The Indian government still seeks to ban most cryptocurrencies under a long-awaited cryptocurrencies bill submitted for consideration at Parliament’s so-called Winter Session.While the measure appears to be essentially the same as the draft bill submitted in January, expectations had grown in recent months that the government had softened its view on crypto and would perhaps … [Read more...] about Indian Govt Submits Bill That Would Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure
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Blockchain Australia says gov’t still dismissing industry as a ‘wild west’
Blockchain Australia, an association representing the local crypto industry, has warned that the country has fallen behind on the regulatory front due to the undue persistence of a dismissive “wild west” narrative.The association has been proactive in its engagement with the state in recent months, as the government continues to review the future of blockchain and fintech and … [Read more...] about Blockchain Australia says gov’t still dismissing industry as a ‘wild west’
Jack Dorsey notes lobbying efforts to get Ethiopian gov’t to embrace Bitcoin
Twitter CEO and crypto proponent Jack Dorsey has highlighted the efforts of a lobby group pushing the Ethiopian government to embrace Bitcoin (BTC).In a Wednesday tweet, Dorsey shared a Twitter thread from Project Mano, an Ethiopian-based lobbying group that is trying to get the government to consider mining and storing Bitcoin. #bitcoin https://t.co/jQSnJr5bv8— jack (@jack) … [Read more...] about Jack Dorsey notes lobbying efforts to get Ethiopian gov’t to embrace Bitcoin
Death knell for Chinese crypto miners? Rigs on the move after gov’t crackdown
When it comes to China, few things are crystal clear, and the nation’s recent crackdown on crypto mining is no exception. The State Council’s Financial Stability and Development Committee reported on May 21 that it is curtailing Bitcoin (BTC) mining amid financial risk concerns, which prompted the South China Morning Post to proclaim that “China’s place at the centre of global … [Read more...] about Death knell for Chinese crypto miners? Rigs on the move after gov’t crackdown