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Blockchain will transform government services, and that’s just the beginning
26.9.2021
Governments will not only use blockchain for fundamental services such as identity and voting but as a framework for economic growth
Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
26.9.2021
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000...
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
25.9.2021
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered...
US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity
25.9.2021
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.”...
DeFi: Who, what and how to regulate in a borderless, code-governed world?
25.9.2021
The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance
U.S. government goes to court over $11m USDT purportedly stolen by fake Coinbase rep
24.9.2021
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse
China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...
Ukraine joins the comity of crypto-friendly nations with new regulation
24.9.2021
Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country
Chinese regulators unite forces to crack down on crypto
24.9.2021
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto
Former Monero Developer Spagni Released From US Prison, Pledges to Address Fraud Allegations
23.9.2021
Former Monero developer Riccardo Spagni has been released from a U.S. prison where he reportedly spent “sixty-one days in solitary confinement.” The developer’s release was prompted by the failure of South African authorities “to make a timely submission in support of...
UAE regulators approve crypto trading in Dubai free zone
23.9.2021
Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals
US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware
23.9.2021
The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses....
CFTC commissioner: agency doesn’t have enforcement resources without Congress
21.9.2021
"We’re not necessarily looking for more authority without more resources," said Dan Berkovitz in regards to crypto markets
Most Surveyed South Koreans Want the Government to Tax Crypto
21.9.2021
ted the government to start taxing crypto traders and investors. The remainder stated they were unsure or undecided on the matter.Crypto tax was due to be introduced in October this year, but politicians agreed to push the launch back to January 1, 2022. The decision was made after domestic e
Turkey Is ‘at War’ With Cryptocurrency, Says President Erdogan
21.9.2021
Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip...
U.S. Government Now Investigating Activision Blizzard, Bobby Kotick Subpoenaed
20.9.2021
The U.S. Securities and Exchange Commission has reportedly launched a wide-reaching investigation into Activision Blizzard, with the government agency looking into how the embattled publisher handled the multiple allegations of sexual harassment, abuse, and toxic behavior that became public...
El Salvador Buys More Bitcoin — Country Now Holds 700 BTC
20.9.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning...
Thai SEC issues license to Ethereum-based real estate project
20.9.2021
The firm uses the Ethereum blockchain to allow traders to invest as little as $150 in expensive real estate properties
'Dictator' Bukele 'Buys the Bitcoin Dip' as 1.1M Users Flock to Chivo Wallet
20.9.2021
d “bought the dip.”The government has highly incentivized the use of the Chivo app – although it claims that Chivo use is optional – by giving those who download it in El Salvador USD 30 worth of BTC as a golden hello.Bukele claimed that the Chivo app and his BTC adoption plans were al
Ukraine Officials Fail to Account for Millions in Declared Crypto Assets
19.9.2021
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses...