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Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
23.10.2022
The explosive Web3 growth in the country is supported by several factors, including a large talent pool, a high adoption rate and product development for global markets
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
21.10.2022
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s...
SIMBA’s CEO Bryan Ritchie on US Government’s Adoption of Blockchain
20.10.2022
Serial entrepreneur and CEO of SIMBA Chain (short for Simple Blockchain Application), Dr. Bryan Ritchie, discussed the US Government's role as a leader in blockchain adoption for several of its branches, including the US Air Force and the US Space Force.
How SIMBA is Solving Web3 Adoption...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product
20.10.2022
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers...
Turkey taps blockchain for e-Human project, President Erdoğan announced
19.10.2022
Turkish President Recep Tayyip Erdoğan shared new details about the country’s e-Human project powered by blockchain
Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
19.10.2022
The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying this will allow local manufacturers to grow and become competitive. The restrictions...
Israel's Government and Tel Aviv Stock Exchange Preparing to Issue Digital State Bond
19.10.2022
Israel's Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue a blockchain-based digital state bond
Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation Numbers
18.10.2022
The government of Argentina has begun to act in several directions to control the raging inflation numbers registered this year. Sergio Massa, minister of treasury, proposed a program called “Fair Prices,” to force retailers and producers to establish a fixed price on various products...
India to Discuss Crypto During G20 Presidency to Establish Tech-Driven Regulatory Framework, Says Finance Minister
18.10.2022
India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven...
What new EU sanctions mean for crypto exchanges and their Russian client
17.10.2022
Despite many popular exchanges curtailing their operations within Russia, many platforms continue to service the region as usual
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession
17.10.2022
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world...
Elon Musk Says Spacex Will Keep Funding Ukraine for Free Even Though Starlink Is Losing Money — $80M Spent so Far
17.10.2022
Spacex CEO Elon Musk says that his company will “keep funding” the government of Ukraine for free even though Starlink is losing money, noting that it has cost Spacex $80 million so far to provide internet terminals and services to Ukraine. “We’ve also had to defend against...
Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings
14.10.2022
The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has made...
Government of Dominica Enters Into Agreement With TRON, Set to Issue Fan Token Named Dominica Coin
13.10.2022
Dominica is a sovereign island nation in the Caribbean Sea, known as the “Nature Island of the Caribbean” because of its outstanding natural beauty. Following the signing of a new agreement with TRON, the country is now set to embrace blockchain technology and provide a model for integrating small...
UK gov't introduces bill to digitize trade documents — potentially traced using blockchain
13.10.2022
The Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which, ironically, was “ordered to be printed” following the first reading on Oct. 12
Brazil's Rio de Janeiro will accept crypto-payments for property taxes
12.10.2022
The city will allow taxpayers to make crypto payments through third-party service providers
Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’
12.10.2022
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says...
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
$25K or $15K BTC — CPI and US inflation data coming out on Thursday: Watch The Market Report
11.10.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13
Russian Government to Hold Key Crypto Regulation-themed Meeting Today
11.10.2022
Russian ministers have tabled a meeting on the thorny matter of crypto regulation today – as the government attempts to finalize its much-delayed attempts to police the sector....
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