Sunday 7 July 2019

Lawmakers Push for New Bitcoin Rules


https://on.wsj.com/2Jj6KXF to the article, 3 pieces of legislation is being introduced. The article isn't clear on what the third one is, but the two it does mention specifically are:​The Token Taxonomy ActWould exempt digital tokens from being defined as securities, and would grant cryptocurrency a de minimus exemption. Meaning that buying a cup of coffee would no longer be a taxable event.​The Blockchain Regulatory Certainty ActThis would exempt non-financial businesses using blockchain, from being defined as money transmitters. via /r/Bitcoin http://bit.ly/2XuZ4FF

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