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Blockfence and Forta Network2

17 May 23

Pakistan government firm on stance to keep cryptos illegal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dr. Aisha Ghaus Pasha, Pakistan’s Minister of State for Finance, declared on May 17 that the government has no plans to legalize cryptocurrency in the nation. The statement was made during a meeting of the Senate’s standing committee on finance. According […]

Flow Secures01

16 May 23

New Thai government may take fresh view on cryptos

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Thailand’s two major opposition parties, the Move Forward party and Pheu Thai, announced on May 15 the intention to establish a ruling coalition following a victory in the weekend election. The defeat of military-backed parties, which have held power for almost […]

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11 May 23

Venom Foundation partners with Kenyan government to set up blockchain hub

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Venom Foundation, the team behind the ADGM-licensed decentralized network, has signed a Memorandum of Understanding (MOU) with the Kenyan government to set up a blockchain hub. Venom Foundation partners with Kenyan government Through the partnership, Venom Foundation seeks to stimulate regional […]

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08 May 23

Liechtenstein explores bitcoin payment option for government services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Liechtenstein’s Prime Minister, Daniel Risch, has announced plans to allow citizens to pay for government services using bitcoin. In a May 7 interview, Risch stated that a bitcoin payment option is coming, without providing further details. The European microstate plans to […]

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28 Mar 23

UK government not going forward with NFT issuance

The government of the United Kingdom has dropped plans to issue a non-fungible token (NFT), which was first proposed in April 2022 and scheduled for issuance in June 2022. The United Kingdom’s Economic Secretary to the Treasury, Andrew Griffith, said the Royal Mint had canceled plans to launch a government-backed token. Griffith’s statement was in […]

Silicon Valley Bank3

12 Mar 23

The US government will only help Silicon Valley Bank depositors

On Mar. 12, United States Treasury Secretary Janet Yellen assured Silicon Valley Bank (SVB) depositors that policies were being discussed to recover lost funds. Bail Out or Not Speaking during CBS’s Face the Nation, Yellen reassured SVB depositors and dismissed the idea of a bailout, stating that “the reforms that have been put in place means we are not […]

crypto news india low poly style

09 Mar 23

Indian government announces new crypto regulations

India’s stance on cryptocurrency and token transactions has been a topic of much discussion in recent times. Now, the country’s finance ministry has issued a notice outlining its plan to regulate virtual digital assets and clarifying the application of anti-corruption regulations in the Prevention of Money Laundering Act (PMLA) to the crypto industry. The notice states […]

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23 Feb 23

Gate.io to launch in Hong Kong as government invests $6.4m in web3

Crypto exchange Gate.io has announced its plans to launch in Hong Kong following the government’s cash injection of HKD 50 million ($6.4 million) into web3 under the city’s 2023-24 budget. On Feb. 22, Gate Group announced it would apply for a cryptocurrency license in Hong Kong. Hippo Financial Services, the firm’s local subsidiary, was granted […]

20 Dec 22

Indian government updates parliament on crypto legislation and exchange probes

The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to concerns regarding the crypto bill On Dec. 20, the Indian government responded to various questions concerning cryptocurrency and its regulation from members of the Lok Sabha, India’s lower […]

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