Category: Government
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Reviving Tourism and User Privacy Via Blockchain-Based ID Systems
Blockchain could be key for ensuring user privacy in COVID-19 contact-tracing apps.
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China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan.
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IRS Tax Warnings on Ethereum’s Fifth Anniversary
Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now.
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Congresspeople Call on IRS to Take It Easy on Taxing Staking Rewards
Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards.
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Twitter Hack Shows That Crypto Is Easier to Investigate Than Fiat, Say Industry Law Experts
A panel of compliance experts from the crypto industry agreed that law enforcement and institutional finance have been hearing more positive narratives about crypto.
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Bitcoin Will Get Stronger After Crisis, Says US Congressman Emmer
United States Representative Tom Emmer is confident about the bright future of Bitcoin and blockchain technology.
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State-Run Bank in Switzerland to Launch Crypto Services
Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans.
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This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System
[youtube https://www.youtube.com/watch?v=7ukJiBZ8_4k&w=560&h=349] In the last few months, giant American corporations and financial incumbents that are subsidized by the U.S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken.” However, today’s system, that’s currently practiced in the U.S. and…
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Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that bitcoin mining operations have…
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Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable challenges “amid economic uncertainty.” Further, the NHB Wells Fargo…