Tag: Government

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US Security Token Platform TokenSoft Joins Blockchain Association

The US token issuance platform cited automation, regulatory compliance, and properly utilizing blockchain technology as reasons for the move. Security tokens platform TokenSoft has joined the U.S.-based crypto lobbying group Blockchain Association (BA). The San Francisco-based token issuance platform said in an official announcement on April 27 that it would be entering the D.C.-based organization…
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The Government of Bogota Launches Free Online Blockchain Courses

“Bogota Aprende TIC” program aims to spread the word among regular citizens of the potential of blockchain. On April 27, the capital of Colombia launched a series of free online courses that cover a broad spectrum of content on new technologies, including blockchain. Sponsored by the Mayor’s Office of Bogotá, the “Bogotá Aprende TIC” program…
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The Need for a New Reserve Currency Is More Prevalent Than Ever Before

The COVID-19 pandemic has revealed the necessity for a brand new reserve currency, and it is time for crypto. The ongoing COVID-19 pandemic has brought into focus the need for international cooperation and support. Coupled with a crumbling economy, it’s shown us that now is the time for a modern, accessible reserve currency. However, markets…
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Recap of Cointelegraph Talks: E-Payments During Covid-19 and Beyond

Speakers from Ternio, Monarch, and Utrust weighed in on the future of the industry & the impact of COVID-19. The current pandemic is far from over and the economic, political, and social ramifications of this crisis remain unclear. Indeed, the nature of the workplace people return to might well be radically different to what previously…
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Russia May Lift Telegram Ban Due to Coronavirus Outbreak

Russian officials have proposed lifting the Telegram ban after the app’s creator Pavel Durov agreed to collaborate with the authorities on tackling coronavirus. After years of unsuccessful efforts to block Telegram in Russia, the country’s government is now considering lifting the ban due to the coronavirus outbreak. According to an April 22 report by Russian…
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Recap of Cointelegraph Talks: Greenback 2.0 — the Digital Dollar

Speakers from Binance.​US, BRD, and Vanderbilt Law have weighed in on the pros and cons of a U.S. Fed-backed digital dollar for Cointelegraph Talks. On April 21, Cointelegraph hosted its first virtual Cointelegraph Talks meetup. The event consisted of two expert panels discussing major news and developments in the crypto world today, especially in light…
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Senate Passes New $484 Billion Pandemic Aid Package

The Senate has passed a new $485 billion pandemic aid bill to help small businesses and hospitals. A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough times.  The package, which was the…
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CFTC’s First Science Contest Looks for Unregistered Foreign Offerings, Including Bitcoin Futures

U.S. CFTC launches its first science contest to find new technological tools to find unregistered derivatives offerings from foreign entities, including Bitcoin futures. A major United States financial regulator is holding its first science contest, asking devs for new tools to track foreign derivatives offerings that may be soliciting U.S. investors without proper registration. Project…
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Judge Cites Blockvest ‘Egregious Misconduct’ in Granting SEC Motion

In a judgment against assets exchange Blockvest and founder Ringgold, a California judge rules in favor of SEC’s terminating sanctions. A federal judge for the Southern District of California has argued in a recent court filing that blockchain-based assets exchange Blockvest and founder Reginald Buddy Ringgold III should lose their defense in a Securities and…
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Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims

In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier. Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In…
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