The Russian central bank is planning to slow down payments to crypto exchanges and combat suspicious crypto activity.
Led by people in various positions of power, governments create and enforce different laws and guidelines. Governments across the world vary significantly in terms of approach, procedures, laws, etc. Government news today often becomes public online — different in form from the newsstands of yesterday.
Government cryptocurrency overwatch has increased over the years since Bitcoin’s launch in 2009. The U.S. government, in particular, has enforced a number of regulations in the crypto industry. Other governments have also taken various steps toward regulating the digital asset space. Additionally, talk of government-backed cryptocurrency, called central bank digital currency, or CBDC, has surfaced among government world news.
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren.8776
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote.3285
El Salvador’s state Bitcoin wallet has continued facing major issues one week after its official rollout.8856
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.12221
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once.5145
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading.15041
Some are resisting El Salvador’s move to make Bitcoin a legal tender, sighting lack of education and volatility of BTC.29466
The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT.5254
Texas aims to catch up with other crypto-friendly states and then some, but commentators say that amending a state constitution won’t happen immediately.23874
CrossTower is betting on the growing crypto market in India despite uncertainty over the legal status of Bitcoin in the country.3482
Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services.3167
Speaking on a panel as part of the Senate inquiry into “Australia as a Technology and Financial Centre,” three crypto firms outlined their de-banking experience in Australia.5533
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes.20704
Afterpay told the Australian Senate that using crypto could cut payments costs for merchants and that the government should work to create a framework for an AUD-backed stablecoin.6742