Government Financial News

16.12 / 19:33
business Government Central Bank reports Kazakhstan's central bank reports results on CBDC pilot project
Kazakhstan, the country behind one of the largest sources of Bitcoin mining hash power, has released the results of a pilot program for its digital tenge. 
16.12 / 03:21
Government Law regulation Mark Warner Senators Broker Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
A bipartisan group of U.S. senators have called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law by President Joe Biden around the tax reporting requirements on crypto.
16.12 / 00:33
Government Stablecoin Federal Reserve financial stability Financial Fed chair Jerome Powell says he isn't concerned about crypto disrupting financial stability in the US
United States Federal Reserve chair Jerome Powell hinted that though the government agency should consider monitoring developments in the crypto space, he didn’t see cryptocurrencies as a financial stability concern for U.S. markets.
15.12 / 15:01
Government Technology Health Tesla MPs Embattled Boris Johnson faces MPs after Tory revolt against COVID-19 measures
Boris Johnson faces MPs on Wednesday just hours after nearly 100 of his own party revolted against his move to introduce COVID-19 "vaccine passports" in the UK.
15.12 / 00:38
Government Stablecoin Congress hearing Opinions Witnesses offer differing opinions on approach to stablecoins at congressional hearing
The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear regulatory framework but could not seem to agree on where lines would be drawn.
14.12 / 21:17
Government Stablecoin Congress 'DeFi is the most dangerous part of the crypto world,' says Senator Elizabeth Warren
Massachusetts Senator Elizabeth Warren did not hold back in her criticism of decentralized finance, expressing concern about how a run on stablecoins would affect the average investor.
14.12 / 18:14
Government Blockchain Tokens Internet Platform leverages blockchain to solve digital divide in Africa
Nearly half of the world's population has no broadband internet access. The sad reality is most of this population is located in Africa.
14.12 / 17:41
business Government Banks Ukrainian bank uses Stellar to launch electronic hryvnia pilot
Tascombank, one of the oldest commercial banks in Ukraine, is launching a Stellar-based pilot for Ukraine’s national fiat currency, the hryvnia.
12.12 / 00:25
Government Blockchain Bitcoin compliance From NFTs to CBDCs, crypto must tackle compliance before regulators do
Each year that we get a little further away from Satoshi Nakomoto’s whitepaper, crypto becomes more popular than ever, breaking more barriers — not just in sheer enthusiasm, but in mainstream acceptance. From nonfungible tokens (NFTs) to the Metaverse, 2021 was the year of crypto, even following a decade where just about every other year could make the same claim.
11.12 / 08:07
Government Bitcoin Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) payout in Bitcoin (BTC) just a month after he started receiving salary in BTC. 
10.12 / 19:45
Government ETF Bitcoin Crypto Investment Products Point of no return? Crypto investment products could be key to mass adoption
The first Bitcoin (BTC) futures exchange-traded fund (ETF) was launched in the United States back on October 19, 2021. Since then, a number of other cryptocurrency investment products have been launched in various markets.
10.12 / 16:53
Government Law Bitcoin recovery inflation data Crypto market eyes recovery ahead of key US inflation data release
Growing inflation has become a mounting concern for nations around the world, especially the United States. 
09.12 / 19:22
Government Congress Bitcoin lawmaker US lawmaker purchases exposure to Bitcoin through Grayscale shares
Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.
09.12 / 16:21
Government Adoption advertisement UK politicians say cryptocurrency is ‘not an investment’
Members of Parliament (MPs) in the United Kingdom have called upon the Financial Conduct Authority (FCA) to limit the use of the word “invest” and “investment” by cryptocurrency firms for promotional purposes.
09.12 / 15:29
Government Adoption Bitcoin Kazakhstan to decide whether to launch CBDC by late 2022
Kazakhstan, one of the world’s largest countries in terms of Bitcoin (BTC) mining hash power, is continuing to explore a potential central bank digital currency (CBDC).
09.12 / 12:09
Government Blockchain Law Bitcoin Puerto Rico wants to combat corruption with blockchain technology
Following another corruption scandal, the government of Puerto Rico is reportedly seeking to improve its anti-corruption efforts by adopting blockchain technology.
08.12 / 23:37
Government ETF SEC Congress crypto ETFs US is 'unquestionably' behind the curve on crypto ETFs, says Brian Brooks
Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks has hinted the regulatory environment in the United States could drive many crypto firms outside the country, and has already stymied companies attempting to offer a variety of financial products.
08.12 / 23:27
Facebook Government regulation hearing Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem
Blaine Luetkemeyer, a House representative from Missouri, revisited the issue of major companies exerting control over vast swaths of the internet, something he expressed concerns about encroaching in the crypto space.
08.12 / 18:57
Government regulation Congress hearing regulatory Crypto CEOs request Congress provide regulatory clarity at hearing on digital assets
The House Committee on Financial Services heard from several chief executive officers at major crypto firms in the United States, some of whom seemed to present a united front in urging lawmakers to provide a clear regulatory framework for crypto.
08.12 / 07:19
Government Blockchain Senate Australian Australian government gives nod to 6 world leading crypto reforms
The Australian government is seriously consider the rollout of central bank digital currency (CBDC) and has backed numerous forward-looking regulatory crypto-proposals as part of a new “payments and crypto reform plan.”
08.12 / 01:24
Government regulation CIA Agency CIA director says agency currently has 'a number of different projects' focused on crypto
Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering intelligence on cryptocurrency.

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