News list for "republic"

US Senator Lummis filed an amicus curiae statement saying the SEC under Gary Gensler was "not in the spirit of America"

Cryptocurrency proponent and Republican Senator Cynthia Lummis has accused the Securities Exchange Commission under former Chairperson Gary Gensler of undermining lawmakers' efforts to regulate cryptocurrencies. Lummis filed a 29-page amicus brief with the U.S. Court of Appeals for the Second Circuit in connection with the Securities Exchange Commission's (SEC) case against Coinbase, in which the SEC alleged that the exchange was not legally registered.

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2025-01-29 03:56:05
U.S. Senator Ted Cruz plans to overturn controversial IRS crypto tax rules

Republican Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week that seeks to overturn a controversial tax rule that requires certain decentralized financial brokers to file total earnings reports. A month ago, the US Internal Revenue Service created a rule that would require "DeFi brokers" to collect user transaction information in the same way as traditional securities brokers. Some "decentralized financial industry players" will have to report to...

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2025-01-18 06:49:31
Survey: US Republican Party supporters hold 41% of cryptocurrencies

New research from the University of Pennsylvania shows that 41% of Republican supporters own cryptocurrencies, significantly higher than 32% of Democratic supporters. The study took two years and surveyed more than 22,000 Americans. The survey found that cryptocurrency adoption was highest in the Southeast, such as Texas, while interest was relatively low in the Northeast and Pacific Northwest.

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2025-01-08 21:52:08
Bitwise Chief Investment Officer Comments on Czech Strategic Bitcoin Reserve Plan: The Domino Effect Begins

Matt Hougan, chief investment officer (CIO) of Bitwise, responded to news of the Czech Republic's strategic bitcoin reserve plan. Hougan had previously predicted a significant increase in bitcoin adoption this year, noting that "the dominoes are starting to fall". Yesterday, the president of the Czech National Bank (CNB), AlešMichl, said that bitcoin is being considered as part of the diversification of foreign exchange reserves. However, at present, CNB has no plans to buy crypto assets immedi...

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2025-01-08 11:39:10
South Korea imposes sanctions on North Korean cryptocurrency hackers and IT personnel

The South Korean government announced today that it has imposed sanctions on 15 individuals and an entity from the Democratic People's Republic of Korea who have been involved in illegal cyber activities, including cryptocurrency theft. The South Korean Foreign Ministry said in a statement that the 15 North Korean individuals had been working for Bureau 313 under the Ministry of Machine Industry of the Workers' Party of Korea. The department, which has been sanctioned by the United Nations Secur...

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2024-12-26 14:08:03
Goldrepublic Architect: BRICS to Focus on Gold-Backed Digital Currency

Goldrepublic content architect Alexej Jordanov said in a post published Friday by the Official Monetary and Financial Institutions Group Forum (OMFIF) that the BRICS countries have shown strong interest in developing gold-backed digital currencies as part of efforts to reduce international trade dependence on the US dollar.

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2024-12-22 13:19:56
Goldrepublic架构师:金砖国家关注黄金支持的数字货币

Goldrepublic 内容架构师 Alexej Jordanov 发文表示,金砖国家对开发黄金支持的数字货币表现出浓厚兴趣,这是减少国际贸易对美元依赖的努力之一。该文章于周五由官方货币和金融机构论坛(OMFIF)发布。

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2024-12-22 13:19:56
NVIDIA is suspected of violating the Antimonopoly Act and the State Administration of Market Supervision decides to file an investigation according to law

Recently, due to NVIDIA's suspected violation of the Antimonopoly Act of the People's Republic of China and the Announcement of the State Administration for Market Regulation on the Anti-Monopoly Review Decision on Approving NVIDIA's Acquisition of the Equity of Melos Technology Co., Ltd. (Announcement [2020] No. 16 of the State Administration for Market Regulation), the State Administration for Market Regulation has launched a case investigation against NVIDIA according to law. (City said Xinyu...

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2024-12-09 19:49:51
Czech Republic implements financial reforms to become a crypto hub, allowing crypto companies and investors to open bank accounts

On December 9th, according to Crowdfundinsider, the Czech Republic has approved a wide-ranging financial marekt reform aimed at promoting the development of the cryptocurrency and blockchain sector, a move aimed at positioning itself as a cryptocurrency hub. The newly passed legislation reportedly addresses key hurdles faced by cryptocurrency companies and investors, demonstrating the country's determination to embrace digital finance. At the heart of the reform is the guarantee that cryptocurre...

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2024-12-09 13:35:27
The new Czech tax law encourages long-term holding of currency, and holding it for more than 3 years is exempt from capital gains tax

According to the Parlamentní Listy news website, the Czech Republic's new tax exemption law introduces clear conditions explaining the conditions under which cryptocurrency transactions can be exempt from personal income tax. Among them: Exemption is available if an individual's gross annual income from crypto asset transactions does not exceed CZK 100,000 (approximately $4,000). In addition, digital assets held for more than three years before sale are also eligible for tax exemption.

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2024-12-07 09:57:03
The Czech Republic has agreed to abolish the capital gains tax on bitcoin held for more than three years

The Czech Republic's parliament has unanimously approved the abolition of capital gains taxes on bitcoin held for more than three years.

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2024-12-06 20:34:03
According to the Futures and Derivatives Law of the People's Republic of China, the Regulations on the Administration of Futures Trading, and the relevant provisions of the China Securities Supervision Commission, the Guangzhou Futures Exchange is steadily advancing the research and development of polysilicon futures and polysilicon options, and studying...

According to the Futures and Derivatives Law of the People's Republic of China, the Regulations on the Administration of Futures Trading and the relevant provisions of the China Securities Supervision Commission, the Guangzhou Futures Exchange is steadily advancing the research and development of polysilicon futures and polysilicon options, and has developed the Guangzhou Futures Exchange Polysilicon Futures Contract (exposure draft), Guangzhou Futures Exchange Polysilicon Options Contract (expo...

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2024-12-02 19:56:43
Supreme Inspection: Enhancing the ability to crack down on money laundering crimes using new technologies and products such as virtual currencies

The newly revised "Anti-Money Laundering Law of the People's Republic of China" will come into force on January 1, 2025. Ying Yong, Secretary of the Supreme People's Procuratorate Party Group and Prosecutor General, stressed that it is necessary to coordinate and strengthen the fight against money laundering crimes, accurately grasp the provisions of the revised Anti-Money Laundering Law on improving the scope of predicate crimes of money laundering, implement the Anti-Money Laundering Law and t...

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2024-11-29 17:23:01
China and Peru agreed to strengthen cooperation in areas such as the digital economy and promote the development of exponential technologies such as AI and blockchain

According to Xinhua News Agency, the joint statement of the People's Republic of China and the Republic of Peru on deepening the comprehensive strategic partnership, the two sides agreed to strengthen cooperation in the fields of digital economy, scientific and technological innovation, digital transformation, scientific and technological talent exchange, technology transfer, digital security, etc., and promote the development of artificial intelligence, robotics, Internet of Things, blockchain,...

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2024-11-17 17:17:08
List of important developments at noon on November 12

7:00-12:00 Keywords: Republican Party, Tether, Nano Labs, UK 1. Institutions: The Republican Party of the United States takes control of the House of Representatives; 2. Tether minted 2 billion USDT on Ethereum in the early morning; 3. Nano Labs announced that it accepts bitcoin as payment for its goods and services. 4. The market value of Ethereum surpassed that of Procter & Gamble, and the global asset market value ranked 32nd. 5. Informed sources: The UK plans to pilot a blockchain-based digi...

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2024-11-12 12:00:21