Russia’s Finance Ministry has reportedly begun working with the governments of “friendly” nations to establish a cross-border stablecoin-based payments platform. According to a Tuesday report f...
Tag: Govt
Exiled Myanmar gov’t asks US for $1B in frozen funds to issue crypto
Myanmar’s ousted government has asked the US Federal Reserve to release $1 billion of its frozen funds in a bid to create a new central bank and issue its own crypto, Bloomberg reports. Since February...
Japan Govt Mulls Tax Relaxation For Cryptos, Investors To Boost Economy
Japan’s Prime Minister Fumio Kishida has come up with a new initiative to boost the country’s economy amidst the global economic slowdown. In the latest development, Japan’s financial watchdog propose...
Ripple’s Colombia Real Estate Tokenization Project Halts as New Govt Takesover
An upcoming plan by the Colombian government to record land ownership on blockchain ledgers appears running into trouble and may never materialize. The new government’s administration seems to be suff...
Govt Must Lay Down A Framework so Crypto Can be Adopted
Australia: Opportunities for growth and innovation are currently restricted by the lack of clarity in regulation, says the CEO of Binance Australia, Leigh Travers. The delay in formalizing regulation ...
Australian Govt Steps up Crypto Regulation With ‘Token Mapping’ Exercise
The Australian government has begun its efforts to regulate the crypto space with the announcement of the launch of a token mapping exercise to better regulate the market. Treasurer Jim Chalmers said ...
Tornado Cash DAO Decides to Freeze Operations After US Govt Crackdown –
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Country-specific crypto markets a bad idea, CZ says after gov’t talks
Binance CEO Changpeng “CZ” Zhao has highlighted the shortcomings of segregated cryptocurrency markets after recent talks with governments from different countries. The global cryptocurrency exchange’s...
US gov’t suspects Kraken of violating sanctions
Kraken has become the biggest cryptocurrency exchange in the United States to face enforcement action from the Treasury Department’s Office of Foreign Assets Control (OFAC). Kraken allegedly served us...
Retirees Should Gird for a Long Run of High Inflation. Here’s How.
Retirees and seniors who are feeling the pinch of higher prices could be in for a long struggle as inflation shows few signs of peaking. But financial experts say there are some smart strategies that ...
Lithuania To Ban Anonymous Accounts As Gov’t Eyes Stricter Crypto Regulation
Lithuania is taking cryptocurrency regulation seriously. The institutions of the European Union are urged to expedite the process of regulating cryptocurrencies in consideration of the growing number ...
Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse
Local reports have confirmed that the South Korean government will launch a Digital Asset Committee this month in the wake of the Terra collapse. With the aim of better investor protection and more st...
Indian Govt is Ready With its Consultation Paper on Cryptocurrencies
After months of consultation with domestic as well as foreign stakeholders and organizations such as the IMF and World Bank, India is in the last stages of finalizing a consultation paper on cryptocur...
Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
The government of Kazakhstan, one of the world’s largest countries by Bitcoin (BTC) mining hash rate distribution, has reported budget earnings derived from cryptocurrency mining. On Monday, Kazakhsta...
Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate. The energy consumption share of the crypto mining industry has exceed...
Indian govt official reveals a crypto consultation paper is ‘ready’
During the course of the last year, the process of regulating the use of cryptocurrencies in India has been a continuous affair; nevertheless, recent news emanating from an official source has suggest...
Binance Italy Gets Govt Nod, Global Expansion Goes On
Top cryptocurrency exchange Binance on Friday announced that its Italy division received regulatory approval in the European country. Earlier this month, Binance received regulatory nod to function as...
S.Korea Govt Plans To Summon Do Kwon Over Terra Crash
The South Korean Government is reportedly planning to summon Terra founder Do Kwon for a parliamentary hearing over the Terra crash. The move comes after Terra’s value imploded from over $40 billion t...
South Korea set to remove ban on ICO, new govt to improve crypto regulation
South Korea has become the latest country to unveil plans to improve cryptocurrency regulation and remove the ban on Initial Coin Offerings (ICOs). Yoon Suk-yeol, South Korean President-elect, is behi...
Regulations enter critical stage as gov’t shows interest
The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (S...
Binance Bans Accounts Tied To Russian Gov’t Officials’ Relatives – Will It Hurt Them?
Crypto asset exchange of digital assets Binance has suspended accounts with ties to Russian government officials’ relatives. Faced with escalating international sanctions in response to Russia’s invas...
China Gov’t Goes “All-Out” While Q1 Earnings Power Rebound
China Last Night KraneShares Key News Asian equities were off following the US equity market’s downdraft as China, and Hong Kong were the only markets up. The Shanghai Composite gained +2.49%, Shenzhe...
Quits? Ross Ulbricht Agrees To Pay U.S. Gov’t Using $3 Billion In Stolen Bitcoins
If Silk Road (Ross Ulbricht?) rings a bell then you might have heard about the dark web marketplace where you can buy the craziest stuff that you won’t find in “normal” stores or elsewhere because it’...
Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill
The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. The draft of the federal law c...
Oz Finance invites Ukrainian companies to the Philippines through govt partnership, token staking –
Manila, April 2022 – Oz Finance (Oz), an open-zone, digital-assets project with the aim of connecting a network of special economic zones (ecozones) around the world, helping them to connect to the di...
Indian Lawmaker Calls Out Indian Govt. Over Unfair Crypto Taxation
Cryptocurrency has become a burning topic all around the globe. Nations are either creating regulations around it or banning it. In the same perusal, Member of parliament, Priyanka Chaturvedi question...
Indian state gov’t uses Polygon to issue verifiable caste certificates
The Government of Maharashtra, one of India’s state governments, has started issuing caste certificates over the Polygon blockchain to citizens residing in Etapalli village, Gadchiroli district,...
Indian Govt. Charges 11 Crypto Exchanges For Tax Evasion
The Indian government had accused 11 crypto exchanges, including WazirX, CoinDCX, CoinSwitch Kuber, of tax evasion, said Minister of State for Finance Pankaj Chaudhary in a written response to the Par...
Crypto Miners To Pay Flat 30% Tax: Indian Govt
After imposing a 30% tax on Cryptocurrency earnings, the Indian government dropped another shocker for the investors. Answering the queries, the Ministry of Finance clarified that loss incurred from t...
Chinese internet giants remove NFT platforms fearing gov’t crackdown
China’s leading social media platforms and internet giants have updated their policy to restrict or remove nonfungible token (NFT) platforms, citing a lack of regulatory clarity and fearing gove...
SBF opens Aussie Blockchain Week as govt says we’re “open for business”
FTX CEO Sam Bankman-Fried gave the opening keynote at this year’s Blockchain Week, with the events of day one held at the headquarters of the Australian Securities Exchange (ASX). Addressing th...
Canadian Govt employee accused of crypto-ransomware scheme to face trial in US court
Vachon Desjardins accused of being involved in a number of ransomware attacks related to crypto; extradited to the US for judgment Finally, the person allegedly involved in a series of crypto-related ...