Government

Venezuelans Tend to Trust in Bitcoin More than in Bolivar or Petro
Dec 17, 2020 at 10:10
News
Venezuelans Tend to Trust in Bitcoin More than in Bolivar or Petro
Venezuela is amidst one of the toughest economic recessions in the country’s history. To reinforce their standing, its citizens turn to Bitcoin. The flagship cryptocurrency tends to be more stable than the Bolivar, or the Petro, an oil-backed crypto issued by the Venezuelan government.
Venezuela Applies Cryptocurrency-Based Solutions to Bypass Sanctions
Dec 14, 2020 at 10:06
News
Venezuela Applies Cryptocurrency-Based Solutions to Bypass Sanctions
Venezuela faces lots of issues due to the sanctions imposed by the United States of America against the authoritarian regime of President Nicolas Maduro. Therefore, its citizens face the need for tools and ways that would allow them to circumvent the economic crisis in the country.
Binance Uganda Notifies Users of New Closure Date
Dec 04, 2020 at 13:02
News
Binance Uganda Notifies Users of New Closure Date
Binance Uganda, an arm of the greater Binance Global has notified all its Ugandan clients on the new date of closure, which is now set for December 15. A Binance user from Uganda, Joel Odota, notified CoinIdol, a world blockchain news outlet, that he received a notification email from the company.
South Korea Supports Cryptocurrency Business by Postponing Tax Increase
Dec 01, 2020 at 13:59
News
South Korea Supports Cryptocurrency Business by Postponing Tax Increase
South Korea is known for its friendly stance on innovations including cryptocurrency. The country has even announced plans for releasing their own CDBC dubbed the digital won. However, they also show support to businesses dealing with other digital currencies.
Ukraine Is Going to Launch an Educational TV Series on Blockchain and Cryptocurrency
Nov 28, 2020 at 13:07
News
Ukraine Is Going to Launch an Educational TV Series on Blockchain and Cryptocurrency
The Ukrainian government is making efforts to spread awareness about blockchain, bitcoin and cryptocurrency among common folks. The Ministry of Digital Transformation announced an online briefing on launching a blockchain and cryptocurrency TV series.
North Korean Hackers Pose a Threat to South Korean Cryptocurrency Exchanges, but the Government Does Not Care
Oct 27, 2020 at 10:10
News
North Korean Hackers Pose a Threat to South Korean Cryptocurrency Exchanges, but the Government Does Not Care
The Political Affairs Committee of South Korea’s National Assembly has informed the Financial Services Commission (FSC) on numerous attempts of hackers to break into the country’s financial institutions. Cryptocurrency exchanges became the main target.
McDonald’s and Starbucks did not Partner with the Chinese Government to Test Digital Yuan
Oct 17, 2020 at 11:23
News
McDonald’s and Starbucks did not Partner with the Chinese Government to Test Digital Yuan
Global fast-food giants McDonald’s and Starbucks have never been included into the trials of digital yuan. None of the brands confirmed its participation in the testing program.
Central Bank Digital Currency: The Good, the Bad, and the Ugly
Oct 13, 2020 at 13:55
News
Central Bank Digital Currency: The Good, the Bad, and the Ugly
Several countries, including the US and China, are working on their own digital currencies (Central Bank Digital Currency or CBDC). Is this about giving people more freedom over the payments or control over the financial flow? What is in it for the government and its citizens?
The End to Anonymity: Cryptocurrency Exchanges Disclose Customer Data to the Authorities
Oct 03, 2020 at 12:12
News
The End to Anonymity: Cryptocurrency Exchanges Disclose Customer Data to the Authorities
Cryptocurrency industry becomes less decentralized and anonymous and more regulated and controlled. Government authorities require crypto exchanges to disclose transaction data of their customers. And the exchanges seem to be quite collaborative in these terms.
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