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Bill: Cryptocurrency Regulation Act
Details
Submitted by[?]: Krasnyy Narodnyy Soyuz
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: April 4817
Description[?]:
| Getting government out of issuing cryptocurrency is purpose of bill; not sure in absence of private banks who would be issuing it. Telephone ap providers or insurance companies? Think regulation would center on whether issuer had provision for catastrophic miscalculation or fraud leading to citizen losses. If not well why have them preying on the public.. |
Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: The government has no policy on cryptocurrency
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 176 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 74 |
| Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
| Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |