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Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
18.8.2021
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities...
Group of Salvadorans Take to the Streets to Protest El Salvador’s New Bitcoin Law
25.7.2021
While some Salvadorans situated near Playa El Zonte beach like the new bitcoin tender law implemented by Nayib Bukele’s regime, a number of other citizens dislike the law. This week, regional reports show citizens from El Salvador have taken to the streets to protest the bitcoin tender law....
Russian lawmakers prepare legal amendment to confiscate crypto
7.7.2021
Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime
Blockchain a panacea for corruption in state governance, says exec
5.7.2021
An article appearing on the World Economic Forum website has made the case for blockchain adoption to fight corruption and wastage of resources in government activities
Biden Makes Cryptocurrency a Focus of New Anti-Corruption Directive for National Security
4.6.2021
Cryptocurrency is a point of focus in President Joe Biden’s new directive aimed at combating corruption as a core national security interest of the U.S. An official of the Biden administration says that major parts of the directive will focus on cryptocurrency and cybercrime. Crypto a Focus...
It's 10 Years Since You First Didn't Plan To Buy A Wii U
2.6.2021
Cast your minds back, nostalgia fans, to those halcyon early summer days of June 2011. It was E3, back when people met together in buildings and when people still cared about E3, that Nintendo revealed the follow-up to their astonishingly popular Wii console. Yes, as Reggie Fils-Aimé took...
Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin
10.4.2021
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...
Some Russian officials are being forced to sell their crypto by April 2021
22.1.2021
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law
Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero
11.12.2020
A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav...
UN drugs and crime wing advises Kenya to use blockchain against corruption
3.11.2020
Blockchain can reportedly return billions of dollars back to Kenya’s budget
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
22.10.2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions...
The UN’s ‘decade of delivery’ needs blockchain to succeed
26.9.2020
Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation
Bribery gets blocked: Stamping out corruption with blockchain tech
19.9.2020
In a world where all public records are stored on an immutable ledger, it would be difficult to be a corrupt government official
Denmark proposes use of blockchain in fight against corruption
3.9.2020
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption
Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria
26.8.2020
It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot
$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
16.8.2020
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. Akon City Will Be Like ‘Wakanda’...
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
21.7.2020
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
Ethereum-Based Anti-Corruption Project Set for Trial in Colombia
18.6.2020
Blockchain technology may offer a solution for countries looking to get rid of corruption while increasing transparency in their governments, a recently published report from the World Economic Forum (WEF) suggests.
According to the report, titled Exploring Blockchain Technology for Government...
World Economic Forum Suggests Fighting Corruption With Blockchain Tech
17.6.2020
A new World Economic Forum study has revealed how blockchain technology can be used to prevent corruption in public procurement