Category: Government

Money and Democracy: How the Elite Manipulated Ledgers and Created a Social Ranking System

Money and Democracy: How the Elite Manipulated Ledgers and Created a Social Ranking SystemMoney is one of the most important but least understood manmade tools in existence. For more than 5,000 years humans have used a tool of exchange called money to facilitate trade. During this timespan, the evolution of money has evolved into a system of information, a social contract, and a ranking system. Also Read: IRS […]

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Bitcoin and Voluntaryism – Where Libertarian Philosophy Meets Crypto

Bitcoin and Voluntaryism - Where Libertarian Philosophy Meets CryptoFor the uninitiated, voluntaryism is a philosophy based on consent. In the simplest terms it says: “If it’s not voluntary, it’s not moral.” This basic statement is often countered with “Yes, but not everyone agrees on that, some people use violence to get what they want.” This is 100% true. And this is why voluntaryists […]

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Thailand Approves 4 New Cryptocurrency Service Providers

Thailand Approves 4 New Cryptocurrency Service ProvidersThe Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and procedures have been introduced for digital asset businesses. Also read: G20 […]

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‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders

'Zimdollar' Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency FloundersP2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country. Finance minister Mthuli Ncube sees the […]

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110 Cryptocurrency Exchanges Want to Launch in Japan – A Look at Recent Changes

110 Cryptocurrency Exchanges Want to Launch in Japan - A Look at Recent ChangesFollowing G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto trading platforms have undergone changes. Also read: G20 Leaders Issue Declaration on Crypto Assets […]

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India to Educate High-Ranking Police Officers on Cryptocurrency

India to Educate High-Ranking Police Officers on CryptocurrencyIndia’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian police continue to regularly uncover crypto-related schemes as the government deliberates on the […]

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The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization

A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman Maxine Waters and cohorts took aim this week not only […]

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Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?

Site Effects of Growth: Is Snowden Right When He Says Bitcoiners Shouldn’t Be Bankers?Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. Deutsche Bank’s head of strategy Jim Reid recently noted […]

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Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque

Despite the Grid's Warning Iranians Share Pictures of Bitcoin Mining in a MosqueOn Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners Mining in a […]

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Indian Crypto Community Petitions Government for Regulation

Indian Crypto Community Petitions Government for RegulationFollowing widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired a program discussing the bill, and three Right to Information requests have […]

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Indian Government-Backed Program Offers Crypto and Blockchain Course

Indian Government-Backed Program Offers Crypto and Blockchain CourseAn Indian government-initiated program is offering a course for undergraduates to learn about cryptocurrency, blockchains, and their use cases. This 12-week interactive course is free to enroll and learn from. Among the topics covered are Bitcoin basics and consensus. Meanwhile, India’s regulatory framework for cryptocurrency is reportedly ready. Also read: Indian Cryptocurrency Regulation Is Ready, […]

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India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies

India's Central Bank Denies Knowledge of Bill to Ban CryptocurrenciesIndia’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have any knowledge of this bill and did not […]

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Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India

Supreme Court Advocate Suggests How to Regulate Cryptocurrency in IndiaAn Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. Meanwhile, the Indian crypto community and industry bodies have urged the central bank […]

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Indian Supreme Court Postpones Crypto Case at Government’s Request

Indian Supreme Court Postpones Crypto Case at Government's RequestIndia’s supreme court has postponed hearing the crypto case at the request of the government’s counsel. The court was expecting to hear about the country’s cryptocurrency regulation today before proceeding to address the banking ban by the central bank. However, the case has now been postponed. Also read: Indian Supreme Court Set to Hear Crypto […]

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PR: Bitcoin.com Partners With Jeju Blockchain Smartcity Association to Spread BCH Adoption

Bitcoin.com Partners With Jeju Blockchain Smartcity Association to Spread BCH AdoptionRoger Ver, CEO of Bitcoin.com has agreed to help the Jeju Blockchain Smartcity Association grow the BCH ecosystem.

On March 25th, Roger Ver agreed to collaborate with the Jeju Blockchain Smarcity Association in Korea. The Association’s blockchain and BCH friendly environment is built on three pillars: free market efficiency, job creation, and international leadership. Since time is of the essence, the association plans to launch the Korean Blockchain Smarcity Challenge, to find and incentivize startups to help develop the BCH ecosystem. The goal of the competition is to develop innovative solutions that resolve existing urban issues in transport, energy, environmental sustainability, safety, payments and many more. The Korean Blockchain Smartcity Challenge will also showcase the ways in which blockchain technology is used by companies, the federal government, and the local government in Jeju Smartcity.

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Chinese Government Officials Targeted With Ransomware, North Korea Suspected

Chinese Government Officials Targeted With Ransomware, North Korea SuspectedA statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has […]

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PR: Austrian ANON Blockchain Summit Attracts Billion Dollar Businesses

Austrian ANON Blockchain Summit Attracts Billion Dollar BusinessesThe inaugural ANON Blockchain Summit Austria will be held April 2-3, featuring Microsoft, IBM, Alibaba Cloud and Accenture plus other big names, with the aim of putting Vienna’s vibrant blockchain scene on the map.

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Venezuelan Government Launches Cryptocurrency Remittance Service

Venezuelan Government Launches Cryptocurrency Remittance ServiceThe government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched by the Superintendency of Cryptoassets and Related Activities, the country’s main crypto regulator, which has also set a monthly limit and a commission per transaction. Also read: SEC Chair Explains Key […]

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Indian Government Confirms Cryptocurrency Regulation in Final Stages

Indian Government Confirms Cryptocurrency Regulation in Final StagesThe government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Also read: Indian Supreme Court Gives Government 4 Weeks […]

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Indian Trade Association Calls for Fast Crypto Regulation to Drive Growth

Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive GrowthThe Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association. […]

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Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee

Report: Indian Government Concerned Cryptocurrencies Could Undermine the RupeeThe Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Impact on […]

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Cryptocurrency Independence Under Threat As Regulation Encroaches

Cryptocurrency Independence Under Threat As Regulation SpreadsFor governments, cryptocurrency is becoming too mainstream to ignore and too chaotic to neglect. Across the world, government agencies are targeting crypto investors not only with taxes but mandatory registration and full disclosure rules. This new wave of regulation poses a contradiction in that some of cryptocurrency’s strongest traits have always been privacy and autonomy. […]

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South Korea Updates ICO Stance After 3-Month Investigation

South Korea Updates ICO Policy After 3-Month InvestigationThe South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies. The government found that many companies have bypassed its ICO ban and conducted token sales overseas. Also read: Indian Supreme Court Moves Crypto Hearing, Community […]

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Indian Government Invites Law Firm to Present Suggestions for Cryptocurrency Regulation

Indian Government Invites Law Firm to Present Crypto Regulatory Proposal With Self-RegulationThe Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies. The suggestions include avoiding prohibition, taking a balanced approach, options for licensing, and self-regulation for the industry. Also read: Indian Supreme Court […]

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