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Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
29.7.2021
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets
Paypal Plans to Study Transactions That Fund Extremism, Anti-Government Groups
28.7.2021
The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate groups and extremism. Paypal to Study...
Digital currency may be an answer to help the unbanked, Sen. Warren says
28.7.2021
Democratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks
CBDCs ‘concocted in hell by Satan himself’ says ASI president Rich Checkan
28.7.2021
Rich Checkan described CBDCs as the spawn of Satan, and thinks that Bitcoin is still a speculative asset and not a currency alternative yet
Kazakhstan to reportedly allow banks to process crypto purchases
27.7.2021
A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally
India to use Ethereum blockchain to verify diploma certificates
27.7.2021
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education
Blockchain Australia calls the state for crypto safe harbor
26.7.2021
The Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued
SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
23.7.2021
“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
23.7.2021
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by...
Reserve Bank of India mulls first steps toward an eventual CBDC
22.7.2021
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo
Get a passport, pay crypto, live tax-free?
22.7.2021
Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution
SEC Chairman says cryptocurrency falls under security-based swaps rules
21.7.2021
More rules are coming for the cryptocurrency space, according to SEC Chairman Gary Gensler
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...
New EU proposal looks to tighten regulations for sending cryptocurrency
20.7.2021
The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity
Bank of Korea selects Kakao’s blockchain arm for digital won tests
20.7.2021
ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X
Indian regulator probes crypto exchange for alleged forex law violations
19.7.2021
The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land
Turkey’s crypto bill ready for parliament, says Deputy Minister of Finance
19.7.2021
The legal draft places a minimum capital requirement for crypto businesses operating in Turkey
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program
16.7.2021
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information on foreign malicious cyber activity against U.S. critical infrastructure.” The department further said that “Reward payments may include payments...
Japan to reportedly take action to scrutinize crypto globally
16.7.2021
Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins
Tennessee city wants to accept property tax payments in Bitcoin
16.7.2021
Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation