Government News

The idea of a digital currency with no central authority is in contradiction with any of the government’s policies. It is predictable that a lot of countries would come up with some regulations and rules to control the cryptocurrencies’ flows and exchanges.
Government cryptocurrency policies are very different in each country, even varying by region. For example, “Asian Tigers” have no regulations on crypto exchanges and only slight regulations on ICOs (South Korea is the only “Tiger” where ICOs are banned), but in China both ICOs and exchanges are illegal. In Europe, most of the countries don’t have any regulations on both ICOs and exchanges, so we can say they are in so-called grey area, even though every European authority has warned their citizens about the risks of using crypto. Government crypto news indicates that even democratic government cryptocurrency laws will change in more regulated way.

Expert Take
The COVID-19 pandemic has revealed the need for sustainable digitization of the economy, and the UAE is accepting the challenge.
The United Arab Emirates’ green digitization vision
Selva Ozelli
2021-03-06T11:27:00+00:00
162
Newsletter
The final Law Decoded moves away from specific news to reflect on the biggest legal issues facing crypto.
Law Decoded: Closing remarks on the future of crypto law, March 5
Kollen Post
2021-03-05T23:07:38+00:00
29800
Opinion
GameStop brings forward the prospect of a paradigm shift that challenges existing regulations: decentralization.
GameStop tale exposes regulatory paternalism and DeFi’s true value
Sarah H. Brennan
2021-03-05T15:36:11+00:00
6162
News
The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said.
Reno to digitize Burning Man ‘Space Whale’ as NFT on Tezos blockchain
Helen Partz
2021-03-05T11:30:35+00:00
8214
News
Goldman Sachs-backed crypto custodian BitGo has acquired a New York Trust license to operate as an independent custodian in the state.
BitGo receives trust license from New York regulators
Helen Partz
2021-03-04T14:30:00+00:00
9926
News
Vietnam’s Ministry of Finance reminded the public that cryptocurrencies have no legal framework in the country.
Vietnam’s finance ministry warns about crypto trading risks
Helen Partz
2021-03-04T13:20:52+00:00
10620
News
Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe.
Kentucky bill to provide tax breaks for local crypto miners
Helen Partz
2021-03-03T12:38:10+00:00
11287
News
Regulators are taking a hard look at crypto in Turkey, but local experts welcome the oversight.
Turkish finance ministry to study cryptocurrency with local regulators
Erhan Kahraman
2021-03-02T11:46:50+00:00
15998

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