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SEC Commissioner Hester Peirce has unveiled her proposal to implement a “safe harbor” for crypto startups, allowing them a three-year grace period after their initial coin offerings to reach a level of decentralization sufficient to pass the Howey test.
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The Australian government has today released a national blockchain roadmap. The 52-page roadmap lists a 12-step approach the government said it will take to help Australia progress towards “a blockchain empowered future.”tags: Fintech
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Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains ExemptionThe island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses and residents.
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Bakkt, the bitcoin futures exchange that launched last year, wants to integrate reward points, game tokens, and cryptocurrency into a mobile wallet that will allow consumers to spend them as dollars. Intercontinental Exchange has agreed to acquire loyalty program provider Bridge2 Solutions, whose ownership it will later transfer to its majority-owned subsidiary Bakkt.
Kiffmeister’s Fintech Daily Digest 02/07/2020
