Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list.
Although the pressure on BTC advocates continues this winter, some lawmakers are still trying to add their names to the data encryption popular list of U.S. Congressmen Cynthia Loomis and Pat Tumi. Amy Rogers, a 68-year-old state senator, presented two bold trial bills in the Ohio legislature. One of the keys is to produce BTC legal tender in that state of the United States. Generally, by becoming laws and regulations, the BTC will have the same influence as the dollar, becoming the state's recognized medium of exchange for debt repayments, public fees, taxes and membership fees. The bill is not the first time Rogers has tried to make BTC legal tender. A similar bill was rejected in 2022.
Rogers also participated in the introduction of a bill that would make login passwords a tax-exempt asset for the state. Along with congressmen Sonny Borrelli and Justin Wadsack, Rogers suggested that Ohio residents decide to change our constitution for the state's related direct taxes. If this measure is justified in the legislature, electors can opt for tax exemption for digital currencies, especially tokens that "mean dollars or foreign exchange".
Although not so bold, another extremely important bill was submitted to the New York State House of the United States. The bill will allow state organizations to accept digital currency as a form of payment for penalties, civil penalties, taxes, fees, and other payments in our country. The bill does not force state organizations to accept data encryption payments, but it does clarify that state organizations can legally allow such payments, and the people's court should apply for enforcement of such agreements.
The luck of login password legislation will be determined by the Supreme people's Court of Palama.
Panamanian President Cortico sent the data encryption bill applied for last year to the Supreme people's Court for verification, declaring that the so-called "data encryption Act" could not be implemented and violated the core principles of the Constitution. The president of the United States also made up a lie that the bill had gone through an immature process after it was partially rejected in June 2022. At that time, the president of the United States made up a lie, and the bill needed a lot of work to comply with the latest regulations recommended by the Financial Action Group, especially the Research Group, to enhance the clarity of the Treasury Bureau and avoid money laundering.
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Han to deploy digital currency tracking system in 2023
South Korea's judiciary announced plans to introduce a login password tracking system to crack down on money laundering and recover funds related to illegal activities. The digital currency tracking system will be used to detect the trading history, obtain information related to the transaction, and check its own funds before and after remitting money. Although the system is scheduled to be deployed in the first half of 2023, the South Korean Ministry of Defense shares plans to develop and design a separate tracking and data analysis system in the second half of the year.
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Us regulators investigate the difficult problem of login password escrow on Wall Street
The Securities and Exchange Commission (SEC) has been investigating traditional Wall Street investment advice, which is likely to provide data asset custody to clients without appropriate qualifications. The vast majority of SEC's work in this survey is to check whether the application for registered investment consulting meets the relevant customer login password asset trusteeship management system. By law, investment consulting firms must "have the right" to provide escrow services to clients and comply with the escrow protection system provided for in the Investment Consulting Act of 1940.
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