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US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency
3.3.2020
The U.S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts...
India’s Citizens Will Vote With Blockchain, Election Commissioner Says
17.2.2020
Indian electoral officials are working on a blockchain-based voting system to increase voter participation
Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March
11.2.2020
The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with...
Government Think Tank Niti Aayog Identifies Key Blockchain Use Cases for India
4.2.2020
The policy think tank for the government of India, Niti Aayog, has published a strategy document identifying a number of key areas blockchain technology can significantly benefit the country. “By empowering citizens through features of transparency, decentralization and accountability...
Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens
8.1.2020
Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....
Turkey Prepares to Increase Oversight in the Crypto Space
6.1.2020
Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized...
Uzbekistan Bans Citizens From Buying Cryptocurrencies
25.12.2019
Uzbekistan has barred citizens from purchasing cryptocurrencies, but has made some exceptions for current holders to liquidate their assets
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
EU Asks Its Citizens For Help in Creating Crypto Regulation
19.12.2019
The European Commission (EC), the executive body of the European Union (EU), has launched a public consultation on the regulation of cryptoassets, as the world's second largest economy aims to strengthen its positions in the global payments market.
The EC invites investors, banks, supervisors...
Maduro Plans to Airdrop Petro to Municipal Leaders and Eligible Citizens
15.12.2019
The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip)...
Global Citizens Call For 'a Global Unit of Account,' Says Central Bank
10.12.2019
Central banks in the Eurozone are increasingly turning their attention to the matter of digital fiats as they hurry to meet the needs of citizens who are more and more reluctant to use conventional cross-border payment solutions. But could their Central Bank-issued Digital Currency (CBDC) drives...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
Crypto Employees in China Work From Home to Avoid Government Pressure
29.11.2019
Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...
Backfire in Argentina: Citizens Want BTC Over Peso Amid USD Crackdown
21.11.2019
Following the crackdown on Forex by the Argentine government, the volume of P2P crypto trading has risen to an all-time high in the country
Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus
21.11.2019
Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also...
Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions
12.11.2019
Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent...
Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...
CBSI Gives Warning to Citizens Against the Use of Cryptocurrencies by Calling Them Unregulated
1.11.2019
The Central Bank of Solomon Islands or CBSI has issued a warning to the native citizens against the virtual or digital currencies like Bitcoin, Ethereum, Ripple, and others. The reputed authority stated that these cryptocurrencies are not issued or controlled by the Central Bank. As per...
The Demand for Permissionless Freedom Is Just Getting Started
25.10.2019
Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens...
Circle Drops Poloniex Leaving US Crypto Traders High and Dry
19.10.2019
According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...