It has been obvious for so long that the Indian Government viewed the advent of cryptocurrencies to be a danger to the economy. So, finance minister Nirmala Sitaraman announced various policies relate...
Tag: government
Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions – Taxes Bitcoin News
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transact...
Ron Paul alerted investors: Government can still ban Bitcoin
Former US Congressman Ron Paul says he still expects the government will criminalize bitcoin because he is “inspired a great deal by history and the gold past.” Despite his caution, Paul stated that c...
Malaysian Multimedia Ministry calls on government to formalize crypto’s legal status
advertisement The Malaysian Communications and Multimedia Ministry said it hopes the government will bring cryptocurrencies into a more formal legal framework, in order to encourage their use. “We hop...
Malaysian Ministry to Petition Government to Regulate Cryptos
Deputy minister of Communications and Multimedia disclosed that the ministry is exploring possibilities and measures to safely improve the participation of young people in the industry. The popularit...
FTX announces Australian expansion as government sets out its crypto stall
advertisement FTX announced on Monday that it has established a local presence in Australia, marking the latest stage of the crypto exchange’s global expansion push. The announcement coincided ...
India Government Working On Classification of Cryptocurrency as Goods or Services Under the GST Law ⋆ ZyCrypto
Advertisement     The Indian government is working towards bringing more clarity on digital assets for the administration of goods and services (GST) tax. As per a new...
Former Congressman Ron Paul Says Crypto Should Be Permitted, but History Suggests Government Ban Possible
Former Texas congressman Ron Paul says that if history is any indication, the government could still clamp down hard on the crypto markets. In a new interview on Kitco News, Paul says that there could...
Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin (BTC) should be adopted as legal tender to help the younger generation who are active user...
Australia Government Defines Crypto Assets, Proposes Regulations
The treasury department of the Australian government has released a consultation paper on Monday, defining cryptocurrencies and outlining its plan to impose a regulatory framework on the growing secto...
Malaysia’s Comms Ministry wants government to adopt crypto as legal tender
TL;DR Breakdown: The deputy minister of Malaysia’s Comms Ministry wants crypto to be legalized in the nation. The minister acknowledged cryptocurrency as the “future of finance.” Deputy minister of fi...
Google’s Healthcare Data Platform, Care Studio, Is Partnering With One Of The Largest EHR Systems
Over the years, Google has proven to be a relentless force with regards to innovation. The company continues find new ways to provide value to billions of people worldwide. Its latest venture is lever...
Ron Paul Cautions Government Could Still Ban Bitcoin — Says He’s Influenced ‘a Whole Lot’ by History – Coinotizia
Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Pau...
Ron Paul Cautions Government Could Still Ban Bitcoin — Says He’s Influenced ‘a Whole Lot’ by History – Featured Bitcoin News
Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Pau...
Argentina`s government approves $45 billion IMF debt deal
TL;DR Breakdown Argentina approves a $45 billion debt deal with the IMF. The deal stands to discourage the use of cryptocurrencies in the country. IMF unwavering stand on the crypto sector. The IMF, o...
US Government Recovers and Returns More Than $500,000 in Bitcoin (BTC) Stolen From Coinbase User
The U.S. Attorney’s Office is successfully recovering more than $500,000 worth of Bitcoin (BTC) that fraudsters stole from an elderly resident of Asheville, North Carolina. According to the civil comp...
Cryptocurrency Will Not Save the Russian Economy, if the Government does not Change its Stance
Mar 18, 2022 at 11:11 // News Russia is facing tough restrictions that could push the country into complete economic isolation. In such a situation, it is only natural to look for alternatives that wi...
Argentina’s government would ‘discourage’ crypto usage under proposed IMF deal
Argentina’s government has signaled it will discourage the use of cryptocurrencies as part of a proposed, nearly $45 billion debt restructuring deal with the International Monetary Fund (IMF), leaving...
Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official – Coinotizia
Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, however, suggested the number of Kenyans ...
Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official – Emerging Markets Bitcoin News
Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, however, suggested the number of Kenyans ...
Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency – Regulation Bitcoin News
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that ...
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam – Regulation Bitcoin News
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believ...
Ukraine’s Government Launches Official Website for Cryptocurrency Donations – Featured Bitcoin News
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The...
Kazakh Government Cracking Down on Crypto Miners
Key Takeaways Dozens of crypto mining facilities in Kazakhstan have shut down, according to the country’s Financial Monitoring Agency. So far, 55 mining facilities have voluntarily ceased operat...
India Crypto Players Ask Government to Rethink 1% Tax
India’s cryptocurrency players have called on the government to rethink its planned 1% tax deducted at source (TDS) on all crypto transactions gains ahead of the passage of the Finance Bill by Parliam...
Ukraine government partners with FTX, Kuna and Everstake for crypto donations
The Ukrainian government has received millions of dollars worth of cryptocurrency donations over the past two weeks since Russia invaded the country. In a recent development, the Ukrainian government ...
Ukrainian government launches crypto donation website with FTX, Kuna and Everstake
Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and it...
US government agencies obliged to now really understand crypto following Biden executive order
Following president Biden’s signing of the recent crypto executive order, government agencies will finally be forced to get their heads around understanding exactly what cryptocurrencies are, and how ...
Ex-Canadian government employee extradited to the US in crypto ransomware case
Crypto ransomware case linked to NetWalker has led to the extradition of ex-Canadian government employee Sebastien Vachon-Desjardins worked for the Public Works and Government Services The attack wa...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case – Regulation Bitcoin News
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the...
Challenged By War, Ignored By Government
BERLIN, GERMANY – FEBRUARY 24: A woman wears make up in the colors of the Ukrainian flag protesting … [+] against Russian invasion of Ukraine in front of Brandenburg gate on February 24, 2...