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War For Control Over Money: How Can Governments Respond to Crypto?


Governments have never really been big fans of crypto. Sure, the odd finance minister and president has praised blockchain technology or even cryptocurrencies themselves on the rare occasion, but generally the overall mood has been one of suspicion and even outright hostility. And now, with...

Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money


Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...

Crypto Regulations Are Changing Worldwide to Comply With FATF Standards


Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...

FATF & 15 Governments Target Personal Data of Crypto Users - Report


In the continual fight against money laundering, governments reportedly want to put a global cryptocurrency system in place by collecting personal data of crypto users. Governments of about 15 countries seek to establish a new system of cooperation that would enable them to collect and share with...

More Cities and Regions Accepting Coins for Taxes, Services


Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and...

How Governments Steal Your Money and Conceal It Through Inflation


Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read:...

Exploring the SLP Token Universe Built on the Bitcoin Cash Chain


Since last August, the Simple Ledger Protocol (SLP) has become a prevalent application within the Bitcoin Cash ecosystem. So far there’s been thousands of SLP tokens created, a number of which have been very popular and used regularly. Tokens have been issued by governments like Liberland...

Why You Can’t Bet With Bitcoin at Online Casinos in the US


Since the dawn of Bitcoin, the cryptocurrency landscape has seen a lot of digital currency gaming websites where users can wager their coins in games like poker, dice, blackjack and slots. Because public blockchains are transparent, the protocols have made online gaming provably fair. However...

How 10 Countries Respond to Facebook’s Libra Cryptocurrency


A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...

Argentinian, S Korean Local Governments Set New Blockchain Goals


Local governments around the world are looking to revitalize their economies using blockchain technology. Officials in the Argentinean province of Río Negro, on the northern edge of Patagonia, have been briefed on the technology underpinning cryptocurrencies. Senior officials were given...

Governments Often Ask to Remove ‘Unlawful’ Apps, Reveals Apple


The explosion of technology and mobile phones has created an incredible ecosystem in which people can use a range of services through hundreds of thousands of apps. These apps are reviewed by the companies who own the application stores and then released to the public. One of the most popular...

Facebook Is a Threat to Governments Not Crypto


The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to...

Governments Keep Unintentionally Pushing People into Crypto


Source: A video screenshot, Youtube/CBS News As people’s locked-away savings come under threat in Italy and citizens are increasingly worried about spying on them in China, the countries around the world are once again unintentionally pushing people into the arms of crypto. One would think that...

Are Privacy Coins Being Driven to Extinction? Good Luck, Governments!


Of all the different cryptocurrency sub-categories now in existence, privacy coins are among the biggest. E.g., the top five privacy coins – Monero, Dash, Zcash, Verge, and Komodo – are currently worth USD 3.76 billion according to CoinMarketCap, while the top five stablecoins – Tether, TrueUSD...

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