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South Korean SME Minister Sings Praises of Blockchain-powered Payments
13.11.2020
A South Korean minister has been championing blockchain-powered payments, claiming they have the power to transform the business landscape for smaller businesses in the country.
Per News1, the comment came from the country’s Minister of Small and Medium Enterprises and Startups Park Young-sun,...
A minister’s look at what regulators expect from the industry
7.11.2020
Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it
Economy minister says Brazil will have its own CBDC
5.11.2020
Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of the Central Bank
Blockchain is still far from maturity, says China’s former IT minister
24.10.2020
He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now
Chinese Firms Could Take Global Blockchain Lead, Says Former Minister
23.10.2020
A former Chinese IT minister says blockchain is still in its infancy and Chinese firms are poised to take the global lead – while there is also evidence to suggest that China’s mega tech companies are making steady progress with their blockchain projects.
Per The Paper, Wu Zhongze, a leading...
French Finance Minister throws shade at crypto, praises blockchain
19.10.2020
He stated that he does not “question the reliability and traceability of all blockchain technology,” but denounced crypto
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains
14.10.2020
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly...
Massive Protests Led to Suspension of SWIFT and Banking Activities in Kyrgyzstan
9.10.2020
Kyrgyzstan has suspended the SWIFT system and recommended that banking activities be halted until the severe political unrest in the country stabilizes. Massive protests broke out after parliamentary elections as the opposition stormed government buildings and forced the prime minister to resign....
Australian government’s digital business plan includes $5M for blockchain
1.10.2020
Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million
Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....
Where does the next Japanese prime minister stand on crypto?
15.9.2020
Yoshihide Suga is set to replace retiring PM Shinzo Abe
Indian Prime Minister Modi’s Twitter Account Hacked, Bitcoin Donations Requested
3.9.2020
The verified Twitter account for Indian Prime Minister Narendra Modi’s personal website and mobile app has been hacked, Twitter has reportedly confirmed. Tweets asking for bitcoin donations for the Prime Minister’s National Relief Fund for Covid-19 were posted on the account. Twitter...
Indian prime minister the latest victim of crypto scam Twitter hack
3.9.2020
A cybercrime group named ‘John Wick’ has taken responsibility for the attack
Hacker Hijacks Twitter Account of Indian Prime Minister’s Relief Fund, Asks Followers for Crypto
3.9.2020
Prime Minister Narendra Modi has become the latest victim of a Twitter hack undertaken to trick social media users into sending crypto to the attackers
Kazakhstan on track for $700M crypto mining investment goal, says minister
2.9.2020
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
Japan’s Finance Minister: Blockchain Can Help in Fight Against COVID
24.8.2020
Taro Aso, Japan’s finance minister, said blockchain could provide one possible solution to COVID contact tracing, emphasizing privacy
Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister
10.8.2020
On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister has said it could help grow the national economy
India Proposes Amnesty for Citizens Holding Unreported Gold
2.8.2020
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards
15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....