Materials by tag Politics

Nov 23, 2019 at 11:12
Venezuela Plans to Use Oil Available in Tanks to Back Petro Cryptocurrency
On Wednesday, President of Venezuela Nicolas Maduro revealed that 30 million barrels worth of oil placed in storage tanks is going to work as the backing for the OPEC nation’s government-owned digital asset known as Petro, that has been going through tougher times including being sanctioned by the U.S government under the leadership of President Donald Trump.
Nov 07, 2019 at 08:35
UK’s Tax Authority Rejects Recognizing Bitcoin as Money
The emergence of new forms of money, including bitcoin and other digital currencies, has been embraced by various groups of people, businesses and governments across the world and this has triggered global financial regulatory watchdogs to start formulating and amending their rules and regulations concerning cryptocurrencies.
Oct 28, 2019 at 14:10
G7 Leaders Want to Learn More About Bitcoin
Leaders from the seven most powerful world economies want to fully explore Bitcoin to its maximum potential. The G7 recently released a report on cryptocurrency investigating the effects of global stable coins. The G7 which includes the US, UK, Germany, Italy, Japan, France, and Canada also has leading hubs for cryptocurrency and blockchain projects.
Apr 06, 2019 at 14:13
U.S SEC’s FinHub Published Framework for Crypto Assets
The U.S Securities and Exchange Commission (SEC) released a “Framework for ‘Investment Contract’ Analysis of Digital Assets” on Wednesday April 3 to enable all market entities to determine whether or not a crypto (digital asset) is considered an investment contract, and if so, a security.
Mar 12, 2019 at 12:44
Cryptocurrency Exchange in Brazil Gets $350,000 from Santander in Court Order
A court of justice in Rio de Janeiro, Brazil, has ruled in favor of a local cryptocurrency exchange Mercado Bitcoin in a legal case over the termination of one of its bank accounts - by Banco Santander - due to “incompatible activities with the policy,” and even went ahead to freeze its funds. The judicial position muffled an appeal that was officially filed by Banco Sicoob against a particular decision made by the Barra da Tijuca district court that gave the crypto exchange the right to keep its account operational, CriptomoedasFacil reports.
Mar 08, 2019 at 15:41
Italy Continues to Work on Task Force of Blockchain Experts
Blockchain has caught a great piece of attention of social media and, thus, the governmental institutions. The task force, aimed at development of the national blockchain strategy, was created in Italy. The group of experts has already held a number of fruitful meetings.
Feb 06, 2019 at 13:36
Italian Minister Shares 2019 Expectations for Innovative Startups
Innovative startups are growing in number – there are now more than 10,000, and they employ over 54,000 people. Minister Luigi Di Maio is optimistic that in 2019 more momentum will be added in startup venture capital markets in order to compete successfully with other main competitors in Europe, as StartupItalia reports.
Feb 05, 2019 at 11:28
Indian Government is in Fear of Cryptos Sweeping Out Rupee Fiat Currency
The risks associated with digital currencies such as Bitcoin (BTC) are very clear. The dark side of the cryptocurrency revolution includes terrorism financing, money laundering, drug dealing, sex, violence, gambling and more. But a prominent panel tasked with drafting rules for the crypto industry in India is now haunted by its impact on a less-tapped field.
Dec 23, 2018 at 10:00
Innovative Space: U.S Lawmakers File a Bill Seeking to Exempt Crypto Assets from Securities Laws
Two Congress members of the U.S. House of Representatives are now looking for ways of exempting cryptos and other digital assets from the federal standard securities laws. A bill was tabled before Congress on December 20, 2018.
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