Tag: Government

A New Bitcoin World

China Takes Another Step Away From USD Hegemony

China Takes Another Step Away From USD HegemonyThe China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation […]

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January 1, 2020 0

Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto

Bitcoin ATM in Miami Airport Raises Questions About Traveling With CryptoMiami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about the benefits and legality of traveling with crypto in lieu of […]

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October 17, 2019 0

Paypal Exits Libra – Mastercard and Visa May Follow

Paypal Exits Libra; Mastercard and Visa May FollowFacebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra representative Dante Disparte has indirectly criticized the move, noting the required “boldness and fortitude to […]

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October 6, 2019 0

Bitcoin and Voluntaryism – Where Libertarian Philosophy Meets Crypto

Bitcoin and Voluntaryism - Where Libertarian Philosophy Meets CryptoFor the uninitiated, voluntaryism is a philosophy based on consent. In the simplest terms it says: “If it’s not voluntary, it’s not moral.” This basic statement is often countered with “Yes, but not everyone agrees on that, some people use violence to get what they want.” This is 100% true. And this is why voluntaryists […]

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July 18, 2019 0

Venezuelan Government Launches Crypto Remittance Service

Venezuelan Government Launches Cryptocurrency Remittance ServiceThe government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched by the Superintendency of Cryptoassets and Related Activities, the country’s main crypto regulator, which has also set a monthly limit and a commission per transaction. Also read: SEC Chair Explains Key […]

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March 4, 2019 0

Beyond Government: Embracing Self-Governance and Rejecting Mainstream Erotica

Beyond Government: Embracing Self-Governance and Rejecting Mainstream EroticaThere are many new entrants in the crypto ecosystem yearning for regulations and praising government. More folks with these notions emerge regularly. They believe regulatory oversight is necessary to provide crypto with a sense of “respectability.” Also read: Latest Release of Badger Wallet Supports SLP and Wormhole Tokens For these individuals, political involvement in crypto is […]

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November 9, 2018 0

Venezuela Begins Public Sale of National Cryptocurrency Petro

The Venezuelan government has opened up an exchange desk for the country’s national cryptocurrency at the headquarters of the Superintendency of Cryptoassets. According to the government, investors can now purchase the petro with a number of fiat currencies and cryptocurrencies. Delegates from China have reportedly purchased some with yuan. Also read: Yahoo! Japan Confirms Entrance Into […]

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October 31, 2018 0

Sberbank CEO Sees Huge Potential for Cryptocurrency

Former Russian Economics Minister Sees "Huge" Potential for CryptoHerman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. Despite his longer-term outlook, Gref also expressed his belief that cryptocurrency and distributed ledger technology still needs up to […]

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October 23, 2018 0

Venezuela Orders Government Services to Accept Any Cryptocurrency

Venezuela Orders Government Services to Accept Any CryptocurrencyVenezuela’s president Nicolas Maduro has ordered the country’s consular services, as well as several other services and gas stations, to accept any cryptocurrency including the nation’s own petro. In addition, he has announced the launch of another cryptocurrency, this time backed with gold. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Maduro’s Orders […]

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February 22, 2018 0

Venezuela Seeks Miners for the Petro – Maduro Claims 860,811 Already Signed Up

Venezuela Seeks Miners for the Petro - Maduro Claims 860,811 Already Signed UpVenezuela is looking for miners for the country’s national cryptocurrency, the Petro. The government has opened up a registry for miners to sign up to mine and gain access to the new currency. According to Venezuela’s president Nicolás Maduro, 860,811 young people have already registered to create the Petro mining farms. Also read: Venezuela Unveils Mining, […]

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January 4, 2018 0