Czech Republic to Eliminate Taxes on Long-Term Crypto Gains
The country’s central bank is also looking at whether or not to add bitcoin to its reserves.
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The country’s central bank is also looking at whether or not to add bitcoin to its reserves.
The fine was levied by the FIU-IND last week.
Caroline Pham, the agency’s acting chairman, is scheduling an experts roundtable to reset the CFTC’s course on this “sinkhole of legal uncertainty.”
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
The CFTC’s Division of Enforcement is being reorganized to “refocus” on fraud prevention.
Peirce also urged crypto companies to be patient as the agency decides how to “disentangle” itself from litigation initiated under former Chair Gary Gensler.
Landon Zinda, former policy director for crypto think tank Coin Center, is the task force’s new senior advisor.
David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.
Such a fund could be a vehicle through which the government might accumulate bitcoin.
The exchange can now offer crypto services to clients in the country.