Keep Your Coins Act: US Lawmaker Introduces Bill to Protect Privacy in Crypto...
A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.” US Lawmaker Seeks to Protect Privacy in Crypto Transactions With ‘Keep Your Coins Act’ The office of Congressman Warren Davidson (OH-R) announced Thursday that the lawmaker has introduced the Keep Your....
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New York lawmaker Clyde Vanel has introduced a legislative bill that would allow state agencies to accept cryptocurrency as a form of payment. This move marks the latest development in the US’s favorable approach towards the crypto industry following President Donald Trump’s inauguration in January. Related Reading: BREAKING: Trump Signs Bill To Kill IRS Crypto […]
A Californian lawmaker has added Bitcoin (BTC) and crypto rights to the amended Assembly Bill 1052 (AB1052) to recognize digital assets as a payment method, secure self-custody, and protect investors. Related Reading: Dogecoin Not Part Of D.O.G.E Plans, Clarifies Elon Musk California Adds Bitcoin Rights To Digital Asset Bill California’s Banking and Finance Committee chairman, […]
If passed, the “K.Y.C.” bill would protect the ability to act as a self-custodian and conduct peer-to-peer transactions.
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,” said the parliament member who introduced the bill.
Bill to Grow Crypto Sector Launched in Canada
Canadian parliament member Michelle Rempel Garner introduced “Bill C-249” on Wednesday, which “may be cited as the Encouraging the Growth of the Cryptoasset Sector....
US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains or losses on ‘forked assets’ until the IRS issues sufficient guidance on how to do so.” Bill Aimed at Protecting Crypto Investors Introduced The office of Congressman Tom Emmer announced this week that the congressman has introduced the bill entitled “Safe Harbor for Taxpayers....