Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may s...
Tag: government
India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation – Regulation Bitcoin News
India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to l...
Russians Are Estimated To Hold $200 Billion Worth Of Crypto ; Will This Stir Government Push Back?
Russians own over $200 billion worth of cryptocurrencies going by an estimate of the country’s government. The estimate could have influenced the recent pivot the government of Russia made from wantin...
Indian government to enforce tough crypto tax rules, is this a sign of things to come worldwide?
During the budget session, India’s Finance Minister Nirmala Sitharman announced crypto income will be taxed at 30%, along with a string of strict conditions. India has been back on forth regarding the...
82% of Indians Surveyed Plan to Invest in Crypto Once Government Provides Regulatory Clarity – Featured Bitcoin News
A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity surrounding the regulation of crypto assets. Moreover, 77.4% of respond...
‘America Competes Act’ Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers – Regulation Bitcoin News
U.S. Senator Cynthia Lummis says that the recently introduced “America Competes Act of 2022” is a direct attack on the crypto industry. “I will not stand by and let the heavy hand of the government pi...
U.K. Government Lockdown Parties ‘Difficult To Justify,’ Probe Finds—But Boris Johnson Not Implicated
Topline The behavior at Downing Street parties during strict Covid-19 lockdown is “difficult to justify,” according to a limited version of an anticipated probe into alleged rule breaking at Number 10...
M3F Music Festival In Phoenix Donates Profits To Charity Which Seems Like The Future
Silky Shots M3F Festival Phoenix, AZ The last two years have played havoc with people’s lives. Covid has been disruptive in a way few of us have ever seen: jobs lost, connections broken and the way in...
Russian Government Agrees on Road Map to Regulate Crypto: Report
The plan was drafted by a working group comprising several government agencies, including the Ministry of Finance, Ministry of Economic Development, General Prosecutor’s Office, Rosfinmonitoring...
Will Crypto Mining Survive Another Government Crackdown?…
Crypto mining has been an environmental issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto ...
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils – Regulation Bitcoin News
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto...
EU seeks to develop a government DNS resolver, block “illegal content”
In a document made public earlier this month the European Commission published a call-for-proposal for a European government controlled DNS resolver service. The reasoning behind the proposal is to pr...
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential – Regulation Bitcoin News
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian le...
Kazakh Government Blocks Crypto Mining Until February
Key Takeaways The government of Kazakhstan has halted cryptocurrency mining from Jan. 24 to Feb 1. The state-run power grid operator Kegoc will not supply power to miners until next month. Kazakhstan ...
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government – Regulation Bitcoin News
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as pr...
Indian Pre-Budget Survey: 79% of Indians Want Government to Regulate Crypto & NFTs
A Grant Thornton Bharat survey, which determines expectations before the country’s budget for the financial year 2023, shows that 79% of Indians want regulation for cryptocurrencies and NFTs. The asse...
Myanmar Military Government Proposes to Jail Digital Currency and VPN Users – Regulation Bitcoin News
Myanmar’s military-ruled government is proposing to enact laws that will see users of virtual private networks (VPN) and digital currencies being jailed for up to three years. In addition, offenders w...
China’s Vaping Queen Sees Fortune Plunge 65% After Chinese Government Probe
Chu Lam Yiu, co-chair of Huabao International. IMAGINECHINA Chinese e-cigarette billionaire Chu Lam Yiu is under investigation from Chinese authorities, causing shares of her company, Hong Kong-listed...
When We Were Young Festival’s Ticket Sale Teaches A Valuable Lesson. Random Information From The Internet Is Not Always Reliable
When We Were Young festival lineup . In this crazy world where epidemiologists compete with Tik Tok posts when trying to put out credible medical advice, it’s about time we look at a simple example of...
How The US Department Of Energy Is Transforming AI
The US Department of Energy (DOE) has long stood out as one of the most science, technology, and innovation-focused US federal agencies. It should come as little surprise then that the DOE continues t...
Government Set to Present Virtual Asset Bill to Parliament – Regulation Bitcoin News
The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws regulating cryptocurrenc...
Pakistan Government To Ban Cryptocurrency Trading
Pakistan’s FIA (Federal Investigation Agency) has announced that they plan on obtaining a court order from the PTA to block cryptocurrency trading websites. The government is stated to be doing so as ...
Kosovo Bitcoin Miners Selling Equipment After Government Ban
Excavators in northern Kosovo profited from modest power Crackdown follows power cuts influencing a large number of individuals A similar story has been playing out in Kazakhstan Taking off energy cos...
British Government Legislates to Protect Consumers from Misleading Crypto Ads
The British government is introducing new legislation to protect consumers from misleading cryptocurrency advertisements, according to a recent announcement on the government website. It’s thought th...
Reports Show Government Intends To Imply Stricter Regulations On Cryptocurrency ATMs
In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Offic...
U.K. Government to Crack Down on Crypto Advertising
Key Takeaways The U.K. Government published plans today detailing its plans to impose greater restrictions on cryptocurrency advertising. The proposed legislation would subject cryptocurrency promotio...
U.S government to hold a hearing on cryptocurrency consequences
The U.S has been organized to investigate the implications of cryptocurrency mining operations’ energy use. “Clearing Cryptocurrency: The Energy Implications of Blockchains,” with an objective to know...
UK Government Plans to Tighten Rules on Misleading Crypto Ads
Amid a surge in misleading crypto ads promising high returns, the government of the United Kingdom announced today that it is planning to strengthen rules on deceptive advertisements related to digita...
UK government latest to ramp up scrutiny of crypto ads
The UK government on Tuesday became the latest authority to tighten its rules around crypto advertising, in a move that will see the regulation of adverts brought into line with other financial promot...
Thailand Government Disperses Confusion Surrounding Cryptocurrency Taxation
Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As...