Monday, May 20, 2024
12.7 C
London
HomePolitical Crypto

Political Crypto

Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December

Russian Prime Minister Mikhail Mishustin has told the Ministry of Finance to prepare, together with the Bank of Russia, and submit concrete proposals for the future of the digital financial asset (DFA) market in the Russian Federation by the first day of December. The head...

The Economy Secretary wants the UK to be the “preferred country” for encryption space

The Treasury official supported the Truss Government's intention to transform the UK into a "global crypto technology centre." The UK wants to "become the preferred country for those looking to create, innovate and build in encryption," according to Treasury Secretary Richard Fuller. Speaking at the first...

UK picks crypto-friendly Liz Truss as new prime minister

Liz Truss is set to become the United Kingdom’s next prime minister after winning the election to replace Boris Johnson as Conservative Party leader. It is quite possible that Ms. Truss’s response to the cost of living crisis, which she vowed to implement within days...

President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill

Paraguay's president, Mario Abdo, issued an executive veto of the recently approved cryptocurrency bill. The Abdou Revocation Decree states that cryptocurrency mining is an "energy intensive" and low value added activity. The bill will now be returned to Congress for approval again or rejected...

Coinbase, Binance, Kraken and other crypto companies should explain how to fight fraud, says US congressman

A U.S. congressman from Illinois asks prominent federal agencies and cryptocurrency exchange platforms for information on how to combat digital asset fraud. In a new press release, Rep. Raja Krishnamoorthi requested information from Coinbase, Kraken, Binance, FTX and KuCoin about what they do to protect...

Argentina’s Mendoza province begins accepting tax payments in encryption

The Argentine province of Mendoza has introduced a system that allows taxpayers to pay their taxes in full in cryptocurrencies. The system, launched this week, is part of a strategic push to update and digitize payments by the IRS in Mendoza and uses third-party...