The Indian government is considering a bitcoin transaction tax that would add $1 billion in revenue a year, a move some industry participants said is a sign of the…
Tag: government
The SEC Is Looking to Engage in Legal Action Against Ripple | Live Bitcoin News
The fight between Ripple and the Securities and Exchange Commission (SEC) just got a lot dirtier. The government agency plans to sue the cryptocurrency company for selling unregistered securities….
US Taps Circle’s USDC for ‘Foreign Policy’ Goals in Venezuela – CoinDesk
Payments startup Circle is getting political. The stablecoin issuer is working with the U.S. government to bypass Nicolás Maduro and support the Bolivarian Republic of Venezuela led by Juan…
Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill – CoinDesk
The Russian government wants to know what the country’s data centers are up to, and that includes cryptocurrency mining farms. The Ministry of Digital Development, Communications and Mass Media…
Why the $2 Trillion US Stimulus Will Expose the Monetary System’s Flaws
As the crypto community digests a new wave of government intervention and stimulus, Michael Casey and Noelle Acheson join for a discussion. CoinDesk Chief Content Officer Michael Casey and…
US Financial Regulators Join UK FCA’s ‘Global Sandbox’ – CoinDesk
Four U.S. regulators joined the Global Financial Innovation Network, an international alliance of government regulators led by the UK’s Financial Conduct Authority seeking to bolster the future of fintech….
Russia to Ban Facebook if US Blocks Libra Cryptocurrency
A Russian government official says the nation will ban Facebook if the US decides to block the company’s Libra cryptocurrency. Putin Aide: Ask US About Libra Speaking to reporters…
Germany Passes National Policy to Explore Blockchain But Limit Stablecoins – CoinDesk
Germany’s government has passed a new strategy outlining the ways the leading EU state is planning to use blockchains. Approved by Chancellor Angela Merkel’s cabinet on Wednesday, the strategy…
US Government Vague On Bitcoin Role In Fentanyl Drug ‘Epidemic’
The US government has singled out cryptocurrencies including Bitcoin as a funding mechanism for the ongoing trend for smuggling the drug fentanyl. FinCEN Advisory Mentions Cryptocurrencies In an advisory…
Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory Scrutiny
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is…