Nevada Gov. Brian Sandoval signed a historic cryptocurrency bill into law Monday, Senate Bill 398, which blocks local governments from taxing blockchain transactions or requiring a permit for them. That’s good news for blockchain businesses because the lack of fintech regulation is one of the biggest obstacles facing the burgeoning cryptocurrency industry.
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This is great news and will allow the inovation that fuels the crypto industry to keep going, if we put regulations on these they will slow down and we won't have the chance to see new alt coins popping up.
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I agree, to keep the taxes out of the picture for now, the industry can flow forward faster and increase the incentive for investment. Bravo.
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Agreed!
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