El Salvador Is Giving $30 In Bitcoin To Its Citizens

Ahead of the September 7 bitcoin law implementation date, El Salvador President Nayib Bukele has unveiled a new government crypto app. The government-issued app, which is known as Chivo, will be used to distribute the bitcoins to citizens. дальше »

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El Salvador Unveils Chivo Wallet, $30 Bitcoin For Every User

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Why Nigeria Could Be The Next Nation To Embrace Bitcoin

There has been a high level of speculation on the next country that could massively adopt Bitcoin. El Salvador’s new law granting BTC legal tender status has caused excitement, after its approval many politicians and government officials around the globe have shown support for pro-BTC legislation. дальше »

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Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan 

Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […] дальше »

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UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies

UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. дальше »

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India Reverses Crypto Stance, Considers Classifying Bitcoin As An Asset Class: Report

After years of India's hostile stance towards cryptocurrencies, the country is reportedly looking to classify Bitcoin as an asset class. India's Financial Regulator SEBI To Oversee Crypto Sector According to reports by The New Indian Press, the government has decided to skip its plans to ban cryptocurrencies and consider Bitcoin's classification as an asset class. дальше »

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Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. дальше »

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Argentina: Number of Bitcoin (BTC) Miners Increases Amid New Government Subsidies

Data from Bitinfocharts shows that the last month had very low Bitcoin fees around $7. 27 from highs of $64 per transaction. Meanwhile, the government of Argentina has brought about generous electricity subsidies that are turning more citizens into Bitcoin miners amid economic uncertainty. дальше »

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China’s Inner Mongolia Bans Crypto Mining is a FUD

After China cracking down on bitcoin mining, we now get information about the government of the Inner Mongolia region proposing eight new measures to slow down or phase out virtual currency mining activity. дальше »

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China Announces Huge Crackdown on Cryptocurrency Mining

According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies. дальше »

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Top Bitcoin Miner Explains Implications Of China’s New Policies Against This Sector

China is set to clarify its new policy for the Bitcoin mining sector in the coming weeks. For the first time, a high-ranking Chinese government official has spoken about a change in the status quo that rules this BTC mining. дальше »

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Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges

Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »

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India Rethinking Anti-Crypto Stance, Likely to Set Up Panel to Suggest Regulations

In what could be a major development, the Indian government is rethinking its stance on the country’s fledgling but promising crypto industry. Official sources have informally confirmed that the government is planning to set up a new committee to study the latest developments in the field of cryptocurrencies and blockchain technology and suggest proper regulations. […] дальше »

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Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: Report

The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total […] дальше »

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Indian Govt. Backpedddling Bitcoin Ban? New Panel Planned to Study Crypto Regulations

The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated. дальше »

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Iranian Government Places New Ban On Mining Bitcoin Within Households

Iran has become the latest country to ban Bitcoin mining, albeit for select people. Apparently, the Iranian government has decided to stop its citizens from mining Bitcoin in their homes. According to the government, household mining has been exerting too much pressure on the already burdened national electric grid. The Ministry of Energy has issued […] дальше »

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Iran to Fine Crypto Miners Using Household Electricity

The Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities.  Iran to Crackdown on Illegal Mining Activities  According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry of Energy, Mostafa Rajabi Mashhadi, said that the government would impose a hefty fine onRead More дальше »

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Iran Moves to Heavily Fine Crypto Miners Using Household Electricity

The Iranian government has introduced new rules that prohibit cryptocurrency miners from mining bitcoin at home. According to the local news agency The Tehran Times, home miners caught breaking the law would be fined heavily. дальше »

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Turkey Tightens Crypto Regulations over Transaction Volumes

Turkey Lays Down New Regulations For Crypto Exchanges Elvan shared the new policy and other updates on the government’s crypto regulation drafts on a CNN Turk live broadcast. According to the Finance Minister, the government plans to give MASAK the authority to audit and oversee crypto exchanges and regulate the crypto sector, as a whole. дальше »

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Tajik government taps blockchain firm for e-government infrastructure

A new public-private partnership between the Fantom Foundation and the Tajik Ministry of Industry of New Technologies will see the two roll out a range of blockchain-based solutions across nationwide IT infrastructure. дальше »

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Fantom Signs Up With Tajikistan Government To Build Their E-government Infrastructure

The Ministry of Industry of New Technologies of the Republic of Tajikistan signed an agreement with the Fantom Foundation on April 22, 2021 to use Fantom’s blockchain-based IT solutions to power its e-government infrastructure. дальше »

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Survey: South Korean Investors Welcome Controversial Crypto Tax Law

A new survey has revealed that a majority of South Korean investors support the proposed crypto tax law set to be unveiled next year. 53. 7% Support Crypto Gains Tax According to a recent survey sponsored by local television station YTN, many South Korean crypto investors support the government’s move to tax crypto gains. дальше »

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Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts

The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. дальше »

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Crypto Regulation In India: A Deep Dive

In 2021, new cryptocurrency disclosure rules were enacted in India. Any business dealing in cryptocurrencies must now report their entire crypto assets to the government as a component of the financial reports, starting today. дальше »

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Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers

Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising alarms in the cryptocurrency community about what the government could do with this […] дальше »

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South Korea: Over 50% of Survey Respondents Support Crypto Tax Law

Despite growing dissent with the planned crypto tax law in South Korea, a recent survey has surprisingly shown a significant level of support for the tax plan. Meanwhile, the country’s government appears set to move forward with the application on the new tax regime come January 2022. дальше »

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Thailand to introduce in-person KYC for crypto exchanges

Thailand’s government aims to curb new crypto account creation with stringent KYC requirements.

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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […] дальше »

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Ethiopia’s Ministry of Education Partners With IOHk’s Cardano (ADA) for Blockchain-Based ID System

Cardano developer IOHK is collaborating with the Ethiopian government on digitalizing the country’s education system. Blockchain ID for African Schools The new partnership will see Cardano develop a digital ID solution to be integrated into the country's education sector. дальше »

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Google Searches for ‘Bitcoin’ Hits New High in Turkey Following Ban on Crypto Payments

The search for “Bitcoin” on Google has soared to a new all-time high in Turkey following the ban on cryptocurrency payments in the country. A few days ago, the government placed a blanket ban on all use of cryptocurrency for payment in the country, citing concerns over the security of users’ funds. However, the ban […] дальше »

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China’s Latest Digital Renminbi Trial Targets 500k People Plus Cross Border Payments

The Chinese government is conducting fresh digital yuan tests in six new provinces including Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian. The government has increased the scope of this latest DCEP trial from the previous 50,000 to 500,000 users. дальше »

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What Are the Legal Challenges That Crypto Faces and the Way Out?

The popularity of the cryptocurrency space has catapulted to new levels in recent times. Apart from retail investors, institutional interest in the crypto space has grown massively. The next logical step for the progress of the crypto industry is some sort of government validation while remaining totally decentralized. While this seems too good to be […] дальше »

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Akon City 2: Akon Unveils Plan to Build Second Futuristic Cryptocurrency City in Africa

Another futuristic cryptocurrency city will be built in Africa, Senegalese-American star Akon has announced. The government of Uganda will make land available to him for the construction of the new crypto city. дальше »

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China’s CBDC Trial Expands to Hainan Province

The People’s Bank of China (PBOC) has expanded the trials of their CBDC to the Hainan Province. It has announced an event with the hopes of publicizing the use of the new digital currency. Members of the Sansha City government, including their staff, enterprises, and permanent residents, will be the main participants of this trial. дальше »

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Why Uganda chose Stellar Lumens to power the currency of its new city

Per a report by NBS Television, Uganda is planning to build a futuristic city. The project has received the green light from the local government and is set to be completed by 2036. American singer of Senegalese origin, Akon, has been awarded one square mile of land to carry out the project. To be named […] дальше »

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ICOs and Launchpad: An interview with Student Coin's CEO

According to many studies, many millennials (people between the ages of 18 to 34) would rather invest in cryptocurrencies than in stocks and government bonds. While greater faith in new technologies iThe post ICOs and Launchpad: An interview with Student Coin's CEO appeared first on AMBCrypto. дальше »

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NY Governor rolls out blockchain-based vaccination pass for residents

New York Governor Andrew Cuomo has announced that a blockchain-powered vaccination password has been launched by the State government. The e-passport, termed Excelsior Pass” is distributed via a voluntary platform that checks for COVID-19 negative results of vaccinations using a QR scanning code. дальше »

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Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings

The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. дальше »

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Pakistan To Build Two Mining Farms As Government Looks To Participate In Bull Run Directly

A government minister overseeing new cryptocurrency policy in Pakistan said that a local province will build two hydroelectric mining farms. дальше »

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Austrian blockchain project QualiSig battles COVID-19

Internationally, COVID-19 has placed new demands on technological innovation. In Austria, numerous businesses have risen to the challenge.   That is why $26M of taxpayers’ money has been allocated to 45 different COVID-combating startups following an emergency call from the government. дальше »

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New Details About India Banning Cryptocurrency Emerge — Crypto Community Sees Mixed Messages

New details have emerged suggesting that the Indian government will go ahead with banning cryptocurrency, in contrast to what the crypto community believes. In her latest interview regarding cryptocurrency legislation, India’s finance minister said that there will be a window for experimentation for cryptocurrency, blockchain, and fintech. дальше »

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Bitcoin drops 10% after Indian government proposes new crypto ban

Today, Bitcoin dropped more than 10% after the Indian government proposed legislation for banning Bitcoin, according to Reuters. The post Bitcoin drops 10% after Indian government proposes new crypto ban appeared first on CryptoSlate. дальше »

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We Must Encourage New Ideas Says India’s Finance Minister on Bitcoin

Anurag Thakur (pictured), India’s Minister of State for Finance and Corporate Affairs, seems to suggest the Indian government is backtracking on a speculated ban of bitcoin. Speaking at the Punjab... дальше »

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Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offers New Clues About Crypto Regulation

The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies. дальше »

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John McAfee: “SEC Allegations Against Me Are Overblown”, He Explains Why

Former antivirus magnate has commented on the SEC charges made against him last year after the US government has put new ones against him дальше »

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China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year

Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel […] дальше »

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Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies

Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin. дальше »

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'UK could become a global leader for issuance, trading and exchange of crypto'

As part of UK’s plans post Brexit, government’s FCA published a new review that detailed the nation’s approach to the Fintech sector, based on the recommendations of Ron Kalifa, former Wordplay The post 'UK could become a global leader for issuance, trading and exchange of crypto' appeared first on AMBCrypto. дальше »

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US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’

The U. S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1. 3 billion in cryptocurrencies and fiat during coordinated cyber-heists. дальше »

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Bitcoin Bull Run Faces Exhaustion Risks from Ongoing US Bond Sell-Off

Bitcoin prices printed themselves new record highs all Wednesday, but the cryptocurrency risks finding its potential tipping point against an ongoing US government bonds sell-off. дальше »

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