on Virtual Assets, regulating cryptocurrency operations. ForkLog spoke with the bill’s authors, the Ministry of Digital Transformation, and independent lawyers.
Charles Hoskinson Predicts Bitcoin Will Be Recognised by Other Countries Following El Salvador
Other countries will follow El Salvador's example and legalise Bitcoin. This view was expressed by Charles Hoskinson, founder and CEO of IOHK, the company behind Cardano.
El Salvador’s Bitcoin legalization triggers sell-off in its government bonds
El Salvador's sovereign debt market came under selling pressure as bitcoin traded below $44,000. On the same day, the law recognizing bitcoin as a legal tender came into force, Bloomberg reports. The yields on El Salvador's near-term sovereign bonds rose above those of longer-dated papers. The inverted yield curve signals risks of recession and problems in servicing the country's obligations.
Ukraine passes law on virtual assets
On 8 September, the Verkhovna Rada of Ukraine adopted in the second reading and in full the draft law 'On Virtual Assets', regulating cryptocurrency operations in the country.
SEC threatens Coinbase with lawsuit over planned crypto-savings accounts
The U.S. Securities and Exchange Commission (SEC) warned the cryptocurrency exchange Coinbase of potential legal action if it launches crypto-savings accounts based on USD Coin (USDC) yielding 4% annually, over their treatment as “securities.”
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