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Swedish Government Auctions Cryptocurrency Again


The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness...

U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra


In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...

Government and Crypto Regulation: The Unwanted Dilemma


The history of cryptocurrencies is just over a decade old; however, the journey from the first Bitcoin transaction to becoming a multi-billion-dollar industry has been nothing short of dramatic. Mahatma Gandhi once said, “first they ignore you, then they laugh at you, then they fight you, and then...

Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed


Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...

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