Bulgarian Revenue Agency Announces Inspection of Cryptocurrency-Selling Companies

The Bulgarian National Revenue Agency has announced the launch of inspections of cryptocurrency-selling companies. The Bulgarian National Revenue Agency (NRA) has announced the launch of inspections of cryptocurrency-selling companies, English-language Sofia-based news outlet novinite reports on Jan. 14. The objective of the investigation is to assure compliance with tax and social security regulation, as the […]

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US Representative Soto: Most Cryptos Need CFTC’s Light Touch, Not SEC Oversight

U.S. congressman Darren Soto has argued that applying federal securities laws to cryptocurrencies can hurt the market. United States congressman Darren Soto has said that most cryptocurrencies should not be regulated under the country’s securities regulator. Soto made his comments in an interview with financial news channel Cheddar on Jan. 10. According to Soto, crypto […]

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Ukraine: Overregulation Prevents Crypto Development, Says Central Bank Official

Ukraine’s central bank official says there are too much regulators in the country trying to oversee the cryptocurrency industry, urges to weaken control. Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, […]

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Israel National Economic Council Chair: BTC ‘Intrinsically Inefficient, Will Disappear’

The head of Israel’s National Economic Council has denounced Bitcoin as “intrinsically inefficient,” predicting it will disappear. Israel’s economics “tsar” Avi Simhon has denounced Bitcoin (BTC) as intrinsically inefficient, predicting that the cryptocurrency will therefore disappear. A Cointelegraph correspondent reported that Simhon — the head of the National Economic Council and senior economic policy advisor […]

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Nevada Issues Almost 1,000 Marriage Certificates on Ethereum, But Gov’t Acceptance Varies

Blockchain is facing some obstacles to acceptance at local government level in Nevada despite proactive policy. Blockchain technology has already found its way into local government services in the United States, but Nevada particularly is proactive, the AP reported on Jan. 7. Citing specifically the use of blockchain to issue digital marriage certificates, the publication […]

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