Category: Government
-
Hive Criticizes Norwegian Government Amid Concession Cuts to Miners
Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release criticizes the government’s “unilateral” move to suspend the subsidy without consulting with representatives of…
-
Italian Government Selects 30 Representatives to Develop DLT and Crypto Policy
Italy’s Ministry of Economic Development recently published a list of the 30 individuals that the Italian government has tasked with developing the country’s regulatory strategy with regards to distributed ledger technology (DLT) and cryptocurrencies. Among the individuals are alumni of the United Nations, the European Parliament, the European Commission, and the Italian Chamber of Commerce.…
-
Following the Crypto-Anarchist Dream: 3 Reasons to Reject KYC and AML
Last year, crypto KYC and AML requirements came bursting onto the scene with thunderous applause and approbation. Many traders felt like the ICO sector was rife with scammers and con artists. In this sense, they believed there would be redemption through government. The scammers and hucksters would go to prison for defrauding investors and all…
-
Switzerland to Relax Laws to Accommodate Blockchain and Cryptocurrency Startups
The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy. Also read: How Bitcoin Companies can Legally Operate in Switzerland A Swiss Innovation Paradise According to the…
-
Report: Indian Government Panel Submits Crypto Recommendations
The Indian government panel appointed to recommend cryptocurrency measures has reportedly submitted its report to the country’s finance minister, suggesting a new legal framework for cryptocurrencies. The actual content of the report has yet to be announced publicly. Industry participants weigh in on speculation about the report’s content. Also read: Indian Supreme Court Moves Crypto Hearing,…
-
Chatter Report: Pompliano Praises Bitcoin Performance, Antonopoulos Says Death Spiral ‘Unlikely’
In today’s Chatter Report, we explore the different ways crypto influencers have been responding to the low prices of 2018. Some are unfazed like Anthony Pompliano, who still believes that bitcoin is the best performing asset. Others are reassuring like Andreas Antonopoulos, who has been busy addressing concerns about bitcoin being in a death spiral. The rest…
-
The US Government Is Powerless to Block Bitcoin Addresses
It has been widely reported this week that the U.S. government has blacklisted two BTC addresses linked to cyber crime. These particular addresses were singled out because their owners are believed to be Iranians, whose country is currently facing heavy economic sanctions from the U.S. While the BTC addresses are clearly connected to ransomware, mainstream…
-
Paraguay to Provide Land for ‘Golden Goose’ Mining Project
Paraguay’s vice president has declared support for the “Golden Goose” project, which will see South Korea’s Blockchain Technology Foundation build five mining centers on state land. The foundation also plans to conduct what it describes as an “initial exchange offering” to facilitate investor participation in the project. Also Read: Sweden Expects to Attract Norwegian Bitcoin Miners…
-
Why We Rejected an Offer from Government to Help Expand Our Company
This story about a rejected government offer was written by Tomas Forgac, friend of Bitcoin.com, early Bitcoin investor and entrepreneur, now focusing on Bitcoin Cash adoption and growth. *** An unnamed pro-crypto government recently gave Bitcoin.com an unsolicited offer to finance the expansion of operations. While we are grateful for the trust given to us and…
-
Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Supreme Court…