News
Russia’s crypto OTC platform Bankoff has reportedly not only helped officials avoid sanctions but also generated some gains.
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Corruption News
Corruption is the process of using political power in order to gain personal benefit. Corruption is one of the main problems of today’s world, emerging in an absolute majority of countries and leading to hard consequences for the population. The biggest problem of it is the prevention of development caused by corruption in developing countries. The question of how to end corruption is crucially important for the future development of most nations. Solutions for corruption may be found in political, economic and technological measures. Blockchain technology may become a solution of corruption by being implemented in budget control and voting processes. Blockchain corruption-preventing measures are easier to maintain in developed countries but are possible for developing countries with the help of blockchain-based companies and support of the U.N.
- News
Ripple defense lawyer John Deaton’s CryptoLaw website has a petition app, and readers are urging Congress to look into a suspicious meeting and other supposedly questionable links.
11167 - News
As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.
4106 - Analysis
If corrupt government officials try to delete files on the blockchain, “any change will be noticed immediately by other participants.”
3063 - News
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week.
5745 - News
Retirees and veterans in El Salvador are worried that the government will start paying their pensions in Bitcoin instead of the U.S. dollar.
20978 - News
One electoral commission aspirant in Kenya said that the country should consider adopting blockchain-based voting.
2669 - News
Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime.
7370 - News
An article appearing on the World Economic Forum website has made the case for blockchain adoption to fight corruption and wastage of resources in government activities.
3370 - News
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.
18596 - News
Blockchain can reportedly return billions of dollars back to Kenya’s budget.
5871 - Opinion
Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation.
5095 - Analysis
In a world where all public records are stored on an immutable ledger, it would be difficult to be a corrupt government official.
7319 - News
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption.
4736 - News
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says.
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