The NYDFS has sent a letter to all regulated institutions engaged in crypto-related activities, asking them to submit detailed plans for weathering the coronavirus crisis. New York City’s mayor Bill de Blasio declared a state of emergency in response to the coronavirus outbreak yesterday. “The only analogy is war,” he said — and the consequences…
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Representatives from Rhode Island recently submitted a bill pushing blockchain adoption in the state. Two state representatives in Rhode Island introduced a new bill promoting blockchain and technology adoption in the state. Rhode Island representatives David Place and Blake Filippi introduced a new bill on March 11 known as the “Rhode Island Economic Growth Blockchain…
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In the coming weeks, hundreds of thousands of Australian crypto investors are set to receive a reminder of their tax obligations from the country’s authorities. In the coming weeks, hundreds of thousands of Australian crypto investors are set to receive a reminder of their tax obligations from the country’s authorities. Citing an unnamed Australian Tax…
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Following a successful rollout in the south of the country, China’s blockchain invoicing system is being introduced to the capital. Following a successful rollout in Shenzhen last year, China’s blockchain invoicing system is being introduced to the capital. On March 2, the Beijing Municipal Office of the State Administration of Taxation announced its decision to…
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Subsequently after experiencing a major outage last week, stock and cryptocurrency trading app Robinhood is down again. After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again. Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by…
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The Investigative Committee of the Republic of Belarus plans a legal initiative that would allow the authority to confiscate crypto from criminals. Amid countries increasingly auctioning Bitcoin (BTC) seized in law enforcement actions, some jurisdictions are fighting for authorization to confiscate crypto. A state authority in Belarus wants lawmakers to authorize them to seize cryptocurrencies…
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Canada’s government approves funding of two national companies to start implementing blockchain technology to trace steel. Canadian authorities have approved funding of two blockchain firms, Peer Ledger and Mavennet, to create a platform that enables steel traceability, reported Ledger Insights on March 9. The Innovation, Science, and Financial Development Canada (ISED), a government initiative in…
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Kraken is planning to strengthen its presence in India following the Supreme Court’s recent verdict opening up cryptocurrency use in the country. The U.S. based crypto exchange Kraken will start to increase its operations in the Indian market following the recent ruling of the country’s Supreme Court to lift banks’ banning to do business with…
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Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week. This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading…
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After ending his presidential bid last month, Andrew Yang wants to rewrite the rules of the economy with its new nonprofit Humanity Forward. Former presidential candidate and known cryptocurrency proponent Andrew Yang has announced a new initiative to protect privacy online. After ending his presidential bid last month, Yang has announced the creation of new…
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