South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official statement published Jan. 16. In the document, titled “Consultation Paper on Policy Proposals for Crypto […]

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Venezuelan WTO Request Accuses US of ‘Discriminatory Measures’ Against Petro Coin

Venezuela has taken issue with United States sanctions, including those levied against transactions in the country’s national digital currency, the Petro (PTR), according to a World Trade Organization (WTO) consultation request, published Jan. 8. The request, dubbed “United States — Measures relating to trade in goods and services,” was originally […]

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Cryptocurrency regulatory working group to be set up by South African government

The South African government has recently announced that they will be taking a more concrete and decisive approach to the concept of cryptocurrencies such as Bitcoin Cash [BCH] and Ethereum [ETH], according to a letter by Tito Mboweni, the Minister of Finance of South Africa. The official also stated that […]

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MasterCard Will Support Cryptocurrencies If It Is Supported by the Government

It seems that another company is turning positive towards cryptocurrencies in general. MasterCard, whose CEO’s recently dissed out digital currencies, calling them equivalent to junk, are now open about digital currencies. Speaking to Financial Times, MasterCard’s Co-President for the Asia-Pacific region, Ari Sarkar, said that the company is positive and […]

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Government Is Looking To Stop Tax Evasion On Cryptocurrency Transaction

The authorities are looking to prevent traders grabbing large profits from crypto transactions together with a sharing economy from tax evasion that incorporates on their earnings, according to the policy. NTA Will Take Charge of Tax Evasion on Cryptocurrency The new system will enable the National Tax Agency (NTA) to […]

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The US Government Is Powerless to Block Bitcoin Addresses

It has been widely reported this week that the U.S. government has blacklisted two BTC addresses linked to cyber crime. These particular addresses were singled out because their owners are believed to be Iranians, whose country is currently facing heavy economic sanctions from the U.S. While the BTC addresses are […]

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South Korea’s Gyeongbuk Province Launches ‘Special Committee’ to Create Blockchain Hub

The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. 14. North Gyeongsang Province, also known as Gyeongbuk, plans to create a blockchain hub, inviting 40 domestic and foreign […]

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