Category: Government

Confirmed: Basis CEO Says Project Will Shut Down due to Regulatory Concerns

The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to…

Report: Venezuela Converts Pension Bonuses into State-Issued Crypto Petro

Venezuela has automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro (PTR), according to a…

Canadian Court Rules to Return Mistakenly Sent Ethereum to Rightful Owner

A Canadian court has decided that a sum of mistakenly transferred cryptocurrency should be returned to its rightful owner, according…

Russian Deputy Prime Minister: Draft Crypto Legislation Won’t Be ‘Significantly’ Edited

Maxim Akimov, the deputy prime minister of Russia, announced that the authors of Russia’s draft cryptocurrency legislation were not planning…

Russian Draft Bill Blocking Suspicious Financial Websites ‘Could’ Cover ‘Scam’ ICOs, Experts Note

A group of Russian members of parliament (MPs) has introduced a draft bill on blocking suspicious financial websites on Tuesday,…

Canadian City of Calgary Launches Local Digital Currency for Intracity Transactions

Calgary, a city in the Canadian province of Alberta, has launched its own digital currency. The Calgary Dollar will allow…

India’s Telecom Regulator Completes Mobile Blockchain Pilot with IBM

The Telecom Regulatory Authority of India (TRAI) has completed blockchain pilots with tech giant IBM to improve mobile data records.…

New Zealand: Financial Authority Blacklists Another Three Crypto Platforms Marked as ‘Suspected Scams’

New Zealand’s Financial Markets Authority (FMA) has added three more crypto platforms to its blacklist that warns about scams, a…

Ukraine’s Former Prime Minister Proposes to Tackle Corruption Using Blockchain

Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to…

Four Vermont State Agencies Establish Blockchain Working Group

Four agencies of the state government of Vermont in the United States have jointly formed a working group to study…

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