Better Know a Crypto Candidate: Jerrod Sessler
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on crypto.
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Which world leaders have made big promises on crypto?
Few world leaders have been openly supportive of digital assets while in office or while they were campaigning. Though the technology is relatively young and untested as a political issue, many candidates have staked their reputations on crypto and blockchain.Nayib Bukele, El SalvadorNow the former president of El Salvador as he campaigns for his next
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UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto
King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow. 484 Total views 18 Total shares The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically…
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Central African Republic video flagged ‘suspicious’ as token hits $527M
Faustion-Archange Touadera has announced the launch of an official memecoin for the Central African Republic on X, but skeptics and two AI deepfake detectors are dubious.
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Solana faces ‘lack of appetite’ from US regulators, says Austin Federa
The Solana Foundation's head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions. 317 Total views 8 Total shares Own this piece of history Collect this article as an NFTAustin Federa, head of strategy at the Solana Foundation, spoke to Cointelegraph…
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EU Finance Commissioner to Propose Unified Crypto Legislation
The European Union’s finance commissioner Valdis Dombrovskis has pledged to propose new rules to regulate cryptocurrencies such as Facebook’s Libra.As Reuters reports, speaking before EU lawmakers on Oct. 8, Dombrovskis stated:“Europe needs a common approach on crypto-assets such as Libra. I intend to propose new legislation on this.”Dombrovskis’s roleHaving served as Latvia’s prime minister and…
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3 Common Compliance and Regulatory Pitfalls to Watch for in 2020
Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a “Wild West” culture emerged when regulators, uncertain on how to tackle this thing called blockchain, paid little attention to the thefts, scams and hacks plaguing the virtual-asset…
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Australian Treasury consults public on Bitcoin foreign currency tax exclusion
The public has been provided with 25 days to share their opinion on the proposed legislation. 1597 Total views 35 Total shares Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.In a press release, Assistant Treasurer…
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US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In a letter addressed to Fidelity Investments CEO Abigail Johnson on Nov. 21, the three senators said the recent fall of FTX is more reason than any for the $4.5…