government

Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban

Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban

From human conflict to energy crunches, a whole host of factors can trigger major panic and sell-offs in the crypto sector. While all eyes were on Kazakhstan’s Bitcoin miners, another country is now putting its crypto miners under the microscope. Don’t say the E-word Kosovo, a Balkan state in Southeast Europe, was in the public …

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Binance-owned exchange WazirX targeted by India's government for alleged tax evasion

Binance-owned exchange WazirX targeted by India’s government for alleged tax evasion

Tax authorities in Mumbai announced Friday that they had uncovered tax evasion by the Binance-owned crypto exchange WazirX. According to a statement from the GST Mumbai East Commissionerate of Mumbai Zone, “while investigating the business activities of cryptocurrency exchange WazirX have detected GST Evasion of Rs 40.5 Crores. The Commissionerate has also recovered Rs 49.20 …

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El Salvador government strikes deal with Bitfinex, Blockstream to issue $1 billion bitcoin bond

El Salvador government strikes deal with Bitfinex, Blockstream to issue $1 billion bitcoin bond

advertisement El Salvador has struck a deal with crypto firms Blockstream and iFinex to advance its efforts in the bitcoin market.  The country is set to issue so-called Bitcoin bonds to “accelerate hyperbitcoinization and bring about a new financial system on top of Bitcoin,” according to Blockstream.  El Salvador could issue $1 billion worth of …

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Cuban government says it plans to regulate cryptocurrencies

Cuban government says it plans to regulate cryptocurrencies

Cuba is planning to regulate cryptocurrencies, according to a resolution published in its official national gazette on August 26th that was covered by the Associated Press and several other outlets. According to the text, the resolution aims to establish rules for regulating the use of virtual assets, as well as granting licenses to service providers …

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The U.S. government is circulating a questionnaire for EtherDelta hack victims

The U.S. government is circulating a questionnaire for EtherDelta hack victims

The U.S. Attorney General and Secret Service have put out a request for information from victims of the 2017 EtherDelta hack.  The U.S. attorney’s office for the Northern District of California indicted Elliot Gunton and Anthony Tyler Nashatka for the hack in August of 2019. The two allegedly modified the Ethereum-based exchange’s domain name system …

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Bitcoin transaction values and fees grew in 2020’s third quarter

The U.S. government auctions off 0.7501 BTC for $9,000 above market price

The United States General Services Administration (GSA) auctioned off 0.7501 Bitcoin at just over $9,000 above market price on Wednesday.  There were 31 total bidders, and the highest bid was for $53,104 — about $9,000 above the current market price of roughly $44,000 that 0.7501 BTC is currently priced. The GSA auction took place in …

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Three big questions now that the U.S. government is cracking down on BitMEX

Three big questions now that the U.S. government is cracking down on BitMEX

Quick Take Now that the U.S. government has come down on BitMEX and its former executives, three big questions linger about what might happen next. The Block interviewed legal experts to get answers. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block. Source …

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Romania’s government is set to auction confiscated cryptocurrency for first time

Romania’s government is set to auction confiscated cryptocurrency for first time

Romania’s National Agency for the Management of Seized Assets will auction off small amounts of Bitcoin and Ether — a first in the country’s history.  The auction’s cryptocurrency was confiscated from a fraud case. In the auction, 0.97 of ETH will start at 1,670 Romanian lei ($403 USD) and 0.6 BTC begins at 30,535 lei …

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Crypto broker Voyager announces $2.1 million private placement

‘Blockchain’ and ‘cryptocurrency’ dominate active trademarks in U.S. government database

The most popular blockchain-related terms across all active trademarks in the U.S. are “Blockchain” and “Cryptocurrency,” according to The Block’s recent research findings. The total number of “Blockchain” and “Cryptocurrency” mentions within live trademark — referring to active ones that have not been abandoned — were 2646 and 2382, respectively. “Bitcoin,” “Initial Coin Offering,” and …

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