News
The growing sophistication of the mass surveillance state has created the need for new tools to obfuscate identity and restore anonymity.
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Government News
Led by people in various positions of power, governments create and enforce different laws and guidelines. Governments worldwide vary significantly in approach, procedures, laws, etc. With the advent of the internet and social media, government news is now readily accessible to the public online.
Government cryptocurrency overwatch has increased in the years since Bitcoin’s launch in 2009. The European Union has taken a ground-breaking step by enacting regulations requiring crypto service providers to spot and suppress illegal cryptocurrency activity. Similarly, the Canadian government has established itself as a proactive regulator by authorizing the nation’s first Bitcoin exchange-traded fund (ETF).
In contrast to Singapore’s policy of not taxing long-term capital gains, Japan has taken a progressive stance by recognizing cryptocurrencies as legal property under the Payment Services Act. However, China is a leader in developing its government-backed digital currency, the digital yuan (e-CNY), with numerous pilot projects underway. China has outlawed cryptocurrency exchanges, citing unlawful public financing.
Additionally, government news also throws some light on major economies like the EU, the United Kingdom and the United States that are actively developing and exploring their own central bank digital currency (CBDC) initiatives, while nations like the Bahamas and Nigeria have already implemented CBDCs.
- News
After passing the GENIUS stablecoin bill, Republican leadership on the Senate Banking Committee has turned its sights to digital asset market structure.
8233 - News
The reported business deal would make the “Web3-native fund” one of World Liberty Financial's biggest tokenholders, with more than Tron founder Justin Sun.
3064 - News
Only five US senators out of the 11 typically on the digital assets subcommittee were available to ask questions about a potential market structure bill.
6507 - News
Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York governor, as voters in the Democratic primary prepare to choose their candidate for the November election.
5238 - News
A temporary ban could be imposed as early as autumn based on an investigation into crypto miners’ energy consumption.
4627 - News
The brother of former FTX CEO Sam Bankman-Fried once plotted to buy Nauru and build a doomsday bunker using funds from the now-defunct crypto exchange.
3392 - News
Justice Department officials did not go into great detail regarding the investment scam, but said that more than 400 suspected victims had lost millions of dollars.
2916 - Analysis
New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?
2320 - News
The former global head of institutional markets for Blockchain.com and a partner at a Washington, DC-based law firm will be the latest additions to SEC staff.
8073 - News
Czech Justice Minister Pavel Blazek resigned last month after the Justice Ministry auctioned off nearly 500 Bitcoin it received from a convicted online drug trafficker.
8220 - News
Connecticut has joined the growing number of US states rejecting the notion of a state Bitcoin reserve, prohibiting government entities from making crypto investments and payments.
2702 - News
Although the bill would allow the National Bank of Ukraine to acquire crypto assets like Bitcoin as part of state reserves, it would not require the bank to do so.
5506 - Opinion
Kenya’s proposed 1.5% crypto transaction tax could disrupt Africa’s digital integration. As Kenya advances a 1.5% tax on every crypto transaction, the nation risks undermining its fintech leadership, driving startups and talent abroad.
1434 - News
Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.
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