Government Financial News

17.08 / 13:51
Government Adoption regulation Web3 Banks Hong Kong’s crypto stance: Execs weigh in on Web3 in the region
The Chinese special administrative region of Hong Kong is aiming to become a leading crypto hub, as the region started to promote the development of Web3. At the same time, its securities regulator has begun to actively regulate the crypto space, awarding licenses for retail crypto trading. 
15.08 / 20:07
Government regulation SEC policies lawmakers US lawmakers FINRA Prometheum Broker US lawmakers press SEC and FINRA on Prometheum's broker-dealer approval
United States lawmakers on the House Financial Services Committee have demanded answers from the heads of the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regarding under what circumstances Prometheum obtained a special purpose broker-dealer license (SPBD).
14.08 / 15:09
Government Law Adoption regulation us government Crypto adoption crosses party lines amid Washington’s political deadlock
Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic of political divisiveness, resulting in a perception of partisanship — especially in the United States. 
09.08 / 19:47
Government Stablecoin regulation PayPal us house services committee Financial US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin
PayPal’s launch of a U.S. dollar-pegged stablecoin has prompted questions from Democratic members of the House Financial Services Committee, while Republican leadership said the coin showed the potential of regulatory clarity.
07.08 / 19:13
markets Government Federal Reserve inflation Central Bank Bitcoin Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months.
04.08 / 22:15
Government CBDC Adoption Elections NOT CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
The next president of the United States is likely to be in favor of central bank digital currency (CBDC), crypto asset manager Grayscale observed in a post on its website, as the current frontrunners in both political parties have expressed their support for it. Neither seems to like Bitcoin.
04.08 / 19:11
Government Law regulation Money laundering lawmakers US lawmakers US lawmakers urge White House to address North Korea's use of digital assets: Report
Three members of the United States Senate have reportedly sent a letter to the White House and Treasury Department in an effort to crack down on North Korea using cryptocurrency to fund its nuclear program and evade sanctions.
04.08 / 17:05
Government Adoption Europe Bitcoin Germany is dragging Europe’s economy down — and that’s great for crypto
In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economy. According to a recent headline in The Wall Street Journal, “Germany is dragging down Europe’s economy.“ The article explains how the country heavily depends on manufacturing, which has been hurt as foreign governments rush to protect domestic industries.
03.08 / 07:55
Government regulation Trading retail Bitcoin HashKey Hong Kong debuts retail crypto trading with HashKey exchange
Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.
02.08 / 17:05
Government regulation Taxes reports Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more than $81 million to the national budget in the last decade.
02.08 / 13:55
business Government identity Worldcoin businesses Worldcoin to allow government and businesses to use ID system: Report
Worldcoin plans to expand its operations to allow governments and businesses to utilize its iris-scanning and identity-verifying technology in an effort to sign up more users, according to a Reuters report.
02.08 / 08:39
Government regulation Altcoin Africa Worldcoin Worldcoin cryptocurrency project suspended in Kenya
The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity associated with it.
01.08 / 13:19
Government regulation transactions Central Bank Bitcoin businesses Ukraine demands local crypto businesses provide financials
The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information. 
31.07 / 21:27
Government regulation Elections end Republican candidate wants to end President Biden's supposed 'war on Bitcoin' if elected
Florida Governor Ron DeSantis pushed a platform based partly on “economic independence" in his 2024 presidential campaign, specifically calling out policy on digital currencies. 
28.07 / 11:17
Government regulation us government National Mixers Crypto mixers US Senate approves national defense bill that also targets crypto mixers
The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on the evening of July 27. The bill includes a provision that targets crypto mixers, anonymity-enhancing coins and institutions that are engaging in crypto trading. 
28.07 / 11:17
Government Mining regulation Bitcoin Hydropowered crypto mining gets nod from Kyrgyz president: Report
The Kyrgyz Republic, a central Asian state bordering China, is reportedly growing its cryptocurrency mining powers with support of the local government.
27.07 / 12:09
Government Blockchain regulation Tokens Hong Kong and Saudi Arabia collaborate on tokens and payments
Hong Kong is expanding its financial collaboration with the Kingdom of Saudi Arabia, targeting agreements related to tokenization and payments infrastructure.
26.07 / 16:41
Government Law regulation Congress lawmakers US lawmakers US lawmakers invoke FTX and spar on direction of crypto bills
Members of the United States House Financial Services Committee seem to be divided on the best legislative path forward dealing with regulatory clarity for crypto and blockchain technology.
26.07 / 04:27
business Government Adoption regulation Central Bank Namibia signs crypto exchange regulation bill into law
The Namibian Government officially signed a law to regulate Virtual Asset Service Providers operating in the country last week, reversing its original 2017 decision to ban cryptocurrency exchanges.
24.07 / 17:15
Government Ripple regulation SEC coinbase lawmakers crypto ETFs Ripple ruling and crypto ETFs 'drove a lot of urgency' among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong has reportedly said United States lawmakers have a renewed focus on regulatory clarity in the crypto space following talks with key officials.
24.07 / 13:57
business Government Blockchain Ripple XRP SEC crypto law XRP court ruling marks milestone, but new crypto law could take years
The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem. 

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