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this will make mobile mining more important. since in india, no body can host crypto server any more. india is a huge country. mobile mining will be the only way to mine given that law.
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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Legal / 📜Russia: Crypto Bill to be Adopted Spring 2019📜
« Last post by Kriptolab about 4 weeks ago »

The central bank of Russiabelieves that the draft bill on crypto regulation is prepared enough to be adopted in the spring of 2019, local news agency TASS reports on May 22.

Olga Skorobogatova, first deputy governor of the Russian central bank, has stated that the bank expects the crypto bill, “On Digital Financial Assets” (DFA), to be adopted during the spring session in 2019 in accordance with the order of the country’s president, Vladimir Putin.

Speaking at a recent meeting of the Parliament, Skorobogatova argued that the DFA, as well as a draft law on crowdfundingand other crypto-related bills, are at a “sufficiently high degree of preparedness” to be adopted during the session.

The official has also emphasized that all those draft laws are “crucial for the country and will allow for the implementation of new projects.” Conversely, Russian prime minister and former president Dmitry Medvedev had recently statedthat crypto regulation is not a priority for the Russian authorities because cryptos “have lost their popularity.”

The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkeireports on May 21.

The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 

According to Nikkei, the amendments to two of Japan’s financial laws — the Financial Instruments and Exchange Act and Payment Services Act — intend to strengthen local regulations on cryptocurrency trading process. The amendments reportedly extend the regulation by adding legislation for cryptocurrency margin trading.

TAUcoin Discussion / First Mobile Mining Release
« Last post by Kriptolab about a month ago »
Mainnet and first mobile mining coin release is almost here


Am personally excited and can't wait for the event, How far have you prepared?
A new bill introduced on April 24 in the American state of Ohio’s House of Representatives would, if passed, allow the state government and other government entities to implement blockchain solutions in the exercise of their authority.

According to the official website of the Ohio state legislature, the bill, titled House Bill 220, has been sponsored by the Republican Party’s State Representative Rick Carfagna, who represents Ohio’s 68th District in the House.

As Northeast Ohio media agency Cleveland.com reported on April 25, the bill would prospectively legalize government blockchain applications such as recording car titles or hunting licenses online, where they could be accessible by authorized agencies on a secure distributed ledger.

Legal / 📝5 Cryptocurrency Tax Questions📝
« Last post by Kriptolab about 2 months ago »

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, but similar issues arise around the world. As always, check with a local tax professional to assess your own particular tax situation.

Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security.

The bill was initially proposed last December by Reps. Warren Davidson (R) and Darren Soto (D), and seeks to exclude digital currencies from being defined as securities by amending the Securities Act of 1933 and the Securities Act of 1934.

The press release notes that the recent iteration of the bill will differ from that which was introduced last year. Notably, it clarifies the jurisdictions of the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC).  It also states that a preemption provisions was included the Act that would supercede “heavy-handed” regulations like New York’s“onerous” BitLicense.

Legal / 📜Cryptocurrencies in Criminal Law: Michigan📜
« Last post by Kriptolab about 2 months ago »
The Michigan House of Representatives has passed a bill, HB 4102, on April 9 that would include cryptocurrencies in criminal codes regarding illegal actions for financial gain.

Michigan lawmakers have voted to introduce amendments to various sections of the Michigan Penal Code, specifying that cryptocurrency would be included in provisions relating to money laundering, embezzlement, credit card fraud and financial transactions involving the proceeds of a criminal offense.

The legislation also prohibits the collection of cryptocurrency — or any currency — for the fighting, baiting or shooting of an animal.

State Rep. Ryan Berman told the Detroit News that the bill was inspired by a case of a dog-fighting ring, wherein the organizer was prosecuted, but not individual participants, as they placed their bets using cryptocurrency, which was not expressly prohibited under the law.

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TAU startup idea. / Taucoin Adoption - Startup Idea
« Last post by Hero90 about 2 months ago »
Taucoin Adoption - Startup Idea

I have Start-Up Idea to Build in Taucoin Ecosystem.
But  I don't have Programmers Background,If anyone interesting with my idea,please replay this thread or contact by telegram @Tsubasa90 !!

We must have big and excellent team to build this Start-Up.

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