Tag: Government

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No Demand for a State Digital Currency in Japan: Central Bank Governor

Bank of Japan Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency in the country. Bank of Japan (BOJ) Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency (CBDC) in the country. During his speech at the symposium for the 35th…
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China’s Great Firewall Blocks Popular ETH Block Browser Etherscan

China’s Great Firewall, a tool used to ban Chinese people from using sites like Google, and Facebook, has blocked Etherscan’s site. China’s Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has listed a major explorer for Ethereum’s (ETH) blockchain. According to data from non-profit monitoring organization GreatFire,…
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US Lawmakers Want to Brand Libra a Security, Association Disagrees

Libra could face even more stringent requirements as U.S. lawmakers introduce a bill seeking to classify stablecoins as securities. A couple of United States lawmakers are looking to classify stablecoins as securities. With Libra considering adopting fiat-pegged stablecoins rather than a single token supported by a basket of national currencies, the proposed crypto project might…
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Trump Isn’t Sold on Bakkt CEO Kelly Loeffler Becoming US Senator

Georgia Governor Brian Kemp is expected to appoint Kelly Loeffler, CEO of Bitcoin futures platform Bakkt, for a United States Senate seat next week. Georgia Governor Brian Kemp is expected to appoint Kelly Loeffler, CEO of institutional Bitcoin (BTC) futures platform Bakkt, for a United States Senate seat next week. Atlanta’s local news outlet AJC…
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European AML Regulations Follow the US Path With a Six-Years’ Delay

Next year is to be crucial for the crypto industry in Europe, when the EU Fifth Anti-Money Laundering Directive will be transposed into the national legislation of each EU member state. In January 2020, the regulatory landscape for crypto businesses will completely change in the European Union in comparison with the last decade — and…
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Russia Reportedly Considers Ban on Using Crypto as Means of Payment

Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial…
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Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin

Bitcoin bulls will be buoyed by talk of the need for “a new, neutral global reserve asset” is rife at the heart of the traditional financial sector. Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere.  Financial…
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If Bitcoin Price Drops — an Opportunity for Crypto Tax Planning

Bitcoin traders can use Bitcoin price drops to reduce their tax liabilities. After many countries around the world such as the United States, the United Kingdom, France, and Portugal published their own cryptocurrency tax guidelines this year, it is only reasonable they will expect to see an increase in crypto tax filing. They may even…
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EU Fights Corporatization of AI and Blockchain With Massive Investment

Can the EU’s massive investment into blockchain and artificial intelligence research and development save us from the world’s tech oligopoly? The European Union’s announcement of a new 110 million euro fund to support research on artificial intelligence and blockchain comes at a critical time for the AI industry, when issues at the intersection of privacy,…
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China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown

At least five Chinese crypto exchanges have halted or chosen to terminate operations this month in response to a perceived hardening of Beijing’s anti-crypto stance. At least five Chinese cryptocurrency exchanges have halted or chosen to terminate operations this month in response to a perceived redoubling of Beijing’s anti-crypto stance. Exchange operator Bitsoda informed the…
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