Materials by tag Government

Mar 30, 2020 at 13:44
US Charges Venezuelan President with Using Cryptocurrency to Hide Illicit Drug Transactions
US authorities indicted blockchain and digital currency friendly president of Venezuela Nicolas Maduro and 14 other senior government administrators  with narco-terrorism and participating in conducting illegal dealings specifically drug trafficking using cryptocurrencies payments to  camouflage their tracks and circumvent sanctions.
Mar 28, 2020 at 09:36
A Single Republican Failed to Sabotage Coronavirus Bill Voting in the USA
Kentucky Republican Rep. Thomas Massie tried to delay the voting on COVID-19 relief bill by objecting a roll call voting that would not require the presence of all members in Washington. Eventually, he failed to do this as the quorum of the House members blocked his request.
Mar 13, 2020 at 12:20
China Adds $4.7M to Realise Blockchain Dreams
The Chinese government has poured an extra $4.7 m into the Peoples Bank of China’s ambitious Blockchain project.The Government released the money to the Central Bank to allow the Bank to complete its forthcoming blockchain-based trading and finance program, which is being established directly by the PBoC.
Mar 12, 2020 at 10:11
US Parliament Holds First Productive Blockchain Hearing
For the first time the US House of Representatives has had a very useful debate on Blockchain technology. During the recent debate lawmakers convened an educative and informative discussion on Blockchain technology without bending towards one side due to political wills.
Mar 09, 2020 at 08:23
South Korea Parliament Passes a Law to Control Cryptocurrency Use
The South Korean Parliament has at long last passed another act that will see the nation's cryptocurrency market regulated by  a legitimate administrative rule.
Feb 13, 2020 at 13:49
Bitcoin Supporting US Presidential Candidate Drops out of Race Nine Months from Polling Day
Andrew Yang, the Bitcoin supporter running for US president, dropped out of the presidential race with just nine months left until polling day. Yang who came into the limelight in 2017 after declaring his intentions to run for president is popular for supporting crypto especially bitcoin. Andrew cited small followers as the main reason for dropping out of the competitive upcoming elections.
Feb 12, 2020 at 11:03
US Government Sells Stolen Bitcoins
The American government turned against its own word and offered to auction to the public stolen bitcoins it retrieved and held in custody. Although the US is among the fast developing countries in the world and a leader of technology, the US has been slow in legalizing bitcoin usage in the economy. For this reason many innovators fell on the wrong side of the law and got their assets frozen by the government.
Feb 02, 2020 at 08:26
Central Bank Digital Currency is Almost an Oxymoron
The concept of ownership or direct management of a cryptocurrency by a central bank is, in fact, an oxymoron. In fact, cryptocurrency such as bitcoin has the characteristic of being open source, as well as being based on a network of "volunteers" that has already fully - technologically - replaced the old payment system: it is faster, more efficient and above all, it is decentralized without the need for any institution, without any state funding and no one to manage or control it.
Jan 21, 2020 at 10:03
Malaysian Government Formulates New Cryptocurrency Regulatory Framework
The Malaysian Government, under its Securities Commission, recently announced the creation of a new digital currency Regulatory Framework. The new guideline is to control transactions involving crypto currency Tokens within the country's borders.
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