Bitcoin and Ethereum have increased in popularity and adoption in recent years. Yet, as digital currencies, they operate outside the control of traditional financial institutions and governments. This...
Tag: Governments
U.S. Government’s $1B Bitcoin Transfer Spooks Investors, Bitcoin Dips
PeckShield published its findings on Twitter early Wednesday morning, and investors were quick to notice. In the hours after the report’s release, investors expressed their fears that authoritie...
Senator Lummis questions government’s role in regulating energy use in crypto mining
Ad In a March 7 Senate hearing committee on cryptocurrency and the environment, Senator Cynthia Lummis (R – Wyoming) emphasized that energy efficiency standards must not be utilized to target particul...
US Government’s 40,000 Bitcoin Holdings on the Move – Cryptopolitan
The world of cryptocurrency has been abuzz with news that nearly 40,000 Bitcoins belonging to the US government are on the move. This is equivalent to approximately $1.8 billion in today’s market. The...
Gate.io to Launch Crypto Exchange in Hong Kong Following Government’s $6.4M Investment in Web3
Following the announcement that the Hong Kong government intends to infuse 50 million Hong Kong dollars ($6.4 million) into Web3 as part of the city’s budget for the 2023-24 fiscal year, cryptoc...
A recent study says 12 states allow local governments to seize far more than what’s owed from homeowners who are behind on taxes — 3 ways to protect yourself
‘Home equity theft’: A recent study says 12 states allow local governments to seize far more than what’s owed from homeowners who are behind on taxes — 3 ways to protect yourself The...
The U.S. government’s regulatory strategy towards crypto firms
According to Nic Carter, co-founder of venture firm Castle Island and crypto intelligence firm Coin Metrics, the alleged strategy involves isolating the traditional financial system from the cryptocur...
Japanese prime minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy
Fumio Kishida, the prime minister of Japan, has come out in support of blockchain as a potential solution for technological issues facing the country. In response to questions from Liberal Democratic ...
Crypto Investors In India Brace for Government’s 2023 Budget
After introducing a new taxation regime for virtual assets, India’s crypto industry braces for releasing the government’s 2023 budget. Some top industry players spoke with BeInCrypto to share their ex...
AWS Partners with Avalanche: To Bring Blockchain Technology to Enterprises, Governments Etc
Amazon Web Services to work with Ava Labs to bring wider adoption solutions of blockchain technology. Ava Labs would create a favorable environment for developers, while AWS is to support Avalanche’s...
Amazon And Avalanche To Bring Scalable Blockchain Solutions to Enterprises and Governments
– Advertisement – Amazon Web Services (AWS) now supports Avalanche’s infrastructure and dApp ecosystem. AWS and Ava Labs will work together to increase the enterprise, institutional, and g...
Andrew Tate says he’s ‘going full-crazy Mr. Blockchain now,’ cites lack of trust in governments
Internet personality and former kickboxer Andrew Tate has stated his lack of trust in traditional finance platforms and governments has pushed him to venture into the blockchain space. According to T...
Airlines Call On Governments To Release $6 Billion In Trapped Revenues
Trapped funds getty The world’s trade body for airlines, the International Air Transport Association (IATA), has said that close to $6 billion of its members’ assets are currently trapped in more than...
Governments Around The World Roll Up Sleeves On CBDCs
The concept of central bank digital currency (CBDC) has been increasingly engaged in recent discussions as worldwide governments speed up the analysis and development of the novel form of currency. Th...
Most Governments Understand Crypto Adoption Will Happen Regardless – Regulation Bitcoin News
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it...
Harvard Research Paper Tells Governments And Central Banks To Hold Bitcoin ⋆ ZyCrypto
Advertisement     A Harvard paper has urged central banks to hold Bitcoin as a way to circumnavigate sanctions. Only El Salvador has elevated Bitcoin to a national cur...
Governments should not over-regulate after FTX, lead MiCA negotiator says
The European Union should hold off on more crypto regulation following the collapse of exchange giant FTX, European Parliament member Stefan Berger said on Twitter. The lead negotiator on the Markets ...
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX – Featured Bitcoin News
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-F...
Case Study of How Private-Public Partnerships Can Assist Governments in Auditing Crypto Assets
Since 2015, Elliptic has collaborated with authorities, FIUs, and law enforcement organizations. Blockchain is an online database that streamlines the tracking of digital assets and the recording of t...
Biden Says The U.S. Should Review Elon Musk’s Relationships With Foreign Governments
President Joe Biden speaks to reporters on Wednesday, November 9. The White House via YouTube U.S. President Joe Biden suggested that his administration may look into Elon Musk’s business and technica...
NFTs Reappear on UK Government’s Radar
Alex Dovbnya UK government wants to understand risks and opportunities presented by non-fungible tokens The U.K.’s House of Commons Committee on Digital, Culture, Media and Sport has initiated a...
Are governments the biggest crypto whales? China holds more Bitcoin than Microstrategy
As of November 3rd, the circulating supply of Bitcoin – the largest cryptocurrency by market capitalization – stood at 19.1 million. Interestingly, a decent percentage of the supply is presently owned...
Why Governments Cannot Stop Bitcoin
Many governments are concerned about Bitcoin and have continuously made attempts to suppress its growth. Despite these attempts, it has been relatively impossible to suppress Bitcoin and prohibit the ...
Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’ – Bitcoin News
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Fo...
Ross Ulbricht’s Silk Road sentencing, which occurred a decade ago, illustrates the government’s fear of bitcoin
Join Our Telegram channel to stay up to date on breaking news coverage The owner and inventor of the Silk Road, one of the first online markets to use only bitcoin, Ross Ulbricht, was found guilty aft...
Ray Dalio says the U.K.’s policies ‘suggest incompetence’ and warns other governments not to make the same mistakes
Ray Dalio added his name to a growing list of critics of the U.K.’s new spending plan, unveiled last week by Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng. The billionaire in...
Are governments all for fluidity while regulating crypto?
The governor of California, Gavin Newsom has rejected a bill that looked to license and manages crypto. Assembly Bill 2269 was presented by Assemblyman Timothy Grayson. At the same time, the bill was...
Are governments all for flexibility when regulating crypto? The answer is…
California Governor Gavin Newsom has vetoed a bill that sought to license and regulate crypto. Assembly Bill 2269 was introduced by AssemblyMan Timothy Grayson. However, the bill was subjected to heav...
Opinion: Here are the chip companies that should benefit the most from the government’s massive incentives
The pandemic created enormous challenges for semiconductor companies. Unprecedented demand drove up prices and backlogs for chips and equipment as supply chains faltered. At the same time, concerns gr...