๐Ÿ—ž Daily Crypto News, February 20th ๐Ÿ’ฐ

in #bitcoin โ€ข 7 years ago (edited)

  • California Lawmaker Files Bill to Legally Recognize Blockchain Data
  • Wyoming Introduces New Bill To Exempt Crypto From Property Taxation;
  • What Is Telcoin?;
  • Spain Mulls Tax Breaks for Blockchain and Crypto Firms
  • Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 19
  • ๐Ÿ“‘ Daily Crypto Calendar, February 20th ๐Ÿ’ฐ
  • STEEM Trading Update by @cryptopassion

๐Ÿ—ž California Lawmaker Files Bill to Legally Recognize Blockchain Data

A California lawmaker has introduced a bill that, if passed, would update the state's electronic records laws to account for blockchain signatures and smart contracts.

Assembly Bill 2658, submitted by Assemblymember Ian Calderon last week, expands the definition of electronic records and signatures - contained in the Uniform Electronic Transactions Act - to include records and signatures on the blockchain, notably stipulating:

"A record that is secured through blockchain technology is an electronic record."

Read more & Source: https://www.coindesk.com/california-lawmaker-files-bill-legally-recognize-blockchain-data/

๐Ÿ—ž Wyoming Introduces New Bill To Exempt Crypto From Property Taxation

A new tax bill has been introduced in the Wyoming state senate on Feb. 16 that would exempt virtual currencies from state property taxation, and suggests an effective date be provided for the tax exemption implementation.

Wyoming Senate Bill 111 was introduced by senators Ogden Driskill, Tara Nethercott, and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller, and Jared Olsen. All are Republicans with the exception of Senator Rothfuss.

Read more & Source: https://cointelegraph.com/news/wyoming-introduces-new-bill-to-exempt-crypto-from-property-taxation

๐Ÿ—ž What Is Telcoin?

With blockchain technology continuing to drive global innovation on a large scale, the telecom industry seems to have been relatively untouched by the crypto wave. According to the World Bank, there are more than 5 billion cell phone users around the world. This number clearly indicates that crypto trading and exchange is more easily facilitated through telecom channels compared to traditional bank-based methods.

Read more & Source: https://themerkle.com/what-is-telcoin/

๐Ÿ—ž Spain Mulls Tax Breaks for Blockchain and Crypto Firms

Proposals to introduce tax exemptions for companies using blockchain technologies and cryptocurrency have been put on the table in Spain. The ruling Peopleโ€™s Party is preparing new legislation that will also offer incentives to entrepreneurs raising funds through ICOs. If lawmakers adopt the amendments, investors will not be required to report crypto assets under certain threshold.

Read more & Source: https://news.bitcoin.com/spain-mulls-tax-breaks-for-blockchain-and-crypto-firms/

๐Ÿ—ž Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 19

After failing to stem the rising popularity of cryptocurrencies through their warnings, the central banks have stooped down to funding anti-crypto campaigns. This move will only reduce the confidence in the central banks and encourage new investors to enter the crypto world.

Read more & Source: https://cointelegraph.com/news/bitcoin-ethereum-bitcoin-cash-ripple-stellar-litecoin-cardano-neo-eos-price-analysis-feb-19

Daily Crypto Calendar, February, 20th

  • Lisk (LSK)

Update: Lisk Relaunch Event will take place on 20 February, 2018 in Berlin. Livestream will be available from 8.30pm CET.

  • Bela (BELA)

Belacam early access opens February 20th. Sign up for a chance to be 1 of 100 lucky users to test BelaCam Gamma.

  • INS Ecosystem (INS)

Peter Fedchenkov is to present INS Ecosystem in London on February 20โ€“21 at the regular British Brands Group meeting.

  • Dash (DASH)

Dash team is going to attend Merchant Payments Ecosystem (MPE) conference in Berlin.

  • Qwark (QWARK)

InfinitumCard will be enabling $QWARK loads on the 20th of Feb, allowing users to load their cards directly with QWARK.

https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-february-20th

STEEM Trading Update by @cryptopassion

We should soon go test again my resistance line related to the previous TOP :

The third test of a support and resistance line starts to have nice probabilities to succeed.

The more we test this kind of line, the more these lines are becoming weak.
A nice break out on that line with an important volume will confirm the break of that line and allow us to define new objectives.

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I am excited about Telcoin. Thank you for sharing

Thanks for keeping us updated

Very good friend interesting information very good explanation I learned more excellent graphics thanks for sharing this good post, if you can support me with a vote in my blog

Thank you for the support.
Take care!

Fantastic post. Very helpful to a noob. Keep up the great work

Thank you for the heads up

This information has really give more insight on how legally accepted bitcoin would be in few years to come. Just as how i have been reading that bitcoin has been accepted in few nations as a means to oay tax and also since blockchain has been given an edge it paves way for the use of bitcoin though we know bitcoin value haven't been in a good side but we hope for the best in months to come..thanks for this info

It seems that it is indeed the path Cryptocurrencies are taking.

Nice daily update. Thanks bro. ๐Ÿ˜๐Ÿ‘

It's nice to know that things are looking good for crypto these days

Thanks for this worth a follow. I enjoyed it, Keep up the good work.

Thank you mate!

Very good news and good post