Crypto bills

crypto bills

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Another Nonsense Crypto Bill From Warren
A key congressional committee on Wednesday advanced a bipartisan bill that aims to develop a regulatory framework for cryptocurrencies. According to a joint bill published Thursday by lawmakers from the U.S. House and Senate, provisions that would create an anti-money-laundering. With Congress passing its first regulatory bill for the crypto industry, a long-awaited victory has been achieved, while a parallel discussion.
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ET Exclusive: Here's how govt could tax your Cryptocurrency investment The main problem with the taxation of cryptocurrencies is that there is no clarity on what cryptocurrencies are. Cryptocurrency is defined as any information, code, or token which has a digital representation of value and has utility in a business activity, or acts as a store of value, or a unit of account. Regulation of cryptocurrency Ban on cryptocurrencies: The draft Bill bans the use of cryptocurrency as legal tender or currency.