US Congressman Tom Emmer Drafts Bills To Support Blockchain And Cryptocurrencies

News, Regulation | September 24, 2018 By:

Tom Emmer, the US Representative for Minnesota’s 6th congressional district, has announced that he will introduce three bills to support blockchain technology and cryptocurrencies.

“The United States should prioritize accelerating the development of blockchain technology and create an environment that enables the American private sector to lead on innovation and further growth,

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California Bans Crypto Campaign Contributions

News, Regulation | September 21, 2018 By:

The Fair Political Practices Commission (FPPC), California’s campaign finance watchdog, has prohibited the use of cryptocurrency in political contributions in the state.

On Thursday, the campaign finance watchdog voted 3-1 to ban political donations in cryptocurrencies. The FPPC said that the anonymity such donations provide would make it difficult to identify who is trying to influence elections.

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Cryptojacking Is An Emerging Cybercrime Trend, Says Europol

Crime, News | September 20, 2018 By:

European law enforcement agency Europol has published a new report that provides insights into emerging threats in the crypto sector.

In its “Internet Organized Crime Threat Assessment 2018” (IOCTA) report, the agency warned that cybercriminals are adopting creative new techniques to target their victims at an unprecedented pace and are constantly seeking methods to avoid law enforcement detection.

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Crypto Tax Bill Proposed By Ukrainian Parliament

News, Regulation | September 18, 2018 By:

The Verkhovna Rada, the Ukrainian parliament, has proposed a bill that would tax residents’ crypto-related profits.

Initiated by 23 government officials, the tax bill proposes a 5 percent tax on profits that private individuals and corporate entities realize from trading their cryptocurrencies. The bill states that these profits must be reported separately from other forms of income.

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