Tag: Politics

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Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation

  Russia’s staunchly crypto-skeptic Central Bank has indicated that it is prepared to soften its stance on crypto somewhat in order to allow a key piece of legislation to pass – but still favors a block on all domestic crypto-related activity…. Read More: Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation  Read…
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Central African Republic Moves Ahead With Its Crypto Hub Initiative Despite World Bank’s Concerns

  Central African Republic (CAR) President Faustin-Archange Touadéra is readying to launch a new crypto project, dubbed Sango – the first crypto initiative that is designed to strengthen the country’s image as an emerging African crypto hub.  “For us, formal economy is no longer an option,” the president said in a statement released on his…
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Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill

  Portugal’s status as a crypto tax haven remains in serious doubt – despite the defeat of two bills calling for the rollout of taxes…. Read More: Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Skeptical Twitter Users Say SBF’s Proposed USD 1B Campaign Donation Is an ‘Investment’ Strategy

  Twitter users say they believe that the FTX crypto exchange’s multi-billionaire owner Sam Bankman-Fried’s plans to spend some USD 1 billion or more to fund the US Democratic Party’s 2024 presidential election campaign is a “calculated investment.”… Read More: Skeptical Twitter Users Say SBF’s Proposed USD 1B Campaign Donation Is an ‘Investment’ Strategy  Read…
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ECB on Crypto, African Bitcoin Hub, Coinbase in Fortune 500, Binance in Dubai + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: ECB on Crypto, African Bitcoin Hub, Coinbase in Fortune 500, Binance in Dubai + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Japanese Opposition Leader Urges Crypto Tax Reform to Provide Nation with Web3 Boost

  Japan could be set to overhaul its crypto tax system – with opposition leaders joining a chorus of MPs and business leaders calling for a change in tax law to stop an “outflow” of crypto-related talent and convince Japanese crypto firms not to relocate overseas…. Read More: Japanese Opposition Leader Urges Crypto Tax Reform…
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California regulator will revisit long-running ban on crypto donations on May 19

“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga. A California state regulator may be looking at overturning a ban on cryptocurrency donations to political campaigns which has been in effect since 2018. According to its May 2022 agenda, California’s Fair Political Practices Commission,…
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Critics Say El Salvador Could Default on Conventional Debts Before it Even Issues Bitcoin Bonds

  Concerns are being voiced that El Salvador could default on bond payments, with international critics claiming that President Nayib Bukele’s “experiment” to grant bitcoin (BTC) legal currency status “has hit a wall.”… Read More: Critics Say El Salvador Could Default on Conventional Debts Before it Even Issues Bitcoin Bonds  Read more »Pay, Trade, Buy…
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Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning

  After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue warnings, with a former chief of the…
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Major Bitcoin & Crypto Companies Warn of ‘Extreme’ Risk in Proof-of-Stake Systems

  The risk of corporate capture is extreme in proof-of-stake (PoS) systems as PoS transforms novel financial systems into pure plutocracies, dozens of US-based high-profile companies warned in a letter to the US Environmental Protection Agency…. Read More: Major Bitcoin & Crypto Companies Warn of ‘Extreme’ Risk in Proof-of-Stake Systems  Read more »Pay, Trade, Buy…
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