The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government is ready to “respond with whatever it takes.” Furthermore, an O...
Tag: government
Canadian Lawmaker Urges the Government to Dive Deeper in Crypto (Report)
Michelle Rempel Garner – a member of the Canadian Conservative party – has reportedly pushed Justin Trudeau’s administration to open its arms to the cryptocurrency sector. Similar to Michael Katchen, ...
Ontario government freezes millions more in donations to Freedom Convoy
The Ontario Provincial government in Canada has been granted an order from the Superior Court of Justice to freeze millions of dollars in donations on the GiveSendGo platform from reaching the Freedom...
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April – Mining Bitcoin News
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not aga...
Federal Government Runs Its First Monthly Budget Surplus Since 2019
Topline The federal government’s revenue surpassed expenses by $119 billion last month, marking its first monthly surplus since before the Covid-19 pandemic began, the Treasury said Thursday—amid an i...
Russian Government Eyes $13 Billion in Taxes From Crypto Economy – Taxes Bitcoin News
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institut...
Russian government and central bank agree to treat Bitcoin as currency
The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement. Russia’s government and central bank are now working on a ...
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that cr...
Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report – Coinotizia
The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules ...
House Passes Short-Term Funding Bill To Prevent Government Shutdown Next Week
Topline With about a week until a federal government shutdown is set to begin, the House of Representatives on Tuesday passed a measure that—if approved by the Senate—will keep the government funded t...
U.S. Government Seized 119,000 Bitcoin (BTC)
Per a report from the United States Department of Justice, authorities stopped two individuals that allegedly conspired to launder 119,754 Bitcoin (BTC). The funds have been traced back to the 2016 ha...
US Government Seizes $3.6 Billion Worth of Crypto Linked to Bitfinex Hack
Alex Dovbnya The U.S. Department of Justice has confiscated worth of crypto linked to the infamous Bitfinex hack The United States Department of Justice (DOJ) has seized $3.6 billion worth of cryptocu...
US government seizes $3.6 billion in bitcoin tied to 2016 hack of crypto exchange Bitfinex
advertisement The US Department of Justice said Tuesday that it has seized $3.6 billion worth of bitcoin tied to the 2016 hack of crypto exchange Bitfinex. Two individuals, Ilya Lichtenstein and Heat...
Jump Trade Joins Tradeweb’s European Government Bond Market
Tradeweb Markets (Nasdaq: TW), an electronic marketplace for financial instruments, announced on Monday that Jump Trading has joined its European Government Bond marketplace. With this, Jump Trading c...
Hedge Fund Giant Ray Dalio Says Financial Markets Shifting, Crypto ‘Vulnerable’ to Government Crackdown
Veteran hedge fund manager Ray Dalio says that financial markets are shifting into a new era as crypto assets may become more vulnerable to government regulations. In a new interview on The David Rube...
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report – Regulation Bitcoin News
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. Th...
Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions – Bitcoin News
The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, cal...
Russians Hold Over $200 Billion in Crypto Assets, Local Government Estimates
Russians hold cryptocurrency worth 16.5 trillion rubles They hold around 12% of global cryptocurrency holdings Bank of Russia, government at odds on how to regulate market Russians are accepted to all...
Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting – Regulation Bitcoin News
India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discu...
Myanmar’s military government plans CBDC launch
TL; DR Breakdown Myanmar set to develop its CBDC The CBDC will alleviate poverty in the country Shadow government announces Tether as official legal tender The idea of creating and developing a Centra...
Myanmar’s military government considers launching digital currency: Report
The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help the local ...
Myanmar Junta Wants Own Digital Currency After Government in Exile Pushes Tether
A military government is proposing creating its own digital currency a year after overthrowing the democratically elected leader. What could go wrong? Major General Zaw Min Tun, deputy information mi...
Myanmar government plans to introduce digital currency to boost its economy
According to Bloomberg, Myanmar’s military government is planning to introduce its own digital currency in the region to bolster its economic prosperity. As sources report, a top spokesperson at the S...
60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’ – Taxes Bitcoin News
Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. India...
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners – Mining Bitcoin News
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the...
MLB Reportedly Seeks Government Help To Resolve Lockout As Opening Day Looms
Topline The MLB on Thursday asked a federal mediation service to help resolve its two-month-long lockout with the MLB Players Association, ESPN reported, as the dispute threatens to halt the the start...
Blockchain-Based Firm Millicent Received UK Government Funding
UK-based blockchain company Millicent has received government funding in the form of a UK Research, and Innovation (UKRI) Innovate UK Smart Award. The project aims to assist in the nation’s strives to...
Millicent Stablecoin Platform Receives UK Government Funding: Details
Vladislav Sopov British DLT pioneer Millicent has been awarded R&D grant to advance the development of its digital finance network Contents Prestigious award for new-gen CBDC and stablecoin vision...
Indian Government levies 30% tax on Crypto – Impact and What to Expect
Cryptocurrency has just become a popular notion in India. Since the Covid-19 outbreak hit the country, sending the economy into a downward spin, Indians have begun to rely on cryptocurrency investment...
The British Government is Funding Stablecoin and CBDC Research
Key Takeaways The U.K. has awarded one of its most prestigious R&D grants to distributed ledger technology company Millicent. Millicent is working on a project centered around stablecoins and CBDC...
UK Government Updates Crypto Tax Rules on DeFi, Staking
Her Majesty’s Revenue and Customs (HMRC)—the UK’s tax, payments, and customs authority—has updated the rules that govern decentralized finance (DeFi) and crypto staking. “The lendin...