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Bill: Cryptocurrency Act 4919
Details
Submitted by[?]: Conservative Party
Status[?]: defeated
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: September 4919
Description[?]:
| Be it enacted by the Imperial Diet, |
Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: Cryptocurrency is illegal.
Debate
These messages have been posted to debate on this bill:
| Date | 18:11:52, April 09, 2021 CET | From | Conservative Party | To | Debating the Cryptocurrency Act 4919 |
| Message | Mr. Speaker, This so-called 'currency' is designed to help criminals evade law enforcement. That is in its very 'crypto' nature. We have also seen cryptocurrency feature in many investment scams designed to defraud the most vulnerable, such as the elderly, of their hard-earned savings. Harry Dowsett MID Technology Secretary |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 14 | |||||
| no |
Total Seats: 99 | |||||
| abstain | Total Seats: 37 |
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| 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 |