government

Israeli banks shouldn't deny services to crypto firms

Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General

Israeli banks shouldn’t deny services to firms involved with cryptocurrencies, according to Israel’s attorney general Avichai Mandelblit. Instead of halting financial services for all crypto firms, banks should closely examine each case for indicators of money laundering risks or other illicit financial practices, Mandelblit told the Tel Aviv District Court. Mandelblit’s stance purportedly opposed to […]

brazilian cryptocurrency exchanges hits hard with crypto tax regulations

Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations

Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year. And, February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based in the South American nation have been shut down following threats of […]

crypto regulation in Italy

Italy’s Regulator Shuts Down 8 Crypto Trading & Foreign Exchange Sites

Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnate’s Feb 10 report, the Commissione Nazionale per le Societa e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on France (TUF) for providing illegal […]

japanese official calls for urgent development of digital yen

Japanese Official Calls for Urgent Development of Digital Yen

Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo Yamamoto, said that the country should create a digital yen in two-to-three years. As per the report by Reuters, Yamamoto said Japan should plan for […]

NITI Aayog release national blockchain strategy for India

NITI Aayog Releases Indian National Blockchain Strategy

NITI Aayog – the policy think tank of the Indian Govt. – releases its national blockchain policy draft paper “Blockchain: The India Strategy“. It explains different use cases of blockchain in India along with some conclusions from ongoing pilot projects. The Govt of India establishes NITI Aayog with the aim to achieve sustainable development goals. […]

zermatt now allows users to pay taxes using bitcoin

Swiss Zermatt Municipality Accepts Bitcoin for Tax Payments

Bitcoin for tax payments is getting widely popular. Recently, the Swiss Municipality of Zermatt and Bitcoin Suisse partners. The joint venture aims to allow residents of Zermatt to pay their taxes with Bitcoin. This makes Zermatt the third municipality in Switzerland to accept crypto for tax payments. In addition, municipalities of Zug and Chiasso also […]

crypto and blockchain solutions for public services

Turkish City Developing Crypto and Blockchain Solutions for Public Services

Turkish city, Konya, is developing crypto and blockchain solutions for its public services. Konya, the city of the world-famous poet Rumi, might not come to mind when talking about technology. Especially when talking about blockchain and cryptocurrencies. Konya is known for its rich history, gorgeous mosques, and historical sites. But that hasn’t stopped the Anatolian […]