President of El Salvador: Bitcoin Law Will Be Supported By 200 ATMs and 50 Branches

The President of El Salvador, Nayib Bukele, announced that 200 ATMs and 50 in-person kiosks are being built to launch on September 7. President Bukele also noted that the government will facilitate the buying and selling of Bitcoin without collecting any commission. дальше »

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Iran Will Reintroduce Cryptocurrency Mining in September

Iran is prepared to remove cryptocurrency mining bans in response to this summer’s electricity shortages. According to Iranian media, on September 22nd, the government will overturn the prohibition on cryptocurrency mining for authorized miners. дальше »

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Sweden Government Pays Convicted Drug Dealer $1.5 Million In Bitcoin

The government of Sweden has found itself in the unusual situation of paying out around $1. 5 million worth of Bitcoin to a drug dealer, whom they convicted and then jailed. Authorities are being forced to pay the man 33 BTC, after his illegally obtained bitcoin appreciated while behind bars. дальше »

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A convicted drug dealer gets $1.5M in Bitcoin (BTC) from the Swedish government

For as long as it has been around, the crypto industry has been seeing unusual and strange developments that are difficult to explain. One of the most recent examples of this is the Swedish government paying around $1. дальше »

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Sweden’s Government Forced to Pay Jailed Drug Dealer $1.5M in Bitcoin

Authorities are being forced to pay the man 33 BTC, around $1.5 million, after his illegally obtained bitcoin appreciated while behind bars. The post Sweden’s Government Forced to Pay Jailed Drug Dealer $1.5M in Bitcoin appeared first on BeInCrypto. дальше »

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Wild Bitcoin Price Explosion Forces Sweden To Return $1.6M To Drug Dealer

An earlier case that marked the first instance for Sweden to prosecute a crypto-related crime will now see a jailed drug dealer receive over $1. 6 million from the Swedish government after bitcoin appreciated tremendously while he was incarcerated. дальше »

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Central Banks Were Born From The War Machine And Government Overreach

The distributors of evil have arisen from the fires of hell and seek to destroy all in their path. дальше »

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India: Government e-Marketplace Taps Blockchain Technology for Supply of Vaccines, Medicines

India’s government e-marketplace (GeM) is mulling embracing blockchain technology by running a pilot project to distributed vaccines, medicines. India’s GeM Integrates Blockchain Technology The adoption of distributed ledger technology (DLT) continues to flourish at a rapid rate in India as according to a recent report by Mint, GeM is considering experimenting with the emerging technologyRead More дальше »

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Alibaba Opening NFT Marketplace, Backed by Sichuan Government

Chinese e-commerce giant Alibaba Group Holding is opening a non-fungible token (NFT) marketplace with the approval of the Sichuan provincial government. The post Alibaba Opening NFT Marketplace, Backed by Sichuan Government appeared first on BeInCrypto. дальше »

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America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths

A CNN report has revealed that the US government is stepping up activities to better protect its systems as it is now looking to offer a crypto-assets rewards system to hackers who help them uncover state-backed actors and potential terrorists on the dark web. дальше »

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US Offering Crypto Rewards on Dark Web for Informants

The United States government is offering rewards in cryptocurrency for information leading to the arrest of persons engaged in terrorism. The post US Offering Crypto Rewards on Dark Web for Informants appeared first on BeInCrypto. дальше »

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What Wyoming is doing for the Bitcoin and crypto industry

Even as the American federal government is raining hard on the crypto industry, one state stood out due to its embracement of the novel technology, which is Wyoming. Christened the Wild West of cryptoThe post What Wyoming is doing for the Bitcoin and crypto industry appeared first on AMBCrypto. дальше »

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Argentina president weighs Bitcoin legalization. But his government doesn’t agree

In a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto, but in contrast to his openness, the head of the country’s Central Bank, Miguel Pesce, prepares for a crackdown on the industry. дальше »

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El Salvador's Former Government Official Uses Spotlight to Reject Bitcoin

President Nayib Bukele is facing fierce opposition from his critics дальше »

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Binance vs KuCoin: Features, Fees, Safety & more [2021]

The two most popular Asian exchanges are Binance and KuCoin and both were based in China. After Chinese government banned digital currency exchanges, they both moved to Hong Kong, while Binance later on moved on to Malta even though current reports from TheBlock claim that Binance is not incorporated there but rather on some other, […] The post Binance vs KuCoin: Features, Fees, Safety & more [2021] appeared first on CaptainAltcoin. дальше »

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Government Still Sees Blockchain As “Wild West” Says Blockchain Australia

Blockchain Australia is displeased with the way its government is treating the crypto industry locally. According to the association, the government is judging the industry through malicious scammers and actors who’re tarnishing its image through their activities. дальше »

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Will India's e-RUPI adoption pave the way for CBDC

Prime Minister of India, Narendra Modi launched e-RUPI, a digital voucher program in a bid to boost the country's fintech sector. The Indian government has been making efforts to digitize payments andThe post Will India's e-RUPI adoption pave the way for CBDC appeared first on AMBCrypto. дальше »

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FSA Chief Careful About Making Crypto Investment Accessible for Investors

The Commissioner of Japan’s Financial Services Agency (FSA), has stated that the government is wary about easing its tough regulatory policies on cryptocurrency, primarily due to its volatile nature. дальше »

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Nigerians Continue To Dominate Crypto Adoption In Africa, But There’s A Big Problem To Combat

Nigeria, the most populous black nation, has seen significant growth in Bitcoin adoption. The African country, despite the censorship of cryptocurrency trading by the government, has been one of the leaders in Bitcoin peer-to-peer trading globally. дальше »

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India Just Got Its First Crypto Unicorn

Despite the government’s nonchalance, the Indian cryptocurrency scene is becoming ever more exciting. On Tuesday, the country saw the emergence of the first crypto unicorn. CoinDCX, which was founded barely a few days before the RBI had imposed a ban on cryptocurrencies in India in 2018, has turned into a $1-billion company. CoinDCX Co-founder and […] дальше »

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Ukraine could legalize Bitcoin payments after proposed crypto bill

After the crypto draft bill is adopted, Ukrainians will be able to legally hold, exchange, and spend cryptocurrencies like Bitcoin (BTC), a government official revealed. The post Ukraine could legalize Bitcoin payments after proposed crypto bill appeared first on CryptoSlate. дальше »

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How Governments Mining Bitcoin Could De-Risk Cryptocurrency

There’s seemingly a constant conversation, particularly with those involved in legacy financial institutions, about how cryptocurrency can be – to a certain degree – “de-risked. ” Can government mining, or merely taxation structure, address this? While many traditional financial players that are not crypto-first, but are crypto-adjacent (take Visa as a prime example) are relying on the use of stablecoins like USDC as their main pillar of transactions, there are other conversations happening about how crypto risk can be managed. дальше »

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Jack Dorsey has a 'workable simplification' for crypto tax provision

The lack of regulations in the field of cryptocurrencies once again emerged as a pain point when the United States government released its proposed tax provisions, as part of the Infrastructure Bill. дальше »

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Meet 13-Year-Old Indian Whiz Kid Managing Millions Of Dollars In Crypto

Even as the Indian government is not ready to accord cryptocurrencies any space in the Indian financial system, the strength of the innovative technology behind cryptocurrencies is showing up in most unexpected places. дальше »

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A Recap Of Regulatory Season In Crypto

It’s an open season when it comes to crypto regulation. The government of different countries continues to announce regulations for cryptocurrencies and their trading. These regulations could either be in favor of or against cryptos. дальше »

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Here’s What Happens To All Of The Crypto Assets The IRS Seizes

Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1. 2 billion worth of cryptocurrency. The U. S. government started seizing crypto assets during the Silk Road shutdown of 2013. дальше »

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Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month

Data on Bitcoin peer-to-peer trading has shown that nearly $40 million worth of the leading digital asset was moved in the last 30 days by Nigerian Bitcoin users This figure is in line with those the African country had recorded since her government banned financial institutions from providing their services for crypto transactions. дальше »

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New Innovations In Blockchain And Insurance—MA Insurance Agreement

DeFi Derivatives: Blockchain Insurance Major countries around the world are speeding up the layout of blockchain, and blockchain has also received close attention from various government departments. дальше »

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US Government Looks to Increase Revenue By $30 Billion Via Cryptocurrency Taxes

The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1. 2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms. дальше »

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Indian Government Working on Blockchain Framework to Ease Startup Compliance

Indian government agencies are contemplating leveraging blockchain technology to mitigate compliance burdens on startups, a report by Inc42 claims. Using Blockchain to Ease Startup Compliance In a bid to make it easier for startups to deal with compliance and regulatory hurdles, some Indian government agencies are mulling a move to distributed ledger technology (DLT). Specifically,Read More дальше »

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Is Polkadex on the Right Path with Decentralized KYC?

The crypto industry is seeing more and more headlines about tighter government restrictions.   On July 20 the European Commision (executive branch of the European Union), announced that a new proposal would result in tighter regulation for the cryptocurrency industry—in particular, regulation around anonymous wallets and transactions. дальше »

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India Still In Denial Mode Regarding Cryptocurrencies

The Indian government is in complete denial about cryptocurrencies. Replying to a question by a member of parliament (MP), Finance Minister Nirmala Sitharaman informed parliament on July 27 that the Indian government does not collect any data on the cryptocurrency market. дальше »

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The Israeli government mulls tracking crypto holdings worth over $61K

Israel’s government is bolstering its strategies in the fight against tax evasion and money laundering. A report unveiled this news earlier today, citing a new draft bill published by the country’s Finance Ministry. дальше »

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On Curbing Market Manipulation, Sen. Warren Tells Why She’s Skeptical Of Bitcoin As An Inflation Hedge

The cryptocurrency market requires tighter regulation to benefit small-scale investors and enable the government to push back on the whale-ridden market, according to Senator Elizabeth Warren. The Chair of the Senate Banking Subcommittee made the remarks during an interview with CNBC, adding that heavy money movers often manipulate the price of crypto assets like bitcoin […] дальше »

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Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis

Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets.

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Biden Administration Ponders Crypto Approach

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Kazakhstan to Reportedly Let Banks Open Cryptocurrency Accounts

The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions.  Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More дальше »

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South Korea to amend tax laws for addressing tax evasion by crypto investors

Cryptocurrency investors in South Korea may have to revisit their tax filings to include crypto earnings as the laws get stricter. The government of South Korea recently proposed a revision of its taxThe post South Korea to amend tax laws for addressing tax evasion by crypto investors appeared first on AMBCrypto. дальше »

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Tether (USDT) faces criminal probe in the US, report says

Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto. The post Tether (USDT) faces criminal probe in the US, report says appeared first on CryptoSlate. дальше »

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Blockchain Australia Submits Crypto Regulatory Recommendations to Parliament

Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on Friday, July 23,Read More дальше »

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South Korea Proposing Revision of Tax Code to Allow the Confiscation of Crypto Assets of Tax Dodgers

South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday. The government is proposing to revise tax codes that will allow tax authorities to seize tax dodgers’ crypto assets even if they are held in digital wallets, starting next year. дальше »

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New rules could permit Korean gov’t to seize tax evaders’ crypto

South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets. дальше »

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Protests Erupt In El Salvador Over The Government’s Bitcoin Law

After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »

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Is Elon Musk Shilling Bitcoin Again? See New Meme He's Just Published

Tesla CEO has posted a meme about lack of trust to the government, some believe he may have resumed pumping Bitcoin дальше »

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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners

The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. дальше »

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Decentralization & Gamification: Pushing The Online Fitness Industry Needs

COVID-19 was a terrifying time for many people worldwide, with important businesses and industries suffering significant setbacks. Some even had to shut down their operations due to the lockdown imposed by almost every government. дальше »

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Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024

Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. дальше »

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South Korea: Crypto Exchanges Must Register in 2 Months, Warns FSC

The South Korean government’s top financial regulator warned Thursday that foreign cryptocurrency exchanges that target Koreans would risk banned access to their websites as well as criminal investigations unless they register with the country’s anti-money laundering authority. дальше »

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A Comprehensive Review of Nucoin

NuGenesis is a decentralized blockchain that uses Artificial Intelligence (AI) to power its operations. The blockchain was first built to cater to government & transnational corporate applications. дальше »

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'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay

The Indian cryptocurrency community is fighting the lack of regulatory clarity actively, but the government seems to be more enthused about the development of its digital rupee. Today, the Reserve BanThe post 'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay appeared first on AMBCrypto. дальше »

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