‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law.
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The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law.
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions.
A crypto island in the South Pacific where fiat is not allowed is making waves: Modular homes under construction, NFT citizenship applications and a promise of a decentralized future.
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well.
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere," said Sheila Warren.
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and One River’s to June 2.
Malaysia’s finance minister previously warned that crypto payments were illegal as they did not meet the universal characteristics of money.
Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do "business with Russia-based crypto wallets" amid the situation with Ukraine.
“Overattributing cybercrime to cryptocurrency misses critical causes and preventive measures which can be taken,” said former FinCEN acting director Michael Mosier.
Head of international policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions.