How is the Government Responding to Cryptocurrencies

Ukraine has taken an important step towards the development of the Cryptocurrencies Market, by legalizing the Crypto sector in the country. President Volodymyr Zelensky signed the law on March 16, 202...

Binance closes accounts of individuals with links to Russian government

Binance announced on Thursday that it has closed several accounts associated with relatives of Russian officials since the beginning of the war with Ukraine, following last week’s announcement t...

Binance blocks crypto accounts of relatives tied to the Russian government

The Binance cryptocurrency exchange is adopting more measures to prevent the Russian government from mitigating the impact of sanctions through the use of crypto. Binance has shut down several account...

Indian Government To Clarify the 1% TDS on Crypto Transactions Law – crypto.news

According to a recent report, the Indian government plans to provide procedural clarities on the tax rules they released just a few weeks ago. After one of the tax provisions, the tax-deductible at th...

Argentinian Government Advances the Creation of a National CBDC – News Bitcoin News

The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian m...

How The Swiss Government Is Helping Bitcoin & Blockchain Technology Grow Up

Switzerland’s tech-neutral approach to regulation has created a fertile ground for bitcoin adoption GETTY Ask the average person in the street what they think about bitcoin, and you’re likely to...

Iran’s Government Tries Once Again To Offload Shares In Local Automakers

A production line for the Samand model at the Iran Khodro auto plant, west of Tehran, on September … [+] 30, 2008 (Photo: BEHROUZ MEHRI/AFP via Getty Images) AFP via Getty Images The Iranian gov...

Ukrainian Government Now NFTs Ready, Starts Accepting Donations

Ukraine goes on with crypto utilization for help with its military supplies in the ongoing war with Russia.  The invaded country will now accept war effort contributions in Non-Fungible Tokens (N...

Government Officials Should Not Shut Down Public Debate With Bogus Lawsuits

Kelly Gallaher holding the lawsuit a Mount Pleasant village attorney filed against her for criticism … [+] that cause him “emotional distress.” Institute for Justice There’s an old s...

Fort Worth Passes Vote for City Government to Mine Bitcoin

The city council of Fort Worth, Texas, has approved mining Bitcoin, and will use three ASIC Bitmain AntMiner S9 rigs donated by the Texas Blockchain Council. The rigs, which each have a maximum hashra...

Fort Worth becomes first U.S city government to launch Bitcoin mining project

TL;DR Breakdown Fort Worth is the first city government in the United State to mine Bitcoin. The City’s Mayor expects the project to put the suburban town on the global map. The mining site is located...

Finnish Government Considers $77M Bitcoin Donation to Help Ukraine

The Finnish government has revealed plans to donate proceeds from seized bitcoins to assist Ukraine in its ongoing conflict with Russia, according to a recent report by a local media outlet. The repor...

OCC Chief Says Government and Academics Need To Help Set Standards for Stablecoin Regulation

The head of the Office of the Comptroller of the Currency (OCC) says that crypto firms, governments, and academics should all work together to set new standards for stablecoins. Speaking at the Artifi...

Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US

The adoption of Bitcoin has become more significant at the city level in the United States. Fort Worth, a city in Texas State, announced Tuesday that it has become the first city to mine Bitcoin in th...

Lucid to deliver up to 100,000 EVs to Saudi Arabia’s government

With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Lucid Group said that the government of Saudi Arabi...

Saudi Arabia can adopt  blockchain technology in the Government

The Kingdom of Saudi Arabia is considering adopting blockchain technology throughout its administration as well as legalizing the use of cryptocurrencies.  However, an official stated that the ki...

Government Business Expansion Bodes Well for the Stock, Says Top Analyst

For a stock down by around 50% over the past six months, investors would no doubt like to hear that from its current standing, the upside is “compelling.” Fortunately for those backing Palantir (PLTR)...

African Crypto Adoption At Record Heights Despite Lacking Regulation And Government Support

Africa, the second-largest continent globally, with more than 1.5 billion people, is gradually reinventing itself. Following decades of neglect, socioeconomic problems, civil wars, and poor governance...

Young Americans Overwhelmingly Want Government To Help Student Debt—But They’re Split On Canceling It, Poll Finds

Topline More than 80% of Americans ages 18 to 29 want the government to take action when it comes to student debt relief, a new Harvard Youth Poll finds, but as the Biden Administration mulls whether ...

Even More Defense Spending To Come After The Mid-Term Vote, Report

TURIN, ITALY – 2019/09/04: Two Lockheed Martin F-35 Lightning II fly during a military aeronautical … [+] training exercise. The Lockheed Martin F-35 Lightning II is a stealth multirole fi...

$3,000,000,000 Worth of Bitcoin (BTC) Forfeited to US Government By Former Silk Road Founder

Silk Road founder Ross Ulbricht is forfeiting billions of dollars worth of Bitcoin (BTC) and other crypto assets to the US government. According to a new court filing, Ulbricht will relinquish any cla...

Silk Road Founder Agrees to Use Seized Bitcoin Worth $3Bn to Clear off $183m debt to US government

According to a court filing first reported by Wired media outlets, about $3 billion worth of seized Bitcoin in connection to an unnamed Silk Road hacker will be used to absolve Ross Ulbricht of his $1...

Ukraine Government Restricts Crypto Purchases Using Local Currency

Ukraine’s Central Bank, the National Bank of Ukraine (NBU), announced last Friday that it has restricted crypto purchases using the country’s local currency as part of efforts to prevent c...

Silk Road Founder Ross Ulbricht To Forfeit $3 billion worth of BTC To The US Government

Ross Ulbricht, the founder of the dark web marketplace Silk Road, will forfeit his claim to Bitcoin worth approx. $3 billion in fulfillment of the $183 million debt that he owns to the US government. ...

Binance agreed to share data with Russian government agency: report

Binance reportedly agreed to share user information with a Russian agency that collects and analyzes information about financial transactions as the crypto exchange seeks to enjoy better relations wit...

Silk Road Founder Ross Ulbricht to Forfeit $3 Billion in BTC; Extinguishes Debt to Government

The incarcerated founder of the now-defunct dark web marketplace, Silk Road, Ross Ulbricht, is going to forfeit his claim to Bitcoin worth about $3 billion in fulfillment of the $183 million debt owed...

Ross Ulbricht To Pay Off Government Debt With $3 Billion In BTC

Ross Ulbricht, the incarcerated founder of the now busted Silk Road dark web marketplace, has fulfilled a major part of his sentence. A newly discovered court filing shows that last year, prosecutors ...

Binance pushes back against report exchange supplied customer data to Russian government

Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia’s financial intelligence unit with customer data potentially rel...

Saudi Arabia Exploring Possibility of Implementing Blockchain in Government – Featured Bitcoin News

The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the k...

US Government Sanctions Major Crypto Miner BitRiver

The US Treasury Department announced that it imposed sanctions on BitRiver, a cryptocurrency mining company, which is one of the largest data center service providers in the sphere, over its operation...

The US Government Ranks Third, Holds $4.08 Billion Worth Bitcoin (BTC)

14 mins ago | 2 mins read Editors News Auto manufacturer Tesla bought Bitcoin last year. The US authorities confiscated more than $1 billion worth of crypto in 2021. The US government has been auction...

North Korea’s Lazarus Group Attacking Crypto Firms, Warns US Government

The US government warns all crypto companies to beware of North Korean hackers i.e., the Lazarus group, and its plans of launching exploits through trojanized applications.  Govt. Agencies Issue Warni...