Marshall digital currency act

From this year's point of view, the digital money market is also very hot. For Tesla to buy bitcoin, the United States will support more than 300 million US dollars to buy bitcoin. Even some NBA teams also buy bitcoin in proportion. Therefore, after the exposure of the photos, countries around the world have strengthened their supervision on this matter

recently, Japan has also issued a bill to ban all cryptocurrencies, including digital currency, and impose fines on cryptocurrency transactions or holders. This bill may also bring heavy damage to the digital currency investors of millions of Indian enterprises. It is reported that this bill has won the majority of votes in the Indian government meeting. A working group in India also said that the maximum penalty for Indians involved in the exposure, possession, transaction or transfer of cryptocurrency is 10 years{ RRRRR}

On September 29, 2018, Mongolia passed a national payment system bill, under which the Central Bank of Mongolia authorized local telecom operators to issue a digital currency. According to state media, the Bank of Mongolia has issued a digital currency license to mobile finance

Mongolia integrates blockchain technology into the national financial field, which not only allows the national people to use digital currency to refuel and pay fees, but also issues cryptocurrency transaction license to encourage foreign investment, and applies blockchain technology to Mongolia's new energy power generation system with the characteristics of decentralization, openness and transparency

does Mongolia need permission to issue digital tokens and conct ICO, and which departments need approval

According to the news on the morning of December 22, according to the latest tax reform plan of the Republican Party of the United States, investors in bitcoin and other virtual currencies will lose an attractive tax preference

under the current tax law of the United States, such transactions are protected by a clause that allows investors to postpone the payment of capital income tax in so-called "similar transactions"“ "Similar transactions" traditionally refer to real estate, art, horse racing and aircraft transactions. If the asset owner replaces his assets with other assets of the same type, tax payment can be postponed, usually for 180 days

The Marshall people belong to the Micronesian race, and their ancestors can be traced back to the Asians who moved to the island long ago
in 1529, the Spanish navigator Alvaro de Saavedra came to the Marshall Islands, and in 1592, Spain claimed that the Marshall Islands belonged to him
in 1788, John Marshall, the captain of the British "Scarborough", sailed from Sydney botanical bay to China. When he passed through the islands, he went ashore to seek supplies. So later a Russian hydrologist named the whole archipelago the Marshall Islands
it was not until the 1820s that the Marshall Islands began to have more contact with the outside world. At that time, whalers from the United States often went there to look for food and water. In the 1860s, American missionaries arrived in groups in the Marshall Islands from Hawaii. Then came some businessmen from the United States and Germany, who set up companies here, mainly engaged in coconut and fishing
the Marshall Islands became a protected territory of Germany in 1886 (1885) and was protected by German New Guinea
in 1899, Germany redeemed the Marshall Islands and its neighboring Caroline Islands and Northern Mariana Islands from Spain
it was occupied by Japan at the beginning of the first World War. After the war, Japan entrusted the islands with the authorization of the League of nations
ring the Second World War, the Marshall Islands became a base for Japan to fight in the Pacific Ocean. Japan used it as a base to fight with the US military and occupied its close neighbors Nauru and Kiribati
in 1944, the U.S. Army expelled the Japanese army, occupied the Marshall Islands and exercised military control over it< In July 1947, the United Nations entrusted the Marshall Islands to the United States as part of the United Nations strategic trust site for Pacific Islands. Later, with the Republic of Palau, the Northern Mariana Islands and the Federated States of Micronesia, they formed the four political entities of the trusteeship of the Pacific Islands
in 1951, the Marshall Islands was transferred from the U.S. Navy to civil administration. Since 1965, the voice of Marshall Islands for autonomy has been growing
in 1969, the Marshall Islands, Micronesia and Palau began negotiations with the United States on their future political status
in 1979, the Marshall Islands rejected the referenm on the constitution of the Federated States of Micronesia and set up its own autonomous government and prepared for the establishment of a state. In March, the constitution was passed. On May 1, the constitution of the Marshall Islands came into force and a constitutional government was established
in 1980, the Marshall Islands signed an agreement with the United States to implement internal autonomy
on June 25, 1983 (May 30, 1982), China finally signed a 15 year free association treaty with the United States. In September, the treaty was adopted by referenm< On January 14, 1986, the Treaty of free association was approved by the US Congress. In May, the UN Trusteeship Council formally agreed to suspend the trusteeship. On October 21, the Treaty of free association officially entered into force. According to the treaty, the Republic of the Marshall Islands is independent, and its autonomy in domestic and foreign affairs is recognized by the United States. However, its foreign policy must be consistent with the guiding principles stipulated in the treaty. The United States will retain its overall power over the security and defense of the Marshall Islands, that is, the defense is the sole responsibility of the United States. At the same time, the new immigration and nationality law is implemented. Citizens hold the Republic of Marshall Islands passport, but there is no restriction on immigration to the United States
in addition to political relations, the Treaty of free association also stipulates the terms of US financial aid and other forms of aid (with a total amount of US $700 million in the next 15 years), as well as issues such as environmental protection, trade and taxation. After 15 years, the term of the Treaty can be extended by mutual agreement. The Marshall Islands can also unilaterally request the termination of the treaty and choose complete independence or other forms of political status. However, the defense power and economic obligations of the United States must be extended until the expiration of 15 years
the treaty also stipulates that the US military base on the island shall be retained for at least 15 years, and the us shall provide economic assistance to the Marshall Islands every year for this purpose. The treaty is reviewed and revised every 15 years, but the status of the free United Nations will never change. They can participate in regional organizations, but not in the United Nations< On December 22, 1990, the UN Security Council held a formal meeting and adopted a resolution to terminate the trusteeship agreement of some Pacific trust territories, officially ending the trusteeship status of the Republic of the Marshall Islands< On September 17, 1991, the Republic of the Marshall Islands became a full member of the United Nations< In September 1996, the Marshall Islands held the 27th South Pacific Forum in Majuro. In October, President Amata Kabua attended the opening ceremony of "Tokyo South Pacific Economic Exchange Center" in his capacity as chairman of the South Pacific Forum
ring the 51st session of the UN General Assembly, Foreign Minister Ma addressed the UN General Assembly on behalf of the chairman of the South Pacific Forum and the 10 island countries of South Pacific, and signed the CTBT on behalf of his own government. In the same year, Malaysia also hosted the South Pacific nurses training conference, the Asia Pacific Tourism Association Micronesia Branch Member States Conference and the South Pacific librarians and archivists conference< As of December 1996, Malaysia has established diplomatic relations with 64 countries, and has set up embassies and permanent ambassadors in the United States, Fiji, Japan and United Nations headquarters< In June 1997, the Malaysian Government hosted the high level multilateral Conference on conservation and management of highly migratory fish stocks in the central and Western Pacific. In August, the Marshall Islands hosted the 14th annual meeting of the Pacific Ecation Conference
November 13, 1999: the FAO conference decided to accept the Marshall Islands as a new member of FAO< In April 2000, President Ma went to Japan to attend the summit meeting between Japan and South Pacific island countries. On June 26, the Marshall Islands was blacklisted by the OECD as nine countries and regions with financial misconct (money laundering)< On January 8, 2004, Kaiser nott was re elected president. Taiwan's "foreign minister" Jane Youxin led a delegation to attend the inauguration ceremony
in May, the US Malaysia trust fund was established as part of the "freedom agreement" signed by Marshall and the United States. Marshall invested US $25 million to establish the fund, while the United States initially invested US $7 million and will continue to provide assistance in the form of US $500000 per year until 2023. The fund was set up to replace the trust fund in the United States after the 2023 deadline of the free agreement