Government Financial News

06.11 / 12:23

Government ETF regulation Bitcoin HK NOT China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news

The cryptocurrency community is excited about the Hong Kong government reportedly weighing the launch of a spot cryptocurrency exchange-traded fund (ETF) amid the ongoing regulatory pushback against such products in the United States.

02.11 / 21:13

Government regulation us government policies NIST establishes AI Safety Institute Consortium in response to Biden executive order

The United States National Institute of Standards and Technology (NIST) and the Department of Commerce are soliciting members for the newly-established Artificial Intelligence (AI) Safety Institute Consortium.

02.11 / 14:07

Government regulation Tokens Dubai VARA grants 'initial approval' to crypto firm WadzPay

The Dubai Virtual Assets Regulatory Authority (VARA) has issued an “Initial Approval” license to the crypto firm WadzPay, marking a pivotal step in the company’s journey toward obtaining a Virtual Asset Service Provider (VASP) license for virtual asset services and activities.

31.10 / 23:05

Government defi SEC Analysis Opinion end 3 things we might see from crypto as 2023 winds to an end

As the holiday season approaches, anticipation in the cryptocurrency world heightens for the annual phenomenon known as the "Santa rally." Amidst this festive period, market dynamics tend to shift. This season, there are several factors that could influence the last few months of the year.

30.10 / 03:09

business Government Adoption Bitcoin Elections Bukele El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.

27.10 / 23:05

Government regulation SEC LBRY Hester Peirce speaks out against LBRY enforcement action: 'The market could have decided'

Hester Peirce of the United States Securities and Exchange Commission (SEC) has issued a dissenting opinion on the regulator’s lawsuit against blockchain firm LBRY.

26.10 / 12:55

Government Blockchain NFT Society community Democracy Bitcoin Blockchain-based virtual nations: A new era of governance and inclusivity — Q&A with Jur Network and Draper Startup House

Blockchain-based virtual nations are an emerging concept in the digital realm that seeks to address various societal and governance needs like reduced bureaucracy, better legal systems, cheaper services, democratic decision-making and inclusivity. These virtual nations are decentralized, blockchain-based communities that offer several potential benefits, such as digital sovereignty, transparency, and community-driven governing.

25.10 / 20:27

Government regulation Congress US lawmakers US lawmakers discuss digital assets and the House gets a new Speaker

Members of the United States House of Representatives have chosen Mike Johnson to be the body’s next speaker — the second in line to the U.S. presidency and a very powerful figure in Congress.

25.10 / 02:11

Government regulation Congress Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report

Tom Emmer, the current majority whip and a crypto proponent, has reportedly dropped his bid to become the next speaker of the United States House of Representatives — a position second in line to the U.S. presidency.

25.10 / 02:11

Government Law defi regulation UK government Largest DeFi protocol on Solana reportedly quits UK market, citing FCA rule

Marinade Finance, the largest decentralized finance (DeFi) protocol running on the Solana blockchain, has reportedly started blocking users from the United Kingdom. Customers in the U.K. discovered the problem on Oct. 23 while trying to access Marinade’s website from local IP addresses and were met with this message:

21.10 / 06:59

Government regulation us government white house Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker

Crypto-friendly Republican Congressman Tom Emmer is pursuing a nomination to become House speaker, with the 62-year-old receiving endorsement from multiple lawmakers.

17.10 / 21:09

Government Law regulation Analysis Opinion AML UK government Europe's AML regulations come at a high cost — for your privacy and otherwise

The European Union’s financial regulatory landscape is in flux with the introduction of multiple Anti-Money Laundering (AML) directives and related laws. These regulations, although designed to protect the financial system, come at a hidden, and sometimes steep, cost to consumers and financial institutions alike. It’s imperative to understand their wider implications, and to question whether the costs — both monetary and ethical — are simply too high.

09.10 / 02:50

business Government Adoption regulation corruption Bitcoin Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO

OpenAI CEO Sam Altman has called Bitcoin (BTC) a "super logical" step on the tech tree, which is both free of government control while helping to fight corruption.

07.10 / 01:57

business Government Law Bankruptcy Sam week Sam Bankman-Fried goes on trial: A week in review

Luxury real estate, political donations, investments, and magazine covers. A year ago, that was the life of Sam Bankman-Fried, Assistant U.S. Attorney Thane Rehn remarked during the opening statements of the world's most famous crypto trial.

06.10 / 10:53

Government Stablecoin regulation Bitcoin NOT Retail stablecoin trading in Hong Kong not allowed yet, official says

As Hong Kong progresses with the adoption of cryptocurrency trading for individual investors, a local official stressed that retail stablecoin trading is not yet allowed.

04.10 / 16:36

Government Mining regulation Bitcoin Bitcoin mining restricted to legal entities in Uzbekistan — Regulators

Cryptocurrency mining in Uzbekistan faces major changes as the country’s crypto market supervisor has approved a framework for licensing crypto mining operations.

04.10 / 12:41

Government Blockchain regulation Europe European Union BIS Bitcoin BIS, EU central banks building data platform to track crypto, DeFi flows

The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin.

29.09 / 20:33

Government regulation Funding policies Industry leaders and policymakers weigh in on a potential US gov't shutdown

The United States House of Representatives has rejected a bill passed on by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with far-right lawmakers in the House — all actions suggesting that the U.S. government is heading toward at least a partial shutdown starting on Oct. 1.

29.09 / 13:11

business Government Law regulation us government Court FTX’s $3.4B crypto liquidation: What it means for crypto markets

The FTX bankruptcy lawsuit reached a key juncture in the second week of September after the United States Bankruptcy Court for the District of Delaware approved the sale of $3.4 billion worth of crypto assets.

28.09 / 22:49

Government regulation SEC Bitcoin SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise

The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown.

27.09 / 16:01

Government regulation FTX us house committee US House committee leadership threatens to subpoena SEC over FTX docs

Rep. Patrick McHenry, who chairs the United States House Financial Services Committee, has suggested that he may try to subpoena the Securities and Exchange Commission (SEC) over documents related to former FTX CEO Sam Bankman-Fried, or SBF.

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