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Nalezeno "Governments": 333

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property


A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto...

Close to 14,000 Google Scholar Articles Mentioned Bitcoin in 2019


On January 3, 2020, the Bitcoin network officially turns 11 and the technology has transformed the lives of many. Since blockchain’s inception, scholars and economists have rigorously studied and written thousands of academic papers covering the subject. In 2019, there were more than 13,700...

Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years


Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries...

Tron and Poloniex Relationship Scrutinized After Digibyte Delisting


The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he...

Circle Warns Poloniex US Customer Assets May Be Sent to the Government


As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....

The Jim Bell System Revisited


Let me re-emphasize that I have neither the knowledge nor the will to implement this system. I certainly don’t like the State, but I would rather concentrate my energies on constructive rather than destructive solutions. That said, I still think governments everywhere are going to be staring...

Governments Viewing Crypto as a Threat Will Be Left Behind


In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative...

Global Trend Against Cash Intensifies as China Joins the Squeeze


For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over...

Turkey Becomes the Latest Nation to Work on Digital Fiat


Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based”...

No Inflation? Here It Is – Hidden in Plain Sight


Popular among politicians, media, and central bankers alike is the claim that in spite of all the quantitative easing (QE) and zero-leaning or negative interest rates of current times, inflation is under control. As the statistics show, nothing could be further from the truth. There are some very...

Why Governments Can Never Stop Crypto


Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. _____ Many people argue that cryptocurrencies will never be accepted as...

How Governments Will Kill Libra


Major players in global electronic payments are shying away from Libra, spooked by the scrutiny Facebook’s operations are attracting from regulators around the world. Shutterstock Barely six months after Facebook announced its own digital currency, a plan heralded as...

How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise


Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...

80% of Crypto Trade Volume Tracked by Blockchain Surveillance


Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday,...

Governments 'Will Need to Respond' to this Crypto Surprise by Bermuda


A big adoption news came to the Cryptoverse today as Bermuda, a British island territory with a population of c. 65,000 people, started accepting payments for taxes, fees and other government services in USD Coin (USDC), a U.S. dollar-pegged stablecoin, managed by major players in the crypto...

EY Has Blockchain-based Solution to Governments + 11 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news Major professional services firm, EY, launched EY OpsChain Public Finance Manager (PFM), a blockchain-enabled...

Tax Guide: What Crypto Owners Should Know


With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...

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