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Robert Kennedy Jr: Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny
8.4.2023
Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that...
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
8.4.2023
A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office...
Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador
7.4.2023
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing...
Japanese Government Mulls Promoting NFTs in Sport
7.4.2023
The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry.
Nikkei reported that Tokyo could move after the ruling Liberal Democratic Party Web3 “Digital Society Promotion” team issues a white paper on the matter.
The white paper is yet to be published,...
DeSantis is right — CBDCs will lead to absolute government control
6.4.2023
From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
6.4.2023
One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.”
Sony Lashes Out At Government For Not Shutting Down Microsoft Activision Deal
6.4.2023
While not set in stone, the UK’s Competition and Markets Authority (CMA) now appears likely to approve Microsoft’s $69 billion purchase of Activision Blizzard, and Sony seems pissed. In its latest regulatory filing it blasted UK regulators over their “surprising, unprecedented, and irrational”...
Japan pushes for friendlier environment for crypto with Web3 proposals
6.4.2023
Japan's Web3 project team released a white paper suggesting ways to expand the country's crypto industry to establish a welcoming atmosphere for crypto
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention
6.4.2023
The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against fraud...
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
6.4.2023
Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely...
China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says
5.4.2023
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia...
Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?
5.4.2023
Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer cryptocurrency trading and storage services for its customers.
As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin...
Swiss Government-Owned Bank PostFinance to Offer Customers Crypto
5.4.2023
PostFinance will begin offering its 2.5 million customers access to buy, store and sell Bitcoin (BTC) and Ethereum tokens (ETH), thanks to a partnership with Switzerland’s Sygnum Bank
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...
Texas Senate committee moves forward on bill removing incentives for crypto miners
4.4.2023
Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas' energy grid would not receive an abatement on state taxes
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change
4.4.2023
After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin proponents expressed distaste for the logo change, and...
Central Government and SBI to issue Forex Cards to select Haj Pilgrims
4.4.2023
The Ministry of Minority Affairs, currently chaired by Smriti Irani, has officially announced its partnership with the State Bank of India (SBI). The objective is to issue Forex Cards to select Haj pilgrims. The revised policy gives flexibility to cardholders in having the currency based on their...
US Government Went After Activision Over Stingy Esports Salaries
4.4.2023
The Department of Justice has taken Activision Blizzard to court, alleging the publisher’s esports leagues had been grossly underpaying their workers/players via an exploitative “Competitive Balance Tax”.Read more
Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism
3.4.2023
Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third term in office in 2024. In a recent interview on “Meet the Press Reports” with NBC’s Chuck Todd, Warren likened buying bitcoin...