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Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps
25.1.2022
Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringent crypto crackdown to date.
With the rest of the tech world launching...
New El Salvador Laws Will Help Bitcoiners Who Want to Move to the Country, Says Gov’t
5.1.2022
The government of El Salvador has unveiled further details about the “20 new financial and innovation”-related laws recently announced on Twitter by the President Nayib Bukele – and it looks like the legislation will be aimed at bitcoin (BTC) enthusiasts hoping to move to the country and helping...
Bitcoin Miners Could Go Nuclear in Kazakhstan as Gov’t Plans New Power Plant
30.12.2021
The government of Kazakhstan is debating a plan to build a nuclear power plant that could help the country to strengthen its Bitcoin (BTC) and crypto mining sector in the longer term.
According to the media outlet Vedomosti, the Minister of Energy, Magzum Mirzagaliyev, told reporters that...
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t
24.12.2021
Crypto miners in Russia could be set to pay higher electricity fees in 2022, but the development could allow miners to ply their trade without further scrutiny from energy providers – who may even assist them in setting up their operations in ways that place less strain on local grids....
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New Delhi Ready to Back Down on Crypto Regulation, Claims Anonymous Gov’t Source
15.12.2021
It’s a case of another day, another twist in the seemingly endless saga of India’s crypto legislation. And this time the protagonists in the saga, the nameless sources leaking information to the domestic press, are claiming that the cabinet is not on the verge of doing anything with crypto after...
India's Bollywood-Worthy Twists & Turns as Gov't Set to Make Key Crypto Decisions
10.12.2021
India’s protracted struggle with crypto-related legislation has taken yet another confusing turn, while a range of options appears to be on the table for a key meeting to be held today – with the crypto-skeptic Prime Minister Narendra Modi set to make a decisive call in the next...
Russian Senate, Gov’t Ministries & Central Bank to Create Crypto ‘Working Group’
8.12.2021
The Russian parliament’s upper house, the Federation Council (the equivalent to the American Senate), is stepping up its crypto regulatory efforts – and wants to get involved in the creation of new laws pertaining to the sector....
Read More: Russian Senate, Gov’t Ministries & Central Bank...
Chinese Central Gov’t Wants to Create ‘Digital Asset Exchanges’ as CBDC Nears
26.11.2021
China’s policy-forming State Council has announced that it wants the nation to launch Beijing-based digital asset exchanges to power the adoption of its forthcoming central bank digital currency (CBDC) project, the digital yuan.
The council called upon financial bodies to speed up the pilots...
South Korean Parliament Tries to Push Through Crypto Tax Delay, Gov’t Fights Back
26.11.2021
The South Korean government is on a collision course with lawmakers on both sides of the National Assembly on the issue of crypto tax.
The matter has become a political hot potato – or perhaps more accurately, a political hot mess – in recent months. ...
Read More: South Korean Parliament Tries...
UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons
10.11.2021
Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning...
Main S Korea’s Presidential Candidates Oppose Crypto Tax – But Gov’t Won’t Budge
9.11.2021
The long-running will-they-won’t-they saga of the South Korean government’s crypto tax plans has taken a fresh turn – after both of the leading candidates to become the next President in March 2022 said they were in favor of delaying or amending the tax....
Read More: Main S Korea’s Presidential...
S Korean Gov’t Might ‘Eventually Raise the White Flag’ on Crypto Tax
5.11.2021
Pressure is growing on the South Korean government to back down over a controversial crypto tax law that will see trading profits over an annual total of USD 2,100 taxed at 20%.
Per the Segye Ilbo, the “dominant feeling” among analysts is that the ruling Democratic Party will try to force through...
US gov attorneys to target individuals and gatekeepers for crypto prosecutions
28.10.2021
Major regulatory agencies plan to work harder to prosecute individuals and companies that have had dodgy dealings with digital assets
BoE deputy gov: regulators should pursue crypto as a 'matter of urgency'
13.10.2021
The central bank official spoke about the risks cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds, and banks
SEC Kicks the Bitcoin ETF Down the Road Again, Legal NFT Battle + More News
1.10.2021
f="https://www.sec.gov/rules/sro/nasdaq/2021/34-93172.pdf">citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of the ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust, and Kryptoin Bitcoin ETF - ha
El Salvador Gov’t to Mitigate Against Fuel Price Crisis – Using its Bitcoin App
30.9.2021
rators had negotiated a deal with two fuel distribution companies, meaning that Chivo users could receive a discount worth USD 0.20 per gallon at petrol stations across the nation.Bukele wrote that the “state-owned company Chivo” had “negotiated with the largest gas station companies in the c
Not Ideal, but ‘Better Than Nothing’ - Market Awaits 'Paper Bitcoin' ETF
30.9.2021
o agree that a futures-backed “paper bitcoin” ETF could still be useful. Speaking during an asset management conference hosted by the Financial Times on Wednesday, the SEC Ch
Regulator is Like a ‘Bulldozer’ but Crypto is ‘Resistant to State Control’
29.9.2021
rel="noopener noreferrer" href="https://www.cftc.gov/PressRoom/PressReleases/8433-21">issued “an order filing and settling charges against respondent Payward Ventures, Inc. d/b/a Kraken […] for illegally offering margined retail commodity transactions in digital assets,” including
Over USD 800M New Investments, Crypto.com Enters NBA + More News
22.9.2021
ner noreferrer" href="http://cryptonews.com/coins/bitcoin">bitcoin (BTC) exchange-traded fund (ETF), while investment advisory firm Amplify filed for
Politicians Want USD 16B More From US Cryptofolk, But S Korea Sees Better News
14.9.2021
but then buying the same type of coin again within the next 30 days. They also want to make sure that people who buy offsetting positions also file capital gains declarations.The bid was detailed in