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On March 23, the Deputy Prime Minister of Vietnam, Le Minh Khai, sent the Ministry of Finance a request asking to create a legal framework for digital assets and to begin to make amendments to current laws, as necessary. Vietnam Net Global reports the request was made in support of
GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology
The European Parliament voted in favor of an anti-money laundering legislation which requires every crypto transfer be reported to authorities. The legislation cites the use of “unhosted wallets” as potential avenues for money laundering. The report states that the EU’s Transfer of Funds Regulation (TFR) is looking to regulate
News • Technology • Mar 31, 2022
The European Parliament voted in favor of an anti-money laundering legislation which requires every crypto transfer be reported to authorities. The legislation cites the use of “unhosted wallets” as potential avenues for money laundering. The report states that the EU’s Transfer of Funds Regulation (TFR) is looking to regulate
News • Technology • Mar 31, 2022
On March 23, the Deputy Prime Minister of Vietnam, Le Minh Khai, sent the Ministry of Finance a request asking to create a legal framework for digital assets and to begin to make amendments to current laws, as necessary. Vietnam Net Global reports the request was made in support of
News • Bitcoin • Mar 30, 2022
GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology
News • Bitcoin • Mar 28, 2022
After some turbulent back-and-forth, the EU is moving forward with its Markets in Crypto Assets (MiCA) bill. The landmark legislation will go ahead without the inclusion of a controversial provision that would have restricted proof-of-work cryptocurrencies. Proof-of-work (PoW) is a decentralized consensus mechanism used by cryptocurrencies like Bitcoin and Ethereum,
News • Bitcoin • Mar 26, 2022
This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the
News • Bitcoin • Mar 26, 2022
On Wednesday, the bill titled “El Salvador Cryptocurrency Accountability Act,” was passed through committee and will soon move on to the U.S. Senate for a vote. Also referred to as “ACES,” the bill was originally introduced back in February, and it attempts to address potential risks associated with El
News • Bitcoin • Mar 25, 2022
Each day, cryptocurrencies encroach a little further into terrain traditionally ruled by fiat. Residents of Portsmouth, New Hampshire are seeing this in no uncertain terms, now that the city has started accepting bill payments in Bitcoin and other cryptocurrencies. It was the city’s Mayor Deaglan McEachern who proposed the
News • Bitcoin • Mar 24, 2022