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Vietnamese Government Planning to Conduct CBDC Pilot

Vietnam has become the latest country to explore central bank digital currency (CBDC), although the government has said that a sovereign digital currency would not replace the country’s fiat.  Vietnam’s Proposed Digital Currency not a Cash Replacement According to Nikkei Asia on Monday (July 12, 2021), the decision by the Vietnamese government to explore theRead More дальше »

2021-7-13 23:00


Many El Salvadorans Are Skeptical Of Bitcoin Adoption As Legal Tender

According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […] дальше »

2021-7-10 23:51


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Most El Salvador Citizens Not Keen on Accepting Bitcoin as Legal Tender

Following the legalization of bitcoin as legal tender in El Salvador, it appears that most of the country’s citizens are not enthusiastic about the government’s move to adopt bitcoin. El Salvadorans Skeptical About Bitcoin According to Reuters on Thursday (July 8, 2021), the thoughts of El Salvadorans about the government’s bitcoin plan were revealed inRead More дальше »

2021-7-10 21:00


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Russia to Bring More Legislation to Crypto — New Bill Allows Crypto Confiscation

Russian officials aim to develop a new set of amendments that would authorize the government to confiscate crypto assets, as per a report by a local media outlet. Igor Krasnov, the Prosecutor General of Russia, asserted that the new bill would essentially target the cryptocurrencies used in illegal activities. Krasnov, who was speaking at a […] дальше »

2021-7-8 14:47


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Central bank records reveal the meeting between Coinbase CEO and Fed Chairman

Over the last few years, the cryptocurrency industry made many attempts to increase adoption and push for regulation. Crypto representatives and officials of various projects met with all kinds of government officials, lawmakers, major traditional traders and investors, and many others, trying to educate them about crypto, explain how it all works, its potential, and […] The post Central bank records reveal the meeting between Coinbase CEO and Fed Chairman appeared first on Invezz. дальше »

2021-7-4 11:15


Kraken Director Dan Held Tags Traditional Financial Institutions A “Cartel”

Kraken Director Dan Held recently posted a tweet that shows what he thinks of the traditional banking system. Are traditional banks truly a collision of government financial structures for monopoly? A necessary fact-check and digging into the actual status of the state-owned bricks and mortar financial depository institutions comes to bear following Dan Held’s recent […] дальше »

2021-7-2 18:03


Protect Yourself - Should Crypto holders prepare for aggressive U.S. Government enforcement?

Benjamin Sauter is a partner at Kobre and Kim, a legal firm that specializes in International Disputes and Investigations. The firm prides itself on its aggressive, trial-ready approach. Ben’s role is to aggressively defend clients in the cryptocurrency and blockchain industries against high-stakes government enforcement actions. дальше »

2021-7-2 04:10


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US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions

A U. S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. дальше »

2021-7-1 02:30


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U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […] дальше »

2021-7-1 00:05


Blockchain Caucus Co-Chair: Government Needs The Ability To Reverse Transactions

As blockchain technology becomes more applicable to business and its uses continue to grow, investors are curious as to how the US will regulate crypto. Influential figures at the highest levels of the United States government are finally beginning to discuss cryptocurrencies, blockchain tech, digital assets, and how to regulate and tax those assets. On […] дальше »

2021-6-30 19:37


Following The Biggest Scam In Bitcoin History, South Africa To Tighten Crypto Regulation

After possibly the biggest scam in Bitcoin history, South African government moves to stiffen regulation regarding crypto assets. South Africa Responds To Bitcoin Scams Over the past couple of years, the nation has observed a series of crypto scams, including two of the biggest Bitcoin scams ever. The first of these was in 2020, when […] дальше »

2021-7-1 17:44


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Why China’s Oldest Crypto Exchange Has Shut Down Its Bitcoin Business

BTCChina, one of China’s oldest crypto exchanges, has reportedly exited the bitcoin business for good in response to the government’s recent crackdowns on the cryptocurrency industry.  BTCChina Pulls The Plug On Bitcoin Business Amid Government’s Anti-Crypto Crackdowns According to a report by the South China Morning Post on Thursday, BTCChina has completely ditched the bitcoin […] дальше »

2021-6-29 19:31