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El Salvador reportedly weighing paying employees in Bitcoin

15.6.2021
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars

Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan

14.6.2021
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank...

‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long

14.6.2021
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway

Ridiculed no longer? US Space Force will launch NFT line

14.6.2021
“We can now put this launch and Neil Armstrong’s historic achievements on the immutable ledger and memorialize and tokenize it on an NFT that the public can participate in,” said Ethernity Chain CEO Nick Rose

Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

14.6.2021
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining...

Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban Bitcoin Now’

14.6.2021
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies...

UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies

13.6.2021
UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. UK Police Want...

Indian Government May Regulate Crypto as Asset Class: Report

13.6.2021
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. Indian Government Reportedly Considers Regulating Crypto...

Is there a right way to regulate crypto? Yes, and this is how

12.6.2021
Cryptocurrency is a promising asset class for people and investors, but the lack of proper regulation slows down its innovation

More IRS crypto reporting, more danger

11.6.2021
The U.S. authorities are becoming seriously interested in crypto, making unreported crypto more dangerous

Dutch official calls for complete ban on Bitcoin

11.6.2021
The Netherlands must ban the mining, trading and holding of Bitcoin because it doesn't meet any of the three functions of money and is handy for criminals, one Dutch official argued

China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down

10.6.2021
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. Similarly, the Qinghai Industry and Information Technology...

Elizabeth Warren compares 'bogus' crypto to 'legitimate' CBDCs in senate hearing

10.6.2021
"The threats posed by crypto show that congress and federal regulators can't continue to hide out, hoping crypto will go away," said the Massachusetts senator

Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible

9.6.2021
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary...

Here’s what would happen to Bitcoin if the government tried to take it over

9.6.2021
Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network?

Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down

9.6.2021
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin...