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Treasury backs down: Crypto monitoring rule will wait until new administration

14.1.2021
A big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian

South Korea’s tourist hotspot launches DLT-based app tracing COVID-19

14.1.2021
Jeju Island and blockchain company Iconloop are proceeding with a full rollout of their COVID-19 contact tracing app following successful pilots

Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy

14.1.2021
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said...

Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine

14.1.2021
Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal. According to the doctors, the unsanctioned marketing of the vaccine to the elite is prevalent in the state of Karnataka. Some doctors say the Indian...

An online future for finance is inevitable, says OCC's Brooks

13.1.2021
Brooks considers the migration of the financial system onto the internet "inevitable."

Digital ruble could be still vulnerable to fraud, Russian banks warn

13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble

US Navy awards $1.5M jet fighter contract to blockchain project

13.1.2021
SIMBA Chain has been tapped to beef up the supply chain of the United States Navy after receiving a $1.5 million research grant

Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit

12.1.2021
The Justice Department's November suit has reversed the planned merger

OCC's Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking

12.1.2021
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers

Seven times that US regulators stepped into crypto in 2020

12.1.2021
From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020

UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach

12.1.2021
Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus...

Shanghai Government Invests $5M in Blockchain Startup Conflux

12.1.2021
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace

Hedera Hashgraph presents e-Apostille PoC to Texas Secretary of State

11.1.2021
There is no indication that anyone requested such a proof-of-concept, however

Economist Discusses What Would Happen if the Masses Ditch Fiat Currencies for Bitcoin

10.1.2021
American economist Brian Wesbury has shared his thoughts on what would happen if the masses were to ditch fiat currencies and adopt bitcoin instead. He discussed whether the government would allow it to happen and how bitcoin can become a true currency. Economist Brian Wesbury Answers Question...

Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor

9.1.2021
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor...

Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media

9.1.2021
During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great number of right-wing supporters, and literally anyone who speaks out against...

South Korean Government to Start Taxing Crypto Trading Profits in 2022

8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...