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US Government Prematurely Sells Seized Bitcoin, Missing Out on $1.65 Billion
The United States government, which has held a total of 185,230 bitcoins following multiple seizures, has lost out on almost $1. 7 billion by selling them too early. Meanwhile, other governments have their own holdings of Bitcoin and have been reaping the benefits. дальше »
2020-2-11 11:25 | |
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UAE’s Ministry Of Health and Prevention (MoHAP) To Put Digital Health Data On Blockchain
The Ministry of Health and Prevention (MoHAP) in partnership with other government agencies in the UAE has rolled out a blockchain-based platform to store health data, Cointelegraph reports. According to a local news outlet in the country, The Emirates News Agency, the new blockchain-based platform is primed to enhance efficiency in the health ministry as […] дальше »
2020-2-4 23:54 | |
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China’s Government Fails to Stop Coronavirus from Infecting Stock Markets
The Communist Party of China (CPC) is desperate to stop the coronavirus outbreak from negatively impacting its financial markets, but it is running out of options. The post China’s Government Fails to Stop Coronavirus from Infecting Stock Markets appeared first on CCN.com дальше »
2020-2-3 11:42 | |
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US Debt Spiralling Out of Control, Why it’s Big for Crypto
Over the next decade, the Congressional Budget Office predicts US government debt will rise to levels not seen since the 1940s. The irresponsible fiscal policy is another example of the current system’s shortcomings when compared to immutable crypto assets. дальше »
2020-1-30 01:00 | |
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China’s Overreaching Social Credit System Makes Room for Bitcoin to Shine
The Chinese government of today is known for several things, but perhaps one of the most prominent will be its consistent efforts to keep control of its people. By launching several initiatives, Beijing has gone well out of its way to ensure that it has its eyes all over the country. дальше »
2020-1-15 09:14 | |
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$11.4 Billion in Crypto-Based Transactions Flowed Out of China in 2019 Despite Ban: Report
Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […] дальше »
2020-1-13 17:48 | |
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Here’s Why Trump Threatening Iraq of Losing Their Oil Reserves is Bullish for Bitcoin
Iraq could lose access to its critical government bank account if they kick out American forces, warns Trump administration according to Iraqi officials. The reports came after US airstrike killed a top Iranian general, Qassem Soleimani at Baghdad International Airport. дальше »
2020-1-12 18:40 | |
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LATOKEN schedules the Blockchain Economic Forum in Davos
On the 20th – 24th of January 2020, LATOKEN is hosting the Blockchain Economic Forum in Davos. During the 8th BEF, 2 out of 5 days of the forum are dedicated to panel discussions, with a total of 40+ high-level speakers such as government officials, startups founders, and fintech/capital markets executives, including: – Christopher Giancarlo […] дальше »
2019-12-31 10:39 | |
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Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
China’s Hengfeng Bank is set to get a $14. 2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. дальше »
2019-12-19 10:33 | |
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China’s Blockchain Revolution Helping Cut out US Tech Companies
While it might appear as if the China-US trade war has seemingly simmered down, there is still a lot of animosity between the two camps. Reports are now coming in that the Chinese government is banning workers from using technology products made by United States companies. дальше »
2019-12-11 00:18 | |
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South Korea: Government Mulling Taxing Cryptocurrency Capital Gains
The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019. South Korean Authorities Taming the Crypto Conundrum In their short history, cryptocurrencies haven’t exactly been able to earn the trust of a large number of financial watchdogsRead MoreRead More. дальше »
2019-12-9 18:00 | |
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Government Officials in Russia Allegedly Sell Access to Moscow’s CCTV Infrastructure
Most technology-related news coming out of Russia will not be positive. New research confirms access to Moscow’s surveillance system can be purchased for very little money. The things one can buy on online forums and messenger groups are absolutely astonishing, but not in a positive manner. дальше »
2019-12-9 06:00 | |
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Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto
It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. дальше »
2019-8-12 14:00 | |
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Bitcoin mounts a challenge to the government and its regulatory overlords
Every invention or discovery the world has ever seen came to be because of the inadequacy of the present. Steam engines evolved because of the inadequacy of transportation, computers and mobile phones evolved because of the inadequacy of technology, and the Internet was born out of the inadequacy of communication and information. дальше »
2019-8-9 17:30 | |
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India set to lose $12.9 billion worth of market if they proceed to ban crypto
The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12. дальше »
2019-8-8 20:00 | |
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Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In
As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News. Bitcoin. com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in India. дальше »
2019-8-7 09:35 | |
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Calls Intensify for Indian Government to Regulate Cryptocurrency
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are. дальше »
2019-7-29 12:15 | |
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Trump Administration Hates Bitcoin but Fine with Off-Shore Tax Havens?
For all the damning rhetoric about Bitcoin and its use in enabling money laundering spewed from the Trump administration of late, you would think that those closest to the President have never dreamed of exploiting loopholes to avoid paying tax. дальше »
2019-7-26 00:00 | |
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Facebook’s Libra Is Now More Popular Than Ethereum And XRP
Even though the Libra project is in its development phase, at the same time has gotten a lot of backlash from various people and the government. Nevertheless, it has continued to gain more popularity by the day. дальше »
2019-7-22 10:43 | |
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Bitcoin’s perfect combination of pseudonymity and decentralization has allowed it to survive the government
Bitcoin has been alive for more than 10 years now, and it gets stronger with each passing day. On the other hand, Facebook’s Libra, which is yet to be launched, is facing a lot of setbacks from the government. дальше »
2019-7-19 22:30 | |
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Tim Draper: Indian Government Is Pathetic And Corrupt Over Crypto Ban Proposal
Following a leaked bill from the India government proposed a blanket ban on cryptocurrency, Tim Draper, a Bitcoin worshipper and investor in Tezos has come out to condemn the move. Now in a strongly worded message, the outspoken investor who recently advocated Bitcoin to the government of Argentina referred to India’s proposed bill as being […] дальше »
2019-7-18 00:12 | |
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UK Government to Focus on Crypto Asset Space as Part of New Financial Crime Clampdown Plan
Because it’s mostly untraceable and irreversible, cryptocurrency is still the number one choice for criminals to carry out or hide criminal activity or ill-gotten gains. The last few weeks have seen a slowly increasing number of cities in the U. дальше »
2019-7-15 20:29 | |
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Мнение: Дональд Трамп может запретить биткоин в США, однако это крайне маловероятно
Президент США Дональд Трамп, который совсем недавно нелестно отозвался о биткоине в частности и криптовалютах в целом, теоретически может запретить американским гражданам взаимодействовать с биткоином или же существенно ограничить доступ к криптовалютным площадкам, считает исследователь Алекс Крюгер. дальше »
2019-7-15 13:32 | |
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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution. дальше »
2019-7-15 21:45 | |
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How the US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution. дальше »
2019-7-15 21:45 | |
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Mnuchin Warns US Debt Ceiling Near, Wants Spending Spigot Open
U. S. Treasury Secretary Steven Mnuchin warns the United States might max out its credit limit in September. If that happens, the federal government will not be able to pay some of its bills. In a letter to House Speaker Nancy Pelosi (D-Calif. дальше »
2019-7-13 00:50 | |
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Cuba Looking to Circumvent U.S. Sanctions with Cryptocurrency
In a bid to find out the best possible ways to effectively weather America’s severe economic sanctions, the Cuban government has begun studying cryptocurrency in collaboration with blockchain experts and academics, according to a Reuters report on July 3, 2019. дальше »
2019-7-5 13:00 | |
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John McAfee Over the Moon, Offers His Services to Cuba on Crypto
The nation of Cuba has formally announced plans to utilize cryptocurrency on an international scale, and one resident couldn’t be happier. John McAfee, who is currently hiding out somewhere in Havana, praised the decision by the Cuban government and offered his help. дальше »
2019-7-4 03:30 | |
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Dutch ministers push for cryptocurrency regulation to fight money laundering
Dutch ministers want to regulate cryptocurrencies as part of a wider effort to tackle money laundering in the country. According to a note sent to parliament on Monday, Minister of Finance Wopke Hoekstra and Ferdinand Grapperhaus, Minister of Justice and Security, want to limit the risks associated with cryptocurrencies and make the Netherlands a leader in the fight against money laundering. дальше »
2019-7-2 13:03 | |
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Japan holds crypto exchange FISCO on the grounds of anti-social activities
The Financial Service Agency (FSA) took FISCO cryptocurrency exchange to task earlier today for business violation. This development comes as an aftermath of FISCO’s raid that was carried out in February. дальше »
2019-6-22 02:30 | |
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Facebook Yet To Speak With RBI About Its Libra Project
With the Royal Bank of India (RBI) looking to find out whether or not Libra will operate on a "closed system," reports indicate Facebook is yet to meet with RBI officials or anyone within the Indian government. дальше »
2019-6-21 00:25 | |
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Oxfam adopts crypto; distributes disaster relief in the form of cryptocurrencies in Vanuatu
Oxfam has joined hands with an Australian tech start-up, Sempo, and a blockchain technology company, ConsenSys, to provide aid to disaster victims in Vanuatu. However, in something out of the customary, Oxfam will be providing this aid in cryptocurrency, and not in cash. дальше »
2019-6-18 21:00 | |
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Chinese Government Partners With Ali Pay To Launch A Blockchain-Based Bill Payment Platform
China’s Zhejiang province has rolled out the nation’s first blockchain electronic bill platform in association with Alipay. This scheme allows the customers to keep all the records of and bills at one place. дальше »
2019-6-16 23:49 | |
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Italy’s Planned Mini-BOTS Draw Comparisons To ‘ICO Utility Tokens’
Doubts were raging over Italy’s plans to issue a new currency called ‘mini-bots’ this week after it appeared it would have nothing whatsoever backing its value. Italy’s Paper Backed By Nothing Italy, which is suffering from a crippling debt crisis, is constantly seeking a way out of the red, but its populist government has failed to strike any form of deal with the European Union. дальше »
2019-6-14 14:00 | |
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Bitcoin mining migrating from China to the United States
There are signs that Bitcoin mining is beginning to gain a foothold in the United States—a win for the decentralization of the cryptocurrency ecosystem. Considering the looming crypto mining ban, increasing pressure from the U. дальше »
2019-6-7 22:41 | |
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What a bit! Donald Trump’s European Adventures; Sadiq Khan and Queen
Watch What a bit! with William Grant discussing Donald Trump vs Sadiq Khan, Trump’s European Adventure & Queen. Trump goes head to head with London mayor, Sadiq Khan calling him a Nasty, stone cold loser while arriving in the UK. дальше »
2019-6-6 19:08 | |
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Craig Wright: Bitcoin Users Are Money Launderers & Will Rot in Jail
By CCN: According to self-declared Bitcoin creator Craig Wright, everyone who runs a Lightning node, uses privacy-centric cryptocurrency Monero, or uses mixing services like CashShuffle will be guilty of money laundering and eventually suffer the brutal legal consequences. дальше »
2019-6-5 19:15 | |
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FBI Brings Crypto Exchange QuadrigaCX Investigation to the United States
By CCN: The FBI officially expanded the QuadrigaCX case, in which the founder suspiciously died, and more than $100 million in cryptocurrency was lost, to the United States today. The agency took to Twitter to ask for US-based victims of the crime to come forward. дальше »
2019-6-5 09:33 | |
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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »
2019-6-4 19:03 | |
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North Korean Hackers Attack Upbit Users in South Korea
North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit. News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. дальше »
2019-6-1 00:54 | |
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Australian Government Publishes Update on Cryptocurrency and ICO Rules
The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). дальше »
2019-6-1 19:04 | |
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Man Sentenced for Illegal Money Transmission Services on LocalBitcoins
U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users. дальше »
2019-6-1 18:55 | |
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Japan Advances New Crypto Bill, Regulator Explains
Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News. Bitcoin. com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. дальше »
2019-5-30 09:23 | |
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New Cryptocurrency Bill Advances in Japan, Regulator Explains
Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News. Bitcoin. com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. дальше »
2019-5-30 09:23 | |
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Cardano [ADA]: Low value currencies ‘should be digitized,’ claims Charles Hoskinson
Charles Hoskinson, IOHK CEO and Founder of Cardano, had recently collaborated with the Ethiopian government to roll out Enterprise Blockchain Framework, in a bid to develop a new digital asset that provides a secure and reliable payment method. дальше »
2019-5-24 20:00 | |
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Dow in Freefall as Terrifying 15-Year US-China Trade War Looms Large
By CCN: Dow Jones futures point to a calamitous open for the US stock market on Thursday. Reports out of China suggest that hopes of a trade deal are further away than anyone could have imagined: a terrifying 15 years. дальше »
2019-5-23 14:10 | |
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Elon Musk Cries Foul After US Govt Chooses Rival Rockets Over SpaceX
By CCN: Elon Musk must be feeling the pressure of his SpaceX and Tesla empires crumbling. SpaceX filed a lawsuit against the federal government, alleging the Air Force Space and Missile Systems Center shouldn’t have awarded billions in contracts to other firms – including Jeff Bezos’ Blue Origin. дальше »
2019-5-23 04:45 | |
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Kenya is allegedly selling citizen data to highest corporate bidder
According to Dr. Roselyn K. Akombe, Chief of Policy Planning and Guidance at the United Nations and ex-commissioner of Kenya’s Independent Electoral and Boundaries Commission (IEBC), the country’s government is going to sell all the citizen data collected through the Huduma Namba exercise to the highest bidder. дальше »
2019-5-22 18:13 | |
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