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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
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Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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Brazil Gets Crypto Laws, Industry Players Get 180 Days to Comply: Details
Jair Bolsonaro, the President of Brazil has signed the previously proposed crypto bill into a law. Upcoming crypto firms that aim to set up shop in Brazil, will also have to now obtain a relevant ‘virtual service provider’ licence to legally operate there. Under the new laws, once the crypto firms bag their approvals, they will be able to estab...
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Shiba Inu Bill Payments Now Enabled in One of Dubai’s Highest Rated Hotels, Details Here
W Dubai – The Palm, one of the highest rated extravagant hotels in Dubai has opened payments in the Shiba Inu cryptocurrency. Booking rooms for this Mariott International-owned hotel roughly costs between $147 (roughly Rs. 12,000) - $655 (roughly Rs. 53,000), payments of which can now be made via SHIB. Back in September, the Palazzo Versace Dubai...
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US to Bring Crypto, Traditional Assets Under Same Regulatory Framing, Senator Spills Beans
The US is yet to unveil its regulatory framework to govern and monitor the crypto industry. Senator Cynthia Lummis is working on a crypto-related bill, details of which she revealed in a recent interview. The senator is focussing on making a proposal that brings the crypto sector under government jurisdiction, without barring any scope for developm...
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Ukraine Crisis: US Senator Elizabeth Warren Working to Curb Scope of Sanction Evasions via Crypto for Russians
US Senator Elizabeth Warren will soon be releasing a bill instructing crypto exchanges in the US on how to lawfully handle Russian users against exploiting cryptocurrencies. Warren is among US lawmakers who are concerned that these decentralised financial assets could be used by Russians to evade sanctions imposed by the US in the backdrop of Russi...
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Prison, Fine Of Up To Rs 20 Crore: Details From India's Draft Crypto Bill
As the underlying technology of crypto-assets is still evolving and has many uses, the bill proposes exemption to any person using the technology underlying any cyrptoasset for any lawful activity.
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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
-
Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Brazil Gets Crypto Laws, Industry Players Get 180 Days to Comply: Details
Jair Bolsonaro, the President of Brazil has signed the previously proposed crypto bill into a law. Upcoming crypto firms that aim to set up shop in Brazil, will also have to now obtain a relevant ‘virtual service provider’ licence to legally operate there. Under the new laws, once the crypto firms bag their approvals, they will be able to estab...
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Shiba Inu Bill Payments Now Enabled in One of Dubai’s Highest Rated Hotels, Details Here
W Dubai – The Palm, one of the highest rated extravagant hotels in Dubai has opened payments in the Shiba Inu cryptocurrency. Booking rooms for this Mariott International-owned hotel roughly costs between $147 (roughly Rs. 12,000) - $655 (roughly Rs. 53,000), payments of which can now be made via SHIB. Back in September, the Palazzo Versace Dubai...
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US to Bring Crypto, Traditional Assets Under Same Regulatory Framing, Senator Spills Beans
The US is yet to unveil its regulatory framework to govern and monitor the crypto industry. Senator Cynthia Lummis is working on a crypto-related bill, details of which she revealed in a recent interview. The senator is focussing on making a proposal that brings the crypto sector under government jurisdiction, without barring any scope for developm...
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Ukraine Crisis: US Senator Elizabeth Warren Working to Curb Scope of Sanction Evasions via Crypto for Russians
US Senator Elizabeth Warren will soon be releasing a bill instructing crypto exchanges in the US on how to lawfully handle Russian users against exploiting cryptocurrencies. Warren is among US lawmakers who are concerned that these decentralised financial assets could be used by Russians to evade sanctions imposed by the US in the backdrop of Russi...
-
Prison, Fine Of Up To Rs 20 Crore: Details From India's Draft Crypto Bill
As the underlying technology of crypto-assets is still evolving and has many uses, the bill proposes exemption to any person using the technology underlying any cyrptoasset for any lawful activity.
