Ex-Fin Secy who Drafted Bill

Ex-Fin Secy who Drafted Bill

With the winter session of the Parliament officially kick-starting, I sat down with Subhash Garg, the former finance secretary who drafted the Crypto Bill to understand what has changed from 2019 to now. The description of the listed bill – The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 said that all private cryptocurrencies … Read more

Cryptocurrency Bill 2021 Live Updates: Crypto & Official Digital Currency Bill To be Introduced in Parliament Winter Session

Financial Express - Business News, Stock Market News

Modi Govt to introduce Cryptocurrency Bill 2021 in Parliament during Winter Session. Cryptocurrency Bill 2021 in Parliament Live Updates: The Central Government is set to introduce the much-awaited The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in Parliament during the ongoing Winter Session, starting today. The Crypto industry is awaiting a positive regulation … Read more

crypto bill: The get-rich-quick crypto wave can lead to more meaningful crypto products

crypto bill: The get-rich-quick crypto wave can lead to more meaningful crypto products

The crypto mania generated a kind of lure of easy money few other things could match. Overnight rises of 64,000% per cent are almost inconceivable and defy any logic of investment and growth. This, coupled with the ever-extending advisements from crypto exchanges started luring everyone to this crypto maze. Then came NFT cryptos. Everyone thought … Read more

Crypto Prices Crash After Government Announces Ban On Private Crypto Coins In Winter Session’s Bill

The Bill That Caused Massive Crypto Crash: Explained

The upcoming crypto bill aims toregulate the digital currency in IndiaHours after the government announced that it will introduce the cryptocurrency bill in the Parliament’s winter session, which seeks to prohibit all private cryptocurrencies in the country, all crypto prices crashed by 15 per cent and more. As of 11:45 PM on November 23, all major cryptocurrencies saw a fall … Read more

Crypto Prices Crash After Centre Plans Bill To Bar Private Cryptocurrencies

NDTV News

All crypto prices crashed by 15 per cent and more, hours after the government announced that it will introduce the cryptocurrency bill in the Parliament’s winter session, which seeks to prohibit all private cryptocurrencies in the country, with a few exceptions.Also, the government will introduce the Banking Laws (Amendment) Bill 2021 – which aims to privatise two public … Read more

Crypto Regulation Tucked Into Infrastructure Bill Raises Surveillance Concerns; Receivers Would Have To Collect Tax IDs on Transactions Over $10,000

Gavel over U.S. flag and Bitcoin showing crypto regulation in infrastructure bill

A little-known law from 1984, originally intended to discourage large cash transfers, has been repurposed as a crypto regulation and tucked into the massive US infrastructure bill. The new rule would require receivers of a crypto payment that totals at least $10,000 to collect and report the Social Security number or tax ID of the … Read more

Biden signs infrastructure bill, handing crypto broker definitions to the US Treasury

Biden signs infrastructure bill, handing crypto broker definitions to the US Treasury

President Joe Biden signed the Infrastructure Investment and Jobs Act into law on Monday, with controversial crypto tax definitions now in the Treasury Department’s hands. Biden appeared alongside Congressional leadership on the White House lawn in an event advertised as a bipartisan show of support for the new legislation and “the historic benefits the Bipartisan … Read more

Cryptocurrency exchanges, experts raise concerns over government’s Budget Crypto Bill plan

Cryptocurrency exchanges, experts raise concerns over government's Budget Crypto Bill plan

Crypto exchanges are lobbying for definition of different types of crypto assets while the government looks to table the cryptocurrency bill in the parliament this budget session, said people with direct knowledge of the matter. The government’s current plan includes creating a broad framework around crypto assets that would give them a legal credence in … Read more

ether hit an all-time high, NFT.NYC, infrastructure bill

ether hit an all-time high, NFT.NYC, infrastructure bill

The cryptocurrency market is now worth over $3 trillion, according to CoinGecko. This comes as the top digital coins, including ether and bitcoin, rally on Monday.Ether, the second-largest cryptocurrency by market value under bitcoin, hit a new all-time high above $4,700 on Monday. It is currently trading at around $4,785, according to Coin Metrics data.Along … Read more

House Sends Infrastructure Bill With Crypto Tax Provision to US President

House Sends Infrastructure Bill With Crypto Tax Provision to US President

Another provision included in the bill to amend Tax code section 6050I has also stoked fear in the crypto industry. The law, written nearly 40 years ago to apply to in-person cash transactions over $10,000, essentially requires recipients to verify the sender’s personal information and record their Social Security number, the nature of the transaction … Read more

Wild without GM Bill Guerin, multiple coaches due to COVID-19 protocol

Wild without GM Bill Guerin, multiple coaches due to COVID-19 protocol

The Minnesota Wild will be without two assistant coaches and a video room staffer due to COVID-19 protocol as they begin a three-game road trip Tuesday starting in Vancouver, general manager Bill Guerin said.Guerin said he also was in COVID-19 protocol recently and is not with the team in Vancouver because he tested positive for … Read more