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Saudi Minister Hints at 86 Million Tonnes of Petroyuan Adoption, States Country Is ‘Open to New Ideas’
13.9.2024
Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce....
UK Bill Recognizes Digital Assets as Personal Property Under New Law
12.9.2024
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better...
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
6.9.2024
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside...
French President Macron Names Michel Barnier as Prime Minister
5.9.2024
The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K
Russian Foreign Minister States Barter Trade Is Under Consideration for Bilateral Settlements With China
3.9.2024
Russian Foreign Minister Sergey Lavrov has emphasized that a barter trade system could be organized with China to overcome the current settlement problems. Lavrov noted that a similar system was studied by Brazil’s Lula outside the BRICS organization, proposing barter settlements among...
Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System
20.8.2024
Anton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system. He stressed that over 90% of these transactions have been completed using national currencies (rubles and yuan) due to the risks associated...
Kim Dotcom’s Extradition to US Approved by New Zealand Justice Minister
15.8.2024
Kim Dotcom, the founder of Megaupload, may soon be extradited to the U.S. from New Zealand following a decision by Justice Minister Paul Goldsmith. Dotcom, who has long resisted extradition since an FBI raid in 2012, said he has a plan and expressed his affection for New Zealand. He is accused...
Latvia's economic shift: Minister of Economics on crypto law and blockchain innovations
25.7.2024
Latvia’s Minister of Economics Viktors Valainis shared insights on the country's vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Indian finance minister ignores crypto industry’s budget tax plea
23.7.2024
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
23.7.2024
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister
11.7.2024
According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister...
Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto
10.7.2024
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated
Who is UK’s New City Minister & Her Views on Crypto
9.7.2024
The UK’s current prime minister, Keir Starmer, is a human rights lawyer from a small town in southern England. Today, he made his first official speech in parliament since being elected. He took the time to congratulate Speaker Sir Lindsay Hoyle after MPs re-elected him for the role. So,...
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency
9.7.2024
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital...
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
5.7.2024
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency
Zambia Working on Establishing an AI Framework, Says Minister
30.6.2024
Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced...
Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing
22.6.2024
Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform Labs, purchasing 750,000 luna coins at 10 cents...