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Biden On Buffalo Shooting: 'Hate That Remains A Stain' On Nation’s Soul
16.5.2022
In the wake of the horrific shooting in Buffalo this past weekend, President Joe Biden and New York Governor Kathy Hochul issued statements in response to the tragedy. Both the President and the First Lady issued an immediate response on May 15, referring to the shooting as “senseless...
Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned
4.5.2022
The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency business and come up with recommendations on the country’s crypto policy. Committees Constituted...
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
17.4.2022
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian...
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’
10.3.2022
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious...
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
24.2.2022
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer...
Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills
19.2.2022
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative...
Russian Government Approves Plan to Regulate Cryptocurrency
9.2.2022
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report
6.2.2022
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulation over the prohibition of cryptocurrencies...
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
25.12.2021
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
US Debt Ceiling Rattles Markets As Crypto Community Discusses Political 'Theater'
29.9.2021
a theater.”Speaking to the members of the Senate Banking Committee, US Treasury Secretary Janet Yellen warned on Tuesday that the US federal government could run out of money by October 18 unless Congress acts quickly to raise the debt ceiling. “It would be disastrous for the Amer
Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
21.4.2021
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the...
Roblox Player Fakes Their Way Into White House Press Briefings
13.4.2021
An independent journalist named Kacey Montagu has spent the last few months integrating herself within the White House press corps, lying about her connections to outlets both real and fictional to ask the Biden administration questions during official briefings. But according to Politico, Montagu...
Activision Blizzard Hires Former Trump Administration Member Once Decried As ‘Bully’
30.3.2021
Today, Activision Blizzard announced the promotion of Blizzard chief commercial officer and the chief operating officer Armin Zerza to CFO of the whole company. What it did not announce to the public is that it has also hired a new chief administrative officer: former Donald Trump administration...
A Pakistani Provincial Government Passes Crypto-Friendly Draft Resolution
4.12.2020
In Pakistan, a provincial government has passed a draft resolution on December 2, 2020, that demands the federal government to take steps towards legalizing both cryptocurrencies and crypto-mining activities. A Crypto-Friendly Draft Resolution Approval Sets a Precedent in Pakistan The Provincial...
Canadian Regulated Cryptocurrency Exchange Wealthsimple Begins Trading
23.9.2020
Following the regulatory sandbox approval by Canadian regulators, Wealthsimple announced that it has launched “Canada’s first regulated crypto platform.” The new crypto exchange is regulated by the federal government as well as regulators in 13 provinces and territories in Canada....
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
US Lawmaker Claims Stimulus Bill Bolsters Fed Secrecy, Pork Funds, and Wall Street Bailouts
28.3.2020
On Friday, U.S. bureaucrats passed the 2020 stimulus bill, which has become the largest cash injection package ever created by the federal government. However, following the bill making it through the Senate and House, Republican representative Thomas Massie told the public the stimulus bill...
Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights
21.3.2020
In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from...
Microsoft Settles Bribery Charges in Hungary with $25 Million Fine to Federal Government
23.7.2019
When it comes to some of the biggest companies in the world and their quest to expand into new markets, then there is always a possibility of resorting to unfair means. It can especially crop up if a country is trying to expand into new countries and having very little idea about the ways...