Administration

Far back in October last year,  a large number of anti-bitcoin strong statements were made by the Donald Trump Administration, that alluded the U.S. President could go forward to put a ban on cryptocurrencies such as Bitcoin, Ethereum before his term of office ends. As per now almost completing 2018 and still have no official word from the President concerning cryptocurrency, we should begin to question why there is no ban has been set.

According to a statement published by the Office of the State Administration of Taxation, the Shenzhen Municipal decided to partner with Tencent Holdings, a Chinese technological company, in order to prevent tax forgeries and scams with the help of the latest fintech trend called blockchain technology.

The National Aeronautics and Space Administration (NASA) in collaboration with the research University of Akron (UA) in Ohio, USA, just commenced a new research program that will investigate practical applications of Ethereum-based blockchain technology for space communication and navigation.

The Ministry of Communications and Mass Media of Russia expects that Blockchain technology and distributed ledger technologies will be legalized and regulatory accepted in 2019.

The New US administration under Donald Trump has raised the Border security at customs points when entering the US. Customs agents are searching mobile phones and other electronic devices using a complex algorithm to establish what Bitcoin or any other security info may be contained on the gadget.

Dmitry Medvedev, Prime Minister of Russia, who is also an ex-president of the Russian Federation, instructed authorities to adopt Blockchain technology in the Russian economy.

Bipart, a Belarusian Institute for reform and transformation of public administration, and SIMPA, a center for Research on Public Administration, have recently published a report describing the possibility of using Blockchain technology in the electronic governance of the Republic of Belarus.