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War For Control Over Money: How Can Governments Respond to Crypto?
17.8.2019
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
15.8.2019
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
12.8.2019
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
9.8.2019
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
6.8.2019
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
5.8.2019
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
29.7.2019
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
20.7.2019
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
11.7.2019
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
8.7.2019
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
3.7.2019
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...
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...
Facebook Is a Threat to Governments Not Crypto
20.6.2019
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
13.6.2019
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...
Cardano Price Analysis: Partnering Actively with Governments and Organisations to Widen its Outreach
8.6.2019
Recently, The Cardano (ADA) Foundation is invited to Asia Blockchain Summit in Taipei in July. The foundation will discuss the real-world applications of blockchain technology. Again, it decided to celebrate this month as a month of “Pride to Belong”, where the foundation will express gratitude...
Are Privacy Coins Being Driven to Extinction? Good Luck, Governments!
1.6.2019
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...
Dithering U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes
28.5.2019
Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to update its archaic securities laws, they warn, there is a risk of top talent making an exodus...
Cryptocurrency Mixers and Why Governments May Want to Shut Them Down
28.5.2019
While law enforcement agencies go after cryptocurrency transactions anonymizers, some stakeholders are clamoring for more on-chain solutions
Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments
20.5.2019
A senior official in Russia's parliament has argued that cryptocurrencies have the potential to ruin governments