UK economic secretary commits to make country a crypto hub under new PM
“We want to become the country of choice for those looking to create, innovate and build in the crypto space," said MP Richard Fuller.
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Republican lawmakers call for answers on digital dollar from Fed vice chair
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress.
SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’
“I look forward to working with crypto projects and intermediaries looking to come into compliance with the laws,” said Gary Gensler.
Cato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home.
New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021.
Russian gov’t working on stablecoin settlement platform between friendly nations: State media
“Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved," said Alexey Moiseev.
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
The public has been provided with 25 days to share their opinion on the proposed legislation.
Liz Truss, who said UK ‘should welcome cryptocurrencies’ will be the next prime minister
Winning the election to be Conservative Party leader with 57.4% of the vote from members compared to Rishi Sunak’s 42.6%, Liz Truss will be the next U.K. prime minister.
Can the government track Bitcoin?
The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes.
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto…
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