Category: Government

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French High School Students Will Learn About Bitcoin And Crypto

The French education ministry has introduced a module to its high school curriculum that covers Bitcoin and cryptocurrencies. France is about to introduce an educational module to its high school curriculum that covers Bitcoin (BTC) and cryptocurrencies. In June, the French Ministry of National Education amended its study plan to incorporate the world’s largest cryptocurrency.…
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Two Pro-Crypto US Congressmen Note Bitcoin White Paper’s 11th Birthday

Two U.S. policymakers have noted the Bitcoin whitepaper’s 11th birthday, saying that cryptocurrency innovation should be encouraged. U.S. Representatives Patrick McHenry (R-NC) and Warren Davidson (R-OH), have encouraged Bitcoin (BTC)-powered innovation on the Bitcoin white paper’s 11th birthday. U.S. policymakers should not attempt to deter Bitcoin’s tech U.S. congressman McHenry, who represents North Carolina’s 10th…
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NY Court Orders Veritaseum to Pay Back $8 Million From Illegal ICO

Veritaseum has been ordered to pay an $8 million disgorgement fine for selling unregistered securities by a New York Eastern District Court. The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable…
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Binance Rumored to Be Planning New Office in Beijing in First Presence in China Since 2017

In a first since China’s crypto ban of 2017, Binance may be planning to open an office on the Chinese mainland. Major crypto exchange Binance may be returning to China, with a planned office to open in Beijing, sources say. Binance in exile Binance, which left China in September 2017 in response to the country’s…
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New IRS Guidance: How to Report Crypto Assets Accurately

Understanding the new IRS guidance for cryptocurrency. The United States Internal Revenue Service (IRS) is continuing to focus its efforts in cryptocurrency. After sending a recent enforcement letter, the IRS has released two new pieces of guidance for taxpayers who engage in transactions involving digital currency. The new guidance includes Revenue Ruling 2019–24 and FAQs,…
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Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past

Canada’s volatile history of mainstream adoption and fraud is directly impacting the future of cryptocurrency in the country. Recently, Canada’s central bank has been leading working groups with global partners exploring a blockchain future. Their crypto presence has soared with Ernst & Young’s announcement that it is using Toronto to test its public government expenditure…
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Regulators Hostile to Bitcoin Will Fall Out of Favor, Warns Samson Mow

Bitcoin is digital freedom because it allows making the transactions that others don’t want you to make, Blockstream CSO says. Hostility to Bitcoin (BTC) from the global regulators is a double-edged sword that can hurt authorities if they lose their power, the Blockstream Chief Strategy Officer (CSO) warned. During a panel at a Liquid meetup…
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China: Veteran Regulator Tells Sichuan to Tap Hydropower for Blockchain

A veteran Chinese regulator urges those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry. A veteran Chinese regulator has told those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry. Jiang Yang —  former vice-chairman of the China…
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Five European Union Countries Team Up to Block Libra: Report

Five European Union member countries are purportedly creating a unified front against the issuance of Facebook’s proposed Libra stablecoin. Five European Union member countries have reportedly teamed up to prevent the issuance of Facebook’s stablecoin Libra. Private meetings to turn EU against Libra Following a series of private meetings in October, France is reportedly leading…
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Association of Prive German Banks Argues for Digital Euro

The Association of German Banks released a paper in which it says that the economy needs the digital euro. German banks have presented a position paper in which they make several arguments for the digital euro. On Oct. 30, in a paper released by the Association of German Banks (Bankenverband), which represents more than 200…
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