The U.S. government redefined the conventional meaning of a recession, ostensibly in order to avoid its economy from slipping into recession earlier than it wants it to. Or at all. That means even if ...
Tag: government
China Government Application For Digital Yuan
– Advertisement – The government of China is looking forward to launching its digital currency in the market, just like the crypto coins. To ensure this works, the Chinese government has a...
House lawmakers prep bipartisan stablecoin bill to unveil next week
Members of the House of Representatives are working to get a stablecoin bill together for a markup meeting next Wednesday. Democrats of the House Financial Services Committee are holding a member cal...
South Korean Government Postpones 20% Taxation on Crypto Assets Till 2025
The South Korean government announced Thursday the suspension of the 20% tax imposed on crypto incomes set within the limit of 2.5 million won ($1,942.20) till January 2025, citing “the lack of an inv...
Italian Prime Minister Mario Draghi Resigns As Coalition Government Crumbles
Topline Italian Prime Minister Mario Draghi resigned on Thursday after his coalition government unraveled, raising the prospect of snap elections and months of political turmoil as the country battles...
Government officials’ NFT investments are under review by the OGE
Recently, the OGE, United States Office of Government Ethics, published a legal law on NFT investments between government entities. According to the OGE, all these people must show their transactions ...
US ethics agency issues new rules for employees who own NFTs
US executive branch employees who own NFTs must disclose assets they hold for investment or production income that are worth more than $1,000, according to a new legal advisory from the Office of Gove...
USDC issuer Circle lays out its hopes for coming stablecoin policy
Dante Disparte, the leader of Circle’s government work, on July 18 published a set of 19 principles for stablecoin regulation, as part of the company’s efforts to shape US stablecoin polic...
US Government Officials Must Now Publicly Declare NFT Holdings
Two weeks after banning crypto-owning government employees from working on policy, the U.S. government is now insisting that staff declare their non-fungible token (NFT) holdings. The Office of Govern...
Why is the government afraid of the bitcoin cryptocurrency?
In recent news, the government of India has been fearful of the bitcoin cryptocurrency. However, many experts believe this is a baseless fear and that bitcoins can be helpful for governments. For more...
XANA Targets Tourism Market Through Government and Corporate Deals
XANA has announced its entry into tourism through Government and Corporate deals. Additionally, XANA is in talks with big tourism brands based in Japan to better its network in the industry. XANA shar...
UK government meets crypto exchanges
Several meetings have taken place in Britain since the beginning of the year between the UK Treasury Committee and various crypto companies, in particular some exchanges. ?JUST IN: UK Treasury had nu...
Paraguay’s congress passes crypto bill, sends to president
Paraguay could soon have a new regulatory framework. On July 14, Paraguay’s Senate passed a bill setting up a new licensing for crypto exchanges and rules for miners, among other areas. The bil...
White House Reporter Says Inflation Has Become ‘Biden’s Political Nightmare’ as Critics Slam Government Spending – Economics Bitcoin News
While the latest Bureau of Labor Statistics Consumer Price Index (CPI) report indicates U.S. inflation has continued to print perpetual new highs, U.S. president Joe Biden is losing ground on his clim...
Blockchain Technology can Radically Revamp Government Structures, Cardano Founder Says
Blockchain technology has the capability of revolutionizing government structures from the whelms of archaic processes to modern ones, according to Cardano founder Charles Hoskinson. Speaking on Yaho...
Spain: Can the Spanish government help Decentraland from sinking sales?
The Metaverse is a rapidly growing space with many important industry players supporting its growth. Huge organizations, including Grayscale Investments have even claimed it has the potential of bein...
Tencent Shuts Down NFT Platform, Blames Unfavourable Government Policies
Despite that NFTs are not banned in China, stringent government policies have made it practically impossible, even for NFT businesses to thrive there. China’s news giant Tencent has reportedly closed ...
Italian Prime Minister Mario Draghi Moves To Resign, Leaving Government In Turmoil
Topline Italian Prime Minister Mario Draghi said Thursday he would resign following a fracture in his unity coalition, throwing the country into political chaos. FRANKFURT AM MAIN, GERMANY – NOV...
Italian Markets Pummeled After Draghi’s Government Rocked
(Bloomberg) — Italian bond and stock futures plunged to fresh lows for the day and the euro dipped back below parity with the US dollar after Italy’s Prime Minister Mario Draghi said he would of...
Tencent closes NFT platform because of government policy –
– Advertisement – As a result of government regulation, Tencent has decided to shut down its NFT platform According to Blue Whale Finance, Tencent News disbanded its NFT trading function n...
Colombian Government Issues Guidelines for Blockchain Projects
The ministry of Information Technologies and Communication (MINTC) of South American country Colombia has issued an official advice on blockchain integration into projects directed at the state level....
government blocks NFT sale of Uffizi masterpieces
In Italy, it appears that the government has decided to block the sales of NFT masterpieces from its major museums. The controversy erupted after the Non-Fungible Token of Michelangelo’s work Doni Ton...
BABA shares fall over 9% as Chinese government fines the company
Alibaba (NYSE: BABA) has had a tough start to the week losing over 9% during the trading session on July 11. The drop seems to be related to the fine the company received from the Chinese regulatory b...
Discussions Involving Business-Owning Cryptocurrencies Will Be Obtained By The U.S Office Of Government Ethics
The U.S. Office of Government Ethics (OGE) advised government workers of the executive branch to abstain from any discussions involving the business if they own cryptocurrencies or invest in the space...
Government Employees with Cryptocurrencies Forbidden from working on Crypto Legislation in US – crypto.news
U.S. Government personnel who actively invest in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to...
US Government Officials Holding Crypto Prohibited From Working on Industry Policies
The United States Office of Government Ethics (OGE) outlined that cryptocurrencies and stablecoins do not qualify as “publicly traded securities” according to the agency’s regulations. As such, it ban...
UK government explores DeFi with a focus on staking and lending
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the De...
Russia Could Build a Crypto Platform Similar to the Moscow Exchange: Government Official
Anatoly Aksakov – Chairman of the Committee on Financial Markets of the State Duma – said the government is not against the creation of a cryptocurrency trading venue in Russia. However, the entity sh...
Policy think tank asks Philippine government to ban Binance over promotions
Local think tank Infrawatch PH has sent a letter to the Philippines’ Department of Trade and Industry (DTI), urging the government agency to launch an investigation against crypto exchange Binan...
Framing An “Abuse-Of-Crisis Prevention Act” To Confine The Federal Government
I’ve been through a few of these. I was here at 9/11, I was here during the financial crisis in ‘08, I was here during the fiscal cliff. We occasionally have these great crises and when they occur we ...