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UN drugs and crime wing advises Kenya to use blockchain against corruption
3.11.2020
Blockchain can reportedly return billions of dollars back to Kenya’s budget
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
22.10.2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions...
The UN’s ‘decade of delivery’ needs blockchain to succeed
26.9.2020
Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation
Bribery gets blocked: Stamping out corruption with blockchain tech
19.9.2020
In a world where all public records are stored on an immutable ledger, it would be difficult to be a corrupt government official
Denmark proposes use of blockchain in fight against corruption
3.9.2020
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption
Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria
26.8.2020
It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot
$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
16.8.2020
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. Akon City Will Be Like ‘Wakanda’...
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
21.7.2020
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
Ethereum-Based Anti-Corruption Project Set for Trial in Colombia
18.6.2020
Blockchain technology may offer a solution for countries looking to get rid of corruption while increasing transparency in their governments, a recently published report from the World Economic Forum (WEF) suggests.
According to the report, titled Exploring Blockchain Technology for Government...
World Economic Forum Suggests Fighting Corruption With Blockchain Tech
17.6.2020
A new World Economic Forum study has revealed how blockchain technology can be used to prevent corruption in public procurement
Colombian Government and WEF Weigh Public Ethereum in Bid to Fight Corruption
17.6.2020
The World Economic Forum (WEF) is working with the Colombian government to see if blockchain-based transparency can help prevent a hotspot for corruption
WEF Hopes to Stamp Out Corruption With Colombian Blockchain Trial
17.6.2020
The World Economic Forum looks at blockchain as a solution against foul play in government processes
$15 Million Bounty on Maduro: US Charges Venezuelan President With Narco-Terrorism, Corruption, Drug Trafficking
27.3.2020
The U.S. has charged 14 high-ranking officials of the Venezuelan government, including President Nicolas Maduro, with “narco-terrorism, corruption, drug trafficking and other criminal charges.” The U.S. government is offering rewards of up to $15 million for any information leading...
Ukraine's Officials Will Need to Report Crypto as ‘Intangible Assets'
4.3.2020
Ukrainian officials must report crypto holdings as part of national anti-corruption measures
Philippine Cryptocurrency Regulator Accused of Misappropriating Millions
28.2.2020
A Philippine crypto regulator is accused of misappropriating funds and funneling them into his family members’ electoral campaigns
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
27.2.2020
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government...
Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations
19.12.2019
Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over...
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math
14.8.2019
Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a...