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Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles

28.4.2022
Blockchain and virtual currencies are set to become vital part of the Argentine capital’s 12-step digital transformation effort

Report: Cambodia Reaffirms Stance Against Unsanctioned Crypto-Related Activities

28.4.2022
Cambodian authorities have reportedly said that no cryptocurrency company has been issued a business license yet, and that conducting cryptocurrency-related activities in the country is still illegal. Fintech Industry Growing Rapidly The Cambodian government has not greenlighted the issuing or...

Acting OCC comptroller calls for standards on stablecoins

27.4.2022
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins

Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador

27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...

Gibraltar's Government Targets Crypto Market Manipulation With New Rules

27.4.2022
Market manipulation has been an increasing risk among distributed ledger technology companies, Gibraltar’s Minister for Digital and Financial Services Albert Isola minister said in 2020

Cuban central bank makes it official: VASP licensing coming in May

27.4.2022
The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16

2 in 10 People in El Salvador Still Using Government’s Chivo Bitcoin App – Survey

27.4.2022
A survey has found that Salvadorans are using the state-run Chivo bitcoin (BTC) app and wallet sparingly if at all, with most simply downloading it to receive a USD 30 worth of bitcoin as a golden hello before returning to using the dollar.... Read More: 2 in 10 People in El Salvador Still Using...

National Assembly of Panama Advances Discussion of Cryptocurrency Law Project

27.4.2022
The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more clarity to the sector in the country. The proposal, which was approved in the first discussion, was composed of two different projects presented to the economic...

US Senate confirms Lael Brainard as Fed vice chair

26.4.2022
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

26.4.2022
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor....

City of Fort Worth votes in favor of Bitcoin mining program

26.4.2022
"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie Parker

Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency

26.4.2022
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify...

US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto

26.4.2022
Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced. They conspired “to teach and advise members of the North Korean government on cutting-edge...

Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia

24.4.2022
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping...

Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government

23.4.2022
The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that...