Government Financial News

26.02 / 20:21

Government Blockchain Technology Bitcoin Crypto Crime Blockchain forensics is the trusted informant in crypto crime scene investigation

The seizure by the U.S. Department of Justice of $3.6 billion worth of Bitcoin (BTC) lost during the 2016 hack of Bitfinex’s cryptocurrency exchange has all the ingredients of a Hollywood film — eye-popping sums, colorful protagonists and crypto cloak-and-dagger — so much so that Netflix has already commissioned a docuseries.

25.02 / 17:58

Government Law Stablecoin Adoption Wyoming’s state stablecoin: Another brick in the wall?

For a state with a small-town feel, Wyoming moves with big-city alacrity when it comes to things crypto. According to the bipartisan bill introduced into its legislature last week, a Wyoming stablecoin could debut before the end of 2022. The announcement caught even Wyoming banker and cryptocurrency champion Caitlin Long by surprise.

25.02 / 03:13

Government defi regulation lawmakers A project to fund effective policy advocacy and educate lawmakers about the positive potential of Web 3.0

While many marvel at the growth cryptocurrency and Web 3.0 communities are experiencing, they fail to consider the opposing side of the coin (or, dare one say, token). Traditionally, new technologies have continued to follow a cycle in which they rise to the world's attention and its legislators, only to have bad actors abuse their power and consequently have the need for reform arise. Although oversight has proven to offer many benefits, such as instilling confidence in institutional investors, the opposite can be true if the right voices aren't being represented.

25.02 / 01:23

Government Crypto could bypass President Biden's 'devastating' sanctions on Russian banks and elites: Report

The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off from payments on the SWIFT system or cryptocurrency transfers.

25.02 / 01:05

Government IRS Bitcoin New crypto tax solution is making accurate calculations quick and easy

Organizing taxes has always proved a difficult process for companies and individuals during the yearly tax season. With crypto, this process becomes even more complicated.

24.02 / 16:55

Government Law Dubai The crypto oasis: How the UAE became the Middle East’s digital asset champion

The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by the end of the first quarter of 2022. The move is expected to become part of a complex regulatory framework that the Middle Eastern nation is looking to establish on its way to becoming one of the world’s most crypto-friendly jurisdictions. What could this trajectory look like for the UAE?

24.02 / 16:07

Government Adoption Bitcoin BTC Mining Tonga's timeline for Bitcoin as legal tender and BTC mining with volcanoes

Lord Fusitu’a, a former member of the Tongan Parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan nobleman, Fusitu’a had previously disclosed the four-step plan, a copy of the Salvadoran Bitcoin playbook.

23.02 / 17:17

Government Law AML Crypto-asset Uphold becomes registered crypto-asset firm in UK post-FCA approval

A European subsidiary of United States-based crypto trading platform Uphold has received approval from the United Kingdom's Financial Conduct Authority (FCA).

22.02 / 12:23

Government Blockchain Bitcoin crypto trading platforms Japan Exchange Group alerts against imposter crypto trading platforms

Japan Exchange Group (JPX), the Tokyo Stock Exchange and Osaka Exchange owner, warned the public against companies that are misleading Japanese investors by selling crypto assets under the JPX brand.

22.02 / 01:45

Government SEC censorship Congress Law Decoded: Bitcoin’s censorship resistance capacity enters the spotlight, Feb. 14–21

Amid the barrage of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, the storyline that was arguably the most consequential for the mainstream narrative on the social effects of crypto has been the one around the Canadian government’s standoff with the Freedom Convoy. The government’s invocation of emergency powers to put down a protest movement — combined with the movement’s financial infrastructure being one of the main attack vectors — has led many observers to appreciate with renewed vigor Bitcoin’s capacity to resist state financial censorship.

21.02 / 20:15

Government Law California lawmaker services CA lawmaker introduces legislation to accept crypto as payment for govt services

California State Senator Sydney Kamlager, representing the 30th Senate District including parts of downtown Los Angeles, has introduced a bill which would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments.

21.02 / 19:39

Government Law Central Bank Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections

Russia’s Ministry of Finance has upped the stakes in its drawn-out showdown against the country’s Central Bank by formally introducing a bill that proposes to regulate digital assets rather than banning them.

21.02 / 02:23

Government Ethereum Bitcoin Future Future of finance: US banks partner with crypto custodians

Grayscale Investments’ latestreport “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.”

20.02 / 08:15

Government Blockchain AML Want to weed out ransomware? Regulate crypto exchanges

Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report, with other researchers confirming the proliferation of this mode of extortion. Mimicking the prevalent business model of the legitimate tech world, ransomware-as-a-service portals popped up in the darker corners of the web, institutionalizing the shadow industry and slashing the skill ceiling for wannabe-criminals. The trend should be ringing a warning bell through the crypto ecosystem, particularly since ransomware attackers do have a knack for payments in crypto.

20.02 / 05:25

Government Blockchain Adoption Bitcoin Web3 might be crypto’s key to the mainstream market

2021 has been a significant year for crypto with no fungible token (NFT) being awarded word of the year, decentralized finance (DeFi) trending in the mainstream media and crypto companies making headlines for a variety of announcements. This is, no doubt, in part due to the effects that COVID-19 has had on the economy, with many looking for new ways to diversify their finances and a move to working from home giving people the free time to research new interests. And, many chose to get involved in crypto.

19.02 / 23:33

business Government Ethereum Bitcoin Crypto miners Mining worldwide: Where should crypto miners go in a changing landscape?

One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September.

19.02 / 22:13

Government Law Central Bank Clarity pushed back: Russian government fails to forge a consolidated stance on crypto regulation

On Feb. 18, the Russian Ministry of Finance kicked off public consultations on the rules of cryptocurrency issuance and transactions. While a welcome development, it is less than the country’s crypto space had expected to get. Earlier in the week, the government announced that by Feb. 18, a bill containing the finance ministry and central bank’s consolidated position on crypto regulation would be drafted. Updated estimates suggest that it will take at least another month for draft legislation to see the light. The main reason for the delay appears to be the central bank’s renewed resistance, which just several days ago seemed to have been overcome. Here is a roundup of the latest twists in this rocky ride.

19.02 / 01:39

Government Bitcoin lawmakers Crypto miners Georgia lawmakers consider giving crypto miners tax exemptions in new bill

Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.

18.02 / 20:37

Government Ethereum Bitcoin Power $53 million raised for Assange showed the power of DAOs

“DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support of Wikileak's founder, Julian Assange.

18.02 / 19:51

Government Adoption Bitcoin Bitcoin at the barricades: Ottawa, Ukraine and beyond

Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.

18.02 / 14:19

Government Law Bitcoin Crypto bill incoming: Russia’s finance ministry kicks off public comment period

The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal.

what you should know about Government

What is Government and why is it gaining attention?

Government is a trending topic that draws public attention. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Government?

All latest articles about Government can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on Government?

We use verified data to ensure that the information about Government is well-supported and informative for our readers.