Crypto community unimpressed by SBF’s lengthy Substack letter
[Jan 12, 2023 3:39 PM] In the letter, SBF denies stealing funds and stashing billions of dollars away.
16 / 17 Relevant items tagged with #Government
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Congress may be ‘ungovernable,’ but US could see crypto legislation in 2023
[Jan 12, 2023 11:09 AM] Bipartisan support for cryptocurrencies exists on both sides of the aisle and in both chambers, but extreme elements could still thwart legislation.
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
[Jan 12, 2023 3:00 AM] The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official…
Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%
[Jan 11, 2023 4:00 PM] Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the…
Proposed bill in Argentina to encourage citizens to reveal crypto holdings
[Jan 10, 2023 11:43 PM] Argentines could soon be motivated with tax incentives to declare their crypto holdings as the government aims to tackle money laundering with a proposed bill.
Ex-Coinbase manager’s brother sentenced to 10 months in insider trading case
[Jan 10, 2023 2:15 PM] It is believed to be the first insider trading case involving cryptocurrency.
Hong Kong wants to become crypto hub despite industry crisis
[Jan 9, 2023 6:02 AM] Hong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3.
Bitcoin, Sango Coin and the Central African Republic
[Jan 8, 2023 8:14 AM] The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come from, and why is it necessary?
El Salvador’s Bitcoin strategy evolved with the bear market in 2022
[Jan 6, 2023 2:34 PM] After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing.
US Congress investigations into FTX are in limbo without a House Speaker
[Jan 4, 2023 2:45 PM] With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely.
Crypto regulation world: How laws for digital assets changed in 2022
[Jan 4, 2023 12:56 PM] While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption.
Ripple CEO optimistic about US 'regulatory clarity for crypto'
[Jan 3, 2023 5:43 PM] Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse.
Tribulations and triumphs: The biggest surprises in crypto of 2022
[Jan 3, 2023 1:20 PM] 2022 was a challenging year for many crypto companies, but some maintained exemplary performance.
The ‘godfather of crypto’ wants to create a privacy-focused CBDC: Here’s how
[Jan 3, 2023 12:33 PM] David Chaum explained his game plan to create a CBDC that would also be appreciated by the crypto ecosystem in an exclusive interview.
Türkiye to use blockchain-based digital identity for online public services
[Jan 2, 2023 6:32 AM] Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application.
Former Chinese central banker says digital yuan ‘usage has been low’
[Dec 29, 2022 9:30 PM] A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”
Here is why Bitcoin price gave back all its intraday gains
[Dec 14, 2022 3:08 PM] BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
[Dec 14, 2022 3:00 PM] The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases…
Algorand to support bank and insurance guarantees platform in Italy
[Dec 13, 2022 5:13 PM] This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand.
$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report
[Dec 12, 2022 4:10 PM] To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity.
Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow
[Dec 12, 2022 12:00 PM] The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow.
Bank of England opens applications for 'proof of concept' CBDC wallet
[Dec 11, 2022 11:18 PM] The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.
Gensler’s approach toward crypto appears skewed as criticisms mount
[Dec 10, 2022 8:29 AM] While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise.
FTX reportedly gets 3 more months to stop all operations in Japan
[Dec 9, 2022 3:40 AM] Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors.
Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting
[Dec 8, 2022 12:01 PM] WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.
Bank of Russia wants to ban miners from selling crypto to Russians
[Dec 7, 2022 6:25 AM] The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.
Paraguay's legislature fails to reverse presidential veto on crypto regulation law
[Dec 6, 2022 2:45 PM] The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers.
Malta prepares to revise regulatory treatment of NFTs
[Dec 5, 2022 10:27 AM] The revision seeks to remove nonfungible tokens from Malta's Virtual Financial Assets Framework.
Brazilian crypto industry gets regulatory clarity amid global uncertainty
[Dec 5, 2022 8:22 AM] The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.
‘I Wanted to Punch Kanye’ — Free Speech Waffler Elon Musk’s Nonsensical Take on Bitcoin, CBDCs, and Censorship
[Dec 4, 2022 11:00 PM] “Vox Populi, Vox Dei, man.” So says self-proclaimed Chief Twit Elon Musk from a private jet flying high above the world during a Twitter Spaces appearance on Sunday, Dec. 4 (JST). It does sound nice to say, but the voice of the mob should never be…