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Why Governments Are Scared of Cryptocurrencies: The Truth They Don’t Want You to Know
With the increasing innovation and development in cryptocurrency seen in projects like Avorak, there seems to be increased apprehension by governments and traditional finance systems. Can crypto shake up traditional finance? The fundamental feature of cryptocurrencies lies in their decentralized nature, removing the need for intermediaries like banks or regulatory bodies. дальше »
2023-6-15 17:00 | |
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Quantum Fund Cofounder Jim Rogers Insists Governments Could Ban Cryptocurrencies
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, is still worried about governments outlawing bitcoin and other cryptocurrencies. “If cryptocurrencies become successful, most governments will outlaw them, because they don’t want to lose their monopoly,” he said. дальше »
2021-4-26 03:30 | |
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These Countries Banned Cryptocurrencies, Here’s Why
The relationship between governments and cryptocurrencies has always been tense. In some countries, this has led to outright bans on buying, owning, and trading. The post These Countries Banned Cryptocurrencies, Here’s Why appeared first on BeInCrypto. дальше »
2021-4-23 00:05 | |
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Kraken CEO Jesse Powell: You Can’t Rule Out A Crackdown On Cryptocurrencies
Kraken CEO Jesse Powell believes the crypto industry could be subject to regulatory crackdowns from governments around the world soon. Governments Clamping Down On Cryptocurrency With the rate at which cryptocurrencies have surged lately, the Bitcoin exchange CEO said there could be some crackdown. дальше »
2021-4-14 22:38 | |
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Indonesian government will set up a crypto exchange in future
For many governments, the race to stay afloat within the crypto space is becoming more interesting. Although some countries are still skeptical about the viability of cryptocurrencies, many are in the process of developing their central bank digital currencies. дальше »
2021-3-28 17:25 | |
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Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and are expected to start regulating the industry […] дальше »
2021-3-22 04:30 | |
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Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats
Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats. Cryptocurrencies are an increasingly popular store of value. Banks and governments are adopting a more liberal stance to cryptocurrency adoption and use for various economic activities. дальше »
2021-3-17 07:50 | |
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Domino Effect: Is India The Start Of Weaker Governments Banning Bitcoin?
This week, it was revealed that India would seek to impose some of the most stringent rules globally on cryptocurrencies, banning citizens from owning, trading, transferring, or mining assets like Bitcoin and altcoins. дальше »
2021-3-16 18:30 | |
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TaxBit Review: Cryptocurrency Tax Software You Can Depend On
Given the increasing popularity of digital currencies, governments worldwide are looking for ways to regulate the crypto revolution and tax digital currency use effectively. Many governments throughout the world have now issued taxes that are due for cryptocurrencies, so soon every single transaction whether you bought or sold digital currency will need to be tracked […] The post TaxBit Review: Cryptocurrency Tax Software You Can Depend On appeared first on CaptainAltcoin. дальше »
2021-3-16 17:25 | |
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Jim Rogers Regrets Not Buying Bitcoin but Warns Governments May Outlaw Cryptocurrencies
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency. дальше »
2021-3-5 05:30 | |
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Majority of Countries Need far Clearer Tax Guidance on Crypto Staking: US Library of Congress
While there have been some impressive progress in the furthering relationship between cryptocurrencies and state governments, there is still a ways to go. According to the United States' Library of Congress, this assessment published a thorough 124-page report this month. дальше »
2021-2-5 21:30 | |
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Crypto hedge fund CEO testifies to Washington State Senate about the challenges of regulating digital assets
Crypto regulations have proven to be a slippery slope so far, with governments around the world continuing to suppress the industry’s organic growth by instilling poor policies and a general disregard for cryptocurrencies. дальше »
2020-12-4 19:17 | |
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Chile's CMF now working with Central Bank on crypto-regulations
Even though the idea of cryptocurrencies has been to provide financial independence to people, for worldwide adoption, crypto will require support from world governments. This is an important step sinThe post Chile's CMF now working with Central Bank on crypto-regulations appeared first on AMBCrypto. дальше »
2020-11-14 19:00 | |
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Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments
The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U. дальше »
2020-11-14 02:30 | |
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Hedge Fund Titan Ray Dalio Foresees Governments Banning Bitcoin If It Becomes A Roaring Success
Ray Dalio, hedge fund titan, and well-known bitcoin skeptic says governments could potentially “outlaw” bitcoin and other cryptocurrencies should they become too successful. Dalio is the founder of Connecticut-based Bridgewater Associates hedge fund which has approximately $160 billion assets under management. дальше »
2020-11-12 21:19 | |
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Samson Mow: Bitcoin Mining Will Become A Strategic Investment Sector For Many Nation-States
Cryptocurrencies are getting so attractive that they’re catching the attention of nation-states that are now trying their hands at them. For example, the Kazakh government is now a major crypto miner, something that comes as a shock to many considering that most other governments have decided to keep a lukewarm stance on cryptos. According to […] дальше »
2020-9-6 22:20 | |
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New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow
Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. дальше »
2020-8-24 07:30 | |
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The Russian Government Wants to De-Anonymize Bitcoin – Here’s How They Are Going About It
Very few people would expect actual government authorities to be trying to strangle the development of an already vibrant economic space like the crypto industry – especially the Bitcoin market. Interestingly, some governments seem to be threatened by cryptocurrencies. дальше »
2020-8-13 12:27 | |
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Veteran Investor Predicts Doom for Cryptocurrencies, Warning Bitcoin’s Value Could Plummet to Zero
Investor Jim Rogers has now spelled doom for Bitcoin, generally virtual currencies that are not state-backed. This was in a report published by a Japanese media outlet, Aera Dot. He has expressed the sentiment that the governments globally have put a ceiling on how much cryptocurrencies could adopt. He believes that as soon as a […] дальше »
2020-6-29 00:14 | |
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Even the New York Fed Doesn’t Know the Meaning of Fiat Money
There are many labels one could attribute to Bitcoin and other cryptocurrencies. A recent statement by the New York Fed, however, has the crypto community up in arms. Governments and regulators are often criticized for not understanding cryptocurrencies. дальше »
2020-6-22 00:00 | |
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For Bitcoin's blockchain, does increased surveillance add to security or state control?
Cryptocurrencies are considered to be seizure and censorship-resistant, when compared to fiat currencies. This has been significantly beneficial to people who have been targeted by governments or who The post For Bitcoin's blockchain, does increased surveillance add to security or state control? appeared first on AMBCrypto. дальше »
2020-4-24 21:30 | |
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As CBDC plans continue to increase, are crypto ideals being forgotten?
As cryptocurrencies gain more traction and see increased adoption from a wide variety of users, central banks and governments are now trying to take capitalize on the predominant sentiment. The surge The post As CBDC plans continue to increase, are crypto ideals being forgotten? appeared first on AMBCrypto. дальше »
2020-4-20 23:00 | |
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Bullet-Proof Crypto Mixer ‘’PenguinX’’ Brings Anonymity to Bitcoin
Bitcoin was born with the intention of having a currency free from the control of banks and governments. However, Bitcoin and most other cryptocurrencies are transparent and can be subject to analysis techniques that destroy users’ privacy. дальше »
2020-4-9 07:14 | |
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Are CBDCs the way governments can rein in use of private currencies?
In order for cryptocurrencies to see greater adoption, many a time, the need for a transparent and robust regulatory infrastructure is cited. The need for and creation of CBDCs, in many ways, is in reThe post Are CBDCs the way governments can rein in use of private currencies? appeared first on AMBCrypto. дальше »
2020-4-2 00:30 | |
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Are CBDCs a pathway to innovation or instrument of state surveillance?
Cryptocurrencies have come a long way from the days when they were almost universally looked at with fear and suspicion. Today, the trend has changed substantially, with governments and central banks The post Are CBDCs a pathway to innovation or instrument of state surveillance? appeared first on AMBCrypto. дальше »
2020-3-18 18:00 | |
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Bitcoin, cryptocurrency education-lacking governments may be portraying crypto negatively
Cryptocurrencies such as Bitcoin still haven't fully recovered from their perceived ties to the darknet and Silk Road. While users and early adopters of cryptocurrencies turned to it as an act of defiThe post Bitcoin, cryptocurrency education-lacking governments may be portraying crypto negatively appeared first on AMBCrypto. дальше »
2020-2-29 12:00 | |
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France and Austria tap Blockchain Analysis to Reduce Crypto Crime
Criminals have been drawn to cryptocurrencies for some time. Governments in Europe are now joining forces to put an end to this illicit activity. According to local sources, France’s NIGMA Conseil and Austria’s Institute of Technology are joining forces. дальше »
2020-2-27 02:00 | |
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A New Generation of HardWallet: How HASHWallet Protocol Protects Users Cryptocurrencies on Blockchain
Data breaches are a major concern to internet users, organizations, and governments. In 2013, almost 3 million customer credit card records were stolen from the Adobe database. Also, information pertaining to 60 million users was accessed on the U. дальше »
2020-2-26 13:54 | |
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US Officials Hint at Extra Regulation for Bitcoin
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. дальше »
2020-2-14 02:00 | |
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United States, Europe-based retail banks plagued by illicit crypto-MSBs
One of the biggest concerns for governments and traditional investors across the world regarding cryptocurrencies is the popular misconception that these have the potential to facilitate bad actors. дальше »
2020-2-13 01:30 | |
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China's attitude could influence global crypto-regulations
They say the opposite of love is indifference; and if one thing has been made clear over the last few years, it is that governments and regulators are no longer indifferent toward cryptocurrencies. дальше »
2020-2-11 18:30 | |
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WEF’s New Global Consortium To Focus On Cryptocurrency Governance Framework
The World Economic Forum (WEF) has announced the creation of a global consortium which will come up with a governance framework for all cryptocurrencies comprising stablecoins. In a blog post, WEF announced that after extensive consultation among the global community members, an international consortium which will work closely with financial institutions, representatives of governments, developers […] дальше »
2020-1-27 18:31 | |
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Reserve Bank of Australia Looks To Deny Cryptos Like Facebook’s Libra Until Regulations Are Met
When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA) has announced it has serious doubts. RBA officials said in December last year they don’t believe cryptocurrencies will ever take the place of money issued by governments. дальше »
2020-1-9 20:58 | |
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Altcoins can decouple from Bitcoin as they follow a 'unique trend'
From governments to mainstream companies, everyone has looked into cryptocurrencies and blockchain. While the industry did welcome many big shots, the price of most cryptocurrencies including Bitcoin The post Altcoins can decouple from Bitcoin as they follow a 'unique trend' appeared first on AMBCrypto. дальше »
2019-12-30 23:30 | |
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Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property
A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. дальше »
2019-12-26 12:15 | |
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Nigeria's Bitcoin interest flies in the face of Central Bank's caution
Conceived as an alternative to traditional financial and banking solutions, cryptocurrencies have come a long way. However, despite mainstream recognition, there remain many, both in governments and mThe post Nigeria's Bitcoin interest flies in the face of Central Bank's caution appeared first on AMBCrypto. дальше »
2019-12-9 18:06 | |
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Exchanges delisting Monero are doing it 'out of ignorance'
While the perception of cryptocurrencies has changed for the better since the crackdown of Silk Road, the outlook on privacy-enhancing cryptocurrencies has not seen much change. Governments continue The post Exchanges delisting Monero are doing it 'out of ignorance' appeared first on AMBCrypto. дальше »
2019-12-8 12:30 | |
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Ghana announces plans to issue its own Cedi-backed cryptocurrency
2019 began with little to no interest in cryptocurrencies from nation-states and governments. However, as the year progressed, several countries have announced the development of their own digital curThe post Ghana announces plans to issue its own Cedi-backed cryptocurrency appeared first on AMBCrypto. дальше »
2019-11-27 16:36 | |
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Wyoming could get 8 new blockchain laws in 2020
The popularity of cryptocurrencies and blockchain technology seems to be surging lately, with several governments now taking steps to regulate the same. One such state in the United States is Wyoming,The post Wyoming could get 8 new blockchain laws in 2020 appeared first on AMBCrypto. дальше »
2019-11-26 10:30 | |
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Bitcoin Price Headed For $20k – $25k Zone Next Year: Analyst
The crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year. дальше »
2019-11-24 22:18 | |
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Governments Viewing Crypto as a Threat Will Be Left Behind
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. дальше »
2019-11-18 12:35 | |
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Global Trend Against Cash Intensifies as China Joins the Squeeze
For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over their monetary policies, more and more governments are now working to […] The post Global Trend Against Cash Intensifies as China Joins the Squeeze appeared first on Bitcoin News. дальше »
2019-11-16 13:00 | |
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Russia Central Bank Comes Out Against ‘Monetary Substitutes,’ But Supports Stablecoins
The Bank of Russia has put out a statement saying it is against any ‘monetary substitutes. ’ That being said, the bank is currently actively studying stablecoins planned by various national governments. дальше »
2019-11-8 00:32 | |
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Turkey Becomes the Latest Nation to Work on Digital Fiat
Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based” national currency. дальше »
2019-11-8 17:35 | |
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Federal Reserve Crypto Job Post Suggests US Won’t Lie Down in Bitcoin Arms Race
There has been a steady growth in interest for cryptocurrencies and blockchain from governments, regulators, and enterprises. Now, the U.S. Federal Reserve is showing it too does not want to be left out after posting a job for a retail payments manager that will facilitate innovations research around digital currencies, stable coins, and distributed ledger […] The post Federal Reserve Crypto Job Post Suggests US Won’t Lie Down in Bitcoin Arms Race appeared first on BeInCrypto. дальше »
2019-11-6 22:20 | |
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Governments Planning Their Own Cryptocurrencies Means War, Not Flattery
It would be easy to believe that governments and Central Banks showing their interest in blockchain and cryptocurrency would indicate flattery to the decentralized pioneering coins. Instead, it should be considered a direct threat and stern competition. дальше »
2019-11-5 01:47 | |
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UK Officials Introduce Streamlined Cryptocurrency Taxation Guidelines
The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities. дальше »
2019-11-5 22:30 | |
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