Category: Government

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Coinbase Pitches Crypto As a Solution for Racial Inequality in Finance

To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial inequity in the financial sector. To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial injustice in the financial sector. As part of the campaign,…
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Crypto-Friendly Presidential Candidate Andrew Yang Considering a Mayoral Run?

Don’t count Andrew Yang out just yet – the 2020 presidential candidate may be bringing his ideas to local elections in New York City. “See you back in New York,” Andrew Yang said as he ended his campaign for US president.   Cryptocurrency holders saw an ally in 2020 presidential hopeful Andrew Yang, so the news…
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Not All Central Banks Have an Interest in CBDCs

While banks in emerging markets are moving more rapidly toward issuing CBDCs, other countries appear to be taking a more cautious stance. The recent survey results published by the Bank of International Settlements produced bullish and bearish sentiments with regard to Central Bank Digital Currency adoption. While banks in Emerging Market Economies (EME) are moving…
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Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023

The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023. As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years. According to…
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After MIT Find Vulnerabilities, Medici Ventures Defends Blockchain Voting App Voatz

CEO of Overstock has issued a statement supporting blockchain in voting in response to the technology’s recently published vulnerabilities claims. Jonathan Johnson, CEO of Overstock and president of Medici Ventures, has issued a statement supporting blockchain in voting in response to the technology’s vulnerabilities claims published on Feb. 13. Emerging technologies got in the crosshairs…
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Blockfolio and TokenTax Join Forces to Make Taxes Easier

Blockfolio users can now import their existing crypto portfolios into TokenTax’s automated software. The deadline for filing 2019 taxes in the United States is quickly approaching. Even for those declaring traditional income, the process can be lengthy to say the least. One of the biggest challenges for crypto holders in the US and beyond is…
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Crypto Community Loses Its 2020 Presidential Candidate Andrew Yang

Cryptocurrency-friendly United States presidential candidate Andrew Yang announced the end of his campaign. Cryptocurrencies and blockchain technology have lost a proponent and ally in the American political landscape.  Andrew Yang, an entrepreneur and Democratic candidate in the United States presidential elections, has suspended his campaign for president. NPR reports on Feb. 11 that Yang told…
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New Canadian Dollar-Pegged Stablecoin QCAD to be Regulated by FinTRAC

Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar. Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD). Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the…
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North Korean Internet Use Spikes 300% as Regime Turns to Cryptocurrencies

North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies. North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities. Exploitation of crypto and blockchain technology…
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Italy’s Securities Regulator Shuts Down 8 Crypto Trading and Foreign Exchange Sites

Italian securities regulator Consob is shutting down 8 FX and crypto websites for providing illegal products and services. Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites.  According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused…
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