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Crypto Investing has Left Gen Z Koreans With Massive Debt, Claims Government Official
A member of South Korea’s National Assembly has stated that the debts of the country’s younger generation saw a massive increase due to investment in cryptocurrency, stocks, and real estate. дальше »
2021-7-9 23:00 | |
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Israeli Government orders seizure of Hamas-linked crypto wallets
The country’s Minister of Defence Benjamin Gantz signed the order for crypto wallets associated… The post Israeli Government orders seizure of Hamas-linked crypto wallets appeared first on Coin Journal. дальше »
2021-7-8 15:13 | |
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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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Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan
In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. дальше »
2021-7-8 22:30 | |
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China Banned Bitcoin Mining. What Happens To Small Hydropower Stations Now?
This China Business News article about hydropower stations will blow your mind. It contains revelation after revelation and clears the situation up. Now that Bitcoin mining is prohibited, who’s consuming that energy? How has the government decision affected private enterprises? Well, you’re not going to believe this. дальше »
2021-7-8 19:06 | |
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India: Finance Minister Confirms Crypto Regulations are Incoming
India is getting closer to regulating cryptocurrencies on its own territory. The finance minister of India has presented an update on the country’s cryptocurrency bill, which the government has been working on. дальше »
2021-7-7 10:39 | |
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India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. дальше »
2021-7-6 16:30 | |
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World Economic Forum Article Highlights How Blockchain Could Help Tackle Corruption in Government Services
An article published on the World Economic Forum (WEF) website by a company executive, stated the benefits of blockchain, saying that the emerging technology could be the solution to mitigating corruption in government services. дальше »
2021-7-6 01:00 | |
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Behind The Bitcoin Curtain: On-Chain Analyst Explains What’s Holding BTC Down
It’s been over ten weeks since BTC’s terrific thud from a $64k ATH. A potpourri of regulatory hurdles, investor setbacks, and government clampdown has clipped its wings halfway down its all-time highest performance. дальше »
2021-7-6 22:01 | |
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Japan: CBDC Plans to Take Shape in Late 2022, Says Government Official
Japan’s central bank digital currency plans will reportedly take shape by the end of 2022 as CBDC development across the globe gathers pace. With China leading the charge, other major economies seem to be working towards international collaboration to counter Beijing’s national digital currency ascendency. дальше »
2021-7-5 19:00 | |
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IBC Group CEO: China’s crypto crackdown represents a ‘huge opportunity for Canada
IBC Group, a private equity firm that focuses on blockchain technology, has closed down all its Bitcoin (BTC/USD) and Ethereum (ETH/USD) mining facilities in China in response to the government’s decision to limit cryptocurrency mining. дальше »
2021-7-6 16:24 | |
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How El Salvador Could Issue Digital Bond To Strengthen Bitcoin Law
Per a Bloomberg report, Canada-based company Blockstream will aid El Salvador in its effort to implement its Bitcoin Law. The company has proposed the national government issue digital bonds backed by U. дальше »
2021-7-4 21:54 | |
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Blockstream Pitches Digital Dollar Bond to El Salvador Government
Blockchain technology company Blockstream has been in talks with the El Salvador government regarding a new digital bond, denominated to the U. S. dollar. Their proposal comes amid El Salvador's efforts to roll out bitcoin (BTC) as legal tender. дальше »
2021-7-3 19:50 | |
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News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory
The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. дальше »
2021-7-4 14:54 | |
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India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges
The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. The post India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges appeared first on BeInCrypto. дальше »
2021-7-3 12:46 | |
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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 | |
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Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers. дальше »
2021-7-3 00:30 | |
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US Government Official Calls For ‘Responsible’ Handling Of BTC By El Salvador
US authorities are closely monitoring the onboarding of Bitcoin as a legal tender in neighboring El Salvador and want all angles to be covered, according to AFP. ‘Tough Look At Bitcoin’ Bitcoin may be gaining favor in some countries but not in the United States. дальше »
2021-7-2 19:36 | |
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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 | |
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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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Crypto Exchanges in India Struggle with Limited Banking Access
Shunned by commercial banks, Indian crypto exchanges are dealing with major operational hurdles amid a lack of clear-cut regulations by the government. Peer-to-peer trading remains the order of the day and exchange operators say the risk of fraud in alternative trading rails remains high. дальше »
2021-7-2 23:00 | |
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Illinois Congressman Wants Law Allowing Reversal of Crypto Transactions
Rep. Bill Foster stated the need for legislation that would allow for the United States government to reverse cryptocurrency transactions. The post Illinois Congressman Wants Law Allowing Reversal of Crypto Transactions appeared first on BeInCrypto. дальше »
2021-7-2 22:00 | |
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Congressman Bill Foster Wants Government To Have Power To Reverse Crypto Transactions
A law should be put in place to allow federal courts to identify cryptocurrency owners and reverse transactions where necessary, according to Democratic Rep. Bill Foster of Illinois, the co-chair of the House blockchain caucus. дальше »
2021-7-2 16:59 | |
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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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Crypto custodian Hex Trust gets investment from Hong Kong government digital hub
Hex Trust, a crypto and blockchain asset custodian headquartered in Asia, has announced it has successfully secured investment from Cyberport, Hong Kong’s largest FinTech hub and innovative digital community, which is wholly owned by the Hong Kong SAR Government. дальше »
2021-7-1 00:23 | |
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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 | |
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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 | |
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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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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. дальше »
2021-6-30 10:00 | |
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President Bukele Clears Up Misconceptions About The Government’s Chivo Wallet
On June 24th, in a national broadcast, President Bukele cleared up misconceptions about El Salvador’s Bitcoin Law and presented the government’s wallet. That created a whole lot of new misconceptions about the app itself, the newly minted Chivo Wallet. дальше »
2021-6-29 13:32 | |
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Korean Crypto Exchanges Mulling Lodging a Constitutional Appeal Against Govt
Several exchanges could press a constitutional appeal against the Korean government and the financial authorities as they face the risk of being banned. The development follows the amended Act on Reporting and Use of Certain Financial Transaction Information. дальше »
2021-6-29 04:00 | |
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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 | |
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Huobi bans crypto derivatives trading for users in China
Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown from the government. дальше »
2021-6-29 15:23 | |
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Iran grants 30 licenses to mining farms despite power shortage
The Iranian government has given 30 crypto mining farms licensees to continue operations despite the power shortage currently witnessed in the country. According to the report, four of the licenses were granted to miners at the province of Alborz while six mining farms in the Semnan province received licenses as well. дальше »
2021-6-28 13:46 | |
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30 Bitcoin miners receive licenses in Iran amidst BTC hashrate drop
Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. The post 30 Bitcoin miners receive licenses in Iran amidst BTC hashrate drop appeared first on CryptoSlate. дальше »
2021-6-28 11:26 | |
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Americans Now Want To Be Vastly Paid In Bitcoin, Courtesy Of El Salvador. When Will It Happen?
President of El Salvador, Nayib Bukele, in a recent national address revealed that the government would pay all its registered adult citizens $30 in Bitcoin to their digital wallets. Bukele also introduced the official wallet to which the airdrop will happen. дальше »
2021-6-28 23:43 | |
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Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. дальше »
2021-6-27 06:00 | |
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Strike’s Jack Mallers sets the record straight as Fox makes case against Bitcoin in El Salvador
Jack Mallers, the CEO of Bitcoin wallet firm Strike, worked with the El Salvadorian government as an advisor on Bitcoin infrastructure. The post Strike’s Jack Mallers sets the record straight as Fox makes case against Bitcoin in El Salvador appeared first on CryptoSlate. дальше »
2021-6-26 07:00 | |
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SEC accuses XRP Army of issuing 'false statements' against its leadership on social media
The commission argued that Ripple’s motion, if granted, would open the floodgates for the company to request testimony from high-ranking government officials. дальше »
2021-6-27 00:30 | |
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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 »
2021-6-25 19:00 | |
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Every Adult Citizen In El Salvador To Receive $30 Worth of Bitcoin From The Government
El Salvador is planning to airdrop $30 in bitcoin to its citizens, the country’s president, Nayib Bukele, announced during a national address on Thursday. El Salvador To Airdrop BTC During his address, Bukele unveiled a bitcoin e-wallet dubbed Chivo — a slang word that means cool in Spanish — that will be preloaded with free […] дальше »
2021-6-25 16:52 | |
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Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. дальше »
2021-6-25 16:30 | |
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4.5 million people will receive $30 Bitcoin ‘airdrop’ in El Salvador, President says
4.5 million adult citizens will receive an airdrop of $30 Bitcoin (BTC) each from the government of El Salvador, the country’s President, Nayib Bukele has announced. The post 4.5 million people will receive $30 Bitcoin ‘airdrop’ in El Salvador, President says appeared first on CryptoSlate. дальше »
2021-6-25 15:46 | |
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