The financial sector has endured a few chaotic days. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender swung from being presumed robust and profitable t...
Tag: Govt
Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens – Taxes Bitcoin News
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticip...
‘Bitcoin Willy Wonka’ Max Keiser now works for El Salvador govt
The President of El Salvador has appointed pro-Tether Bitfinex investor, ICO promoter, and self-described Bitcoin Maximalist Max Keiser to a senior government position. According to an op-ed from loca...
China Parliament Member to Ask Govt to Illegalize NFT Speculation
Feng Qiya plans to propose NFT regulatory system at the annual Beijing meeting. It includes clamping down on NFT speculation to avoid financialization. Previously, China NFT exchange Huanhe shut down ...
Huge Move Incoming For Bitcoin? 10K BTC Seized by the US Govt Sent to Coinbase
Glassnode has detected the movement of approximately 40,000 Bitcoins tied from wallets tied to seizures conducted by US law enforcement. The transfers have sparked concerns about a sell-off primarily ...
Wallets Associated with US Govt. Transfer 40,000 BTC: Glassnode
The US government moved almost 40,000 Bitcoins to wallets including the Coinbase cluster. A majority of the transfer were internal transfers while some Bitcoins were transferred to Coinbase. The reaso...
US Govt Moves 9,861 Bitcoin Seized from Silk Road to Coinbase
Over the last week, the world’s largest cryptocurrency Bitcoin (BTC) has been under selling pressure. As of press time, Bitcoin is trading 1.59% down at a price of $22,118 and a market cap of $23 bill...
Hong Kong Govt to Allocate $50M to To Expedite Web3 Development
The Hong Kong government captured Web3 in its 2023/2024 budget. The government plans to allocate $50 million to expedite Web3 development. Hong Kong regulator initiated a consultation process for VASP...
Warren Buffett’s Right-Hand Man Pushes U.S. Govt To Ban Crypto Altogether ⋆ ZyCrypto
Advertisement     Berkshire Hathaway’s bitcoin bashing barrage doesn’t show any signs of letting up. Charlie Munger, a 99-year-old billionaire investor and Warren Buff...
US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
Commentators believe that Bitcoin (BTC) bulls do not need to wait long for the United States to start printing money again. The latest analysis of U.S. macroeconomic data has led one market strategist...
UK gov’t is hiring a central bank digital currency lead for Treasury team
HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U....
FTX Founder SBF Could Forfeit Around $700M to U.S. Govt.
FTX’s disgraced founder Sam Bankman-Fried (SBF) could forfeit as much as $700 million worth of assets to the United States government, according to new court documents filed on January 20. The Jan. 20...
Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions – Taxes Bitcoin News
A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report ha...
Real Estate Rebounds On Gov’t Backing As COVID Cases Increase
China Last Night KraneShares Key News Asian equity markets were mixed overnight with Taiwan and South Korea outperforming. Hong Kong and China were off with October’s PPI reported to be -1.3% and risi...
Climate change threatens ‘things Americans value most’: gov’t report
The Jade Isle Mobile Home Park is flooded in this aerial view from a drone in St. Cloud. Residents of the community were issued a voluntary evacuation order due to rising water levels in the aftermath...
Govt Officer Found With Crypto Worth 1.75 Crore Rupees
Govt Officer Found With Crypto Worth 1.75 Crore RupeesOdisha Govt Officer Found With Crypto Worth 1.75 Crore RupeesOctober 29, 2022Odisha Government officer has invested Rs 1.75 crore in cryptoc...
77.1% of Salvadorans surveyed think the gov’t should ‘stop spending public money’ on Bitcoin
In a recent study published by José Simeón Cañas Central American University in El Salvador, 77.1% of respondents say that they want the Salvadoran government to stop “spending public money on Bitcoin...
Scam Alert: Australian Govt. Warns Crypto Investors
Scam Alert: Australian Govt. Warns Crypto InvestorsASIC Warned Investors About This Dubious WebsiteOctober 18, 2022Australian Securities and Investments Commission (ASIC) has warned investors about a ...
UK Govt Enacted Bill to Introduce Blockchain- Digital Trade Docs
4 hours ago | 2 mins read Blockchain News This legislation makes it simpler to trace data in electronic trade, and it enhances security and compliance. Businesses would be allowed to provide electroni...
Tron Partners With Dominica Govt. to Issue Fan Token, Made National Blockchain
The government may accept Tron governance tokens such as TRX, BTT and JST, as well as stablecoins pegged to the U.S. dollar on Tron’s TRC20 protocol such as USDT and USDD, as payment for public ...
Binance Signs MoU With Kazakhstan Govt.
Binance is looking to promote the cryptocurrency scene in Kazakhstan in tandem with the country’s authorities, as it signs a Memorandum of Understanding with the Kazakh Financial Monitoring Agency (FM...
Bond Market Turmoil Could Last a While. How to Ride It Out.
It is an exciting time for fixed income—and a terrifying one, too. Central banks are in the midst of the most dramatic tightening of monetary policy in a generation, which has helped push yields on so...
JPMorgan Puts Bitcoin Projected Excess Return at 38.1%, More Than Equities, Govt Bonds, and Real Estate
– Advertisement – Investment banking giant J.P. Morgan believes Bitcoin’s projected excess return sits at a massive 38.1%. Bitcoin has grown massively to secure its position as one of th...
British Pound Plummets To Record Low Against U.S. Dollar After U.K. Gov’t Signals More Tax Cuts
Topline The British pound slumped to an all-time low against the U.S. dollar early Monday morning as markets reacted negatively to the new government’s signals that it will pursue more aggressive tax ...
Indonesia to Update Govt Rules for Crypto, Implement More local Control
Indonesia could see new rules for crypto asset exchanges. The South Asian country’s trade ministry is planning to issue new rules to govern crypto exchanges that will require two-thirds of the b...
Florida govt warns against auto warranty scammers asking crypto payments
The Florida Department of Agriculture and Consumer Services (FDACS) issued a warning sharing insights into identifying robocall scam marketing auto warranties, which includes being asked to pay for th...