Showing articles in Bitcoin Regulation

BPI Aims for August to Implement BTC Tax Break Amid Time Constraints

The Bitcoin Policy Institute is pushing for a Bitcoin tax exemption and acknowledges that the legislative window is closing.

Crypto

South Korea’s Supreme Court Declares Exchange-held Bitcoin Seizable

The decision by South Korea's top court signifies a significant shift in the legal treatment of Bitcoin held in exchanges, now classified as seizable under criminal law.

News

Bitcoin ATM Company Considers $100 Million Sale Amid CEO's Legal Troubles

Crypto Dispensers is evaluating a potential $100 million sale as its CEO faces serious federal money laundering charges.

News

California's New Law: Possible Recovery for Lost Bitcoin

A new law in California mandates that abandoned Bitcoin must be retained in its original format, potentially facilitating recovery for crypto investors.

Banking

Vietnam's Central Bank Projects Strong Credit Growth as Crypto Gains Traction

Vietnam's central bank anticipates a significant rise in credit growth, reflecting the nation's increasing embrace of cryptocurrencies.

News

AfD in Germany Calls for Bitcoin to Be Recognized as a Strategic Asset

Germany's Alternative for Germany party seeks regulatory reforms to promote Bitcoin's adoption as a strategic digital asset.

Crypto

Vietnam's Central Bank Projects Credit Growth Amidst Rising Crypto Adoption

Vietnam is seeing a surge in cryptocurrency adoption, prompting its central bank to expect significant credit growth in the coming years.

Economy

Norway Experiences Significant Increase in Crypto Reporting for 2024

The Norwegian Tax Administration reported a 30% rise in the number of individuals declaring cryptocurrency holdings for the 2024 tax year, totaling over $4 billion.

Finance

Funding for U.S. Bitcoin Reserve Could Begin Soon, Says Senator Lummis

Senator Cynthia Lummis indicates that the process to fund a U.S. Strategic Bitcoin Reserve could commence, though legislative delays are currently an obstacle.

Crypto

UK and US Collaborate on Crypto Regulatory Framework, Says Former MP Lisa Cameron

Lisa Cameron, ex-UK MP, discusses the potential of a transatlantic crypto sandbox between the UK and the US amidst ongoing regulatory talks.

Banking

Bitcoin Group Urges US Fed to Revise Bitcoin Regulations

The Bitcoin Policy Institute is advocating for a review of how Bitcoin is classified under the Basel framework to correct what it calls a 'toxic' designation.

Economy

Dutch Parliament Moves Forward with Controversial 36% Tax on Capital Gains

The Dutch House of Representatives has advanced a proposal for a significant capital gains tax affecting various investments, including cryptocurrencies.

Crypto

Europe Advances with MiCA as US Crypto Regulations Remain Unclear

With Europe rolling out the MiCA regulations and the US yet to define its crypto rules, the terrain for global crypto markets is shifting significantly.

Ecosystem

Kansas Set to Establish State-Controlled Bitcoin Reserve Fund

Lawmakers in Kansas are drafting legislation for a Bitcoin reserve funded through unclaimed digital assets.

News

Grayscale Forecast: Bitcoin Set to Break New Ground by 2026

Grayscale suggests that Bitcoin's recent dip signals a local bottom rather than a peak, pointing towards potential new highs in 2026.

News

Accusations Against JPMorgan: Bitcoiners Claim Bank Is Undermining Competitors

Bitcoin community reacts strongly to JPMorgan's new Bitcoin-backed investment notes, alleging the bank seeks to undermine its competitors.

Crypto

Revised SEC 2025 Strategy Aims to Enhance Crypto Regulation Clarity

The SEC's 2025 agenda seeks to establish clearer regulations and strengthen oversight for the cryptocurrency sector, potentially affecting global regulations.