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Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the Supreme Court had asked the Reserve Bank of India (RBI) to clarify its position as to why exactly it enforced a nationwide banking ban on the country’s crypto market, as well as to discuss the seemingly unconstitutional nature of its aforementioned move.

Ever since the RBI decided to go ahead and issue its controversial prohibition order, a number of public and industry-led petitions have been filed by prominent members of the Indian crypto community contending that the RBI’s decision was not only unjust but also in clear violation of the law.

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A bill seeking to exempt personal cryptocurrency transactions from taxation for capital gains has been reintroduced in the Congress of the United States. 

What the bill looks to change

Called “The Virtual Currency Tax Fairness Act of 2020,” the bill would establish an exemption for virtual currency expenditures that qualify as personal transactions. Users would then not have to report instances when they spent crypto whose valued had changed relative to the U.S. dollar on day-to-day expenses.

Representatives Suzan DelBene (D-WA) and David Schweikert (R-AZ) introduced the bill today, Jan. 16. Schweikert introduced an earlier version of this bill in 2017 that featured a substantially larger exemption.

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Speculations / TAU Price
« about: January 14, 2020, 01:49:14 PM »
If you only hold 1 TAU, how much would you sell it?

Legal / 📜China Enacts Crypto Law📜
« about: January 01, 2020, 03:40:38 PM »

China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC).

As English-language news media outlet China Money Network reported on Jan. 1, the latest regulations have become legally binding following their unveiling in October last year.

Continued ⏯
🔗 https://ct.com/85pu

Voting / MOVED: Site with questions and answers Area51
« about: October 12, 2019, 02:58:59 PM »

General Discussion / MOVED: OSC LOTTERY EVENT
« about: September 06, 2019, 08:24:42 AM »

New tax proposal

According to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.

The taxation on cryptocurrency mining is expected to increase budget revenues and to contribute to the principle of fair taxation in the Kyrgyz Republic.

The Ministry of Economy of Kyrgyzstan seems to be exploring two possible options to implement taxes on cryptocurrency mining. The first option would be the taxation of income, while the second would be taxing expenses incurred during cryptocurrency mining. 

The report suggests that the Kyrgyz government stands to earn some 300 million som ($4.2 million) — significant in a country whose annual budgetstands at around $1 billion.

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TAUcoin Discussion / TAUcoin Mobile Mining App
« about: August 31, 2019, 01:59:37 PM »
Its been 3 months since mainnet went live and all involved in mining each had own experiences. But common ones are having block stuck problems when syncing, app stop itself after some times, slow speed in syncing plocks to meet the latest one and many more you can mention.

Despite the above problems, first I applause to the team for hard work, making sure each week or biweekly we get a new app version to solve existing problems and make it less or buggy free. From v0.1 up to now we have the latest v1.9.0.5, may be the new version will come out soon to solve some few or all problems.

You can share your experience in using TAU mobile mining App and see if we can find some unreported problems to be fixed, welcome everyone

Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments.

A watershed for Bitcoin in China

According to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18. 

The second such court to attribute property status to Bitcoin, the ruling came about as part of a dispute between a now-defunct exchange and one of its users who lost funds. 

For Wan, the case marks a significant watershed for Bitcoin in China, where a blanket ban on trading it has been in place since September 2017. 

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Altcoins Discussion / TAUCOIN Tech Related Discussion - Q&A
« about: July 12, 2019, 01:57:42 PM »
Over one month and 2 weeks now, TAU MainNet is up and running with the team busy in focus to make real mobile mining happen in real life, yeah as of now early miners are taking advantage, having nearly 400k wallet accounts. Technical questions based on TAU mobile mining are welcome, read the short article below to understand how you can take part in this AMA like discussion but only based in technical part.


Also feel free to drop your question here, it will be picked and all Q&A will be compiled and feedback will be given here, together with in all of TAU's social media platforms, once or twice per month by CEO.

Next step:
° Stabilizing/Optimizing Mobile Mining Wallet
° IPFS native integration
° Server less wallet

Let's discuss TAU tech all together and be part of this new community in Blockchain space.

Miners room / ⛏TAU Mobile Miner's Guide ⛏
« about: July 07, 2019, 04:28:48 PM »
Welcome to TAU, the first decentralized and permission less Mobile Mining Coin ⛏⛏, below is the Miner's Guide

A very good mobile mining guide for all TAU miners https://link.medium.com/AwXa1kk8GX

Miners room / Telegram Group For TAU Mobile Miners Is Now Live
« about: June 17, 2019, 08:50:51 AM »
We created a group for TAU mobile miner, so we could have a discussion about mobile mining here

~By Devteam

Indian lawmakers have reportedly proposed to enforce a 10-year jail term for citizens who deal with cryptocurrencies, local financial news agency  BloombergQuint  reports on June 6.

The new tough crypto regulation is a part of a recently proposed  draft  bill called “Banning Cryptocurrencies and Regulation of Official Digital Currency Bill 2019,” according to a  report  by crypto news outlet The Block.

The regulation will reportedly relate to those who mine, hold, buy and sell cryptocurrencies, as well as those who deal with cryptocurrencies directly or indirectly in the country.

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Tanzania / JIBUSTISHE NA TAU/TAUT: Msimu wa 3
« about: May 25, 2019, 06:42:18 PM »
Using 100 words, explain one of the following:

TAUcoin is a mobile mining coin

TAUcoin has high speed and use low energy

TAUcoin is built on IPFS

TAUcoin resist currency inflation and control

TAUcoin is a proof-of-transaction currency

1. Copy the topic of your choice and write answers below it.

What is TAUcoin?
TAUcoin is an electronic currency that aims to promote transactions, to increase circulation, and to introduce a consensus mechanism that is fair, secure and environmentally friendly.

2. 10 winners will be selected on May 31 2019, the selection of winners will base on the quality, truth and reality of the answers to the specific topic answered. Each winner will get 4000 TAUT.

3. Write eligibly

4. Must join here https://t.me/tauforall and have username


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