India Archives 7.93 Million Government Records on 5 Different Blockchain Platforms

India’s National Informatics Centre (NIC), operating under the esteemed Ministry of Electronics and Information Technology, has embarked on a groundbreaking initiative to transform government operations through the power of blockchain technology. With nearly eight million government-issued verifiable documents securely hosted…

All the Details Between Binance and the Angry Nigerian Government

One of the major developing stories in the crypto industry is Binance and the Nigerian government. So, two Binance employees received detention upon entering the country’s capital. Apparently, the issue was that Binance was operating illegally in the country. Furthermore,…

UK Government to Implement Legislation on Stablecoins and Crypto Staking in Six Months

In a landmark move that positions the United Kingdom at the forefront of cryptocurrency regulation, Economic Secretary to the Treasury, Bim Afolami, has unveiled the government’s ambitious plan to introduce comprehensive legislation targeting stablecoins and crypto staking services. This initiative…

Hashgraph and Saudi Government Collab on $250M Tech Venture Studio

Key Highlights The Hashgraph Association, a Swiss nonprofit advocating for the Hedera blockchain, recently joined forces with Saudi Arabia’s Ministry of Investment. The collaboration birthed a $250 million Deep Tech Venture Studio, with a mission to support local and international…

US Government to Auction $130 Million in Bitcoin Seized from Silk Road in Landmark Legal Resolution

In a significant development, the United States government has announced its intention to sell approximately $130 million worth of Bitcoin (BTC) that was seized from the notorious Silk Road marketplace. This decision stems from a court-approved forfeiture of 69,000 BTC,…

Supreme Court of India Asks Union Government’s Input on Crypto

The union government informed the Supreme Court on January 20 that they had not yet decided on a framework for regulating cryptocurrencies and thoroughly investigating any offenses associated with them. The bail request of Ganesh Shiv Kumar Sagar, who was…

US Government’s Crypto AML Measures: Impacting the National Defense Bill

Key Highlights: The United States government has recently removed two provisions from the National Defense Authorization Act (NDAA). Specifically targeting Anti-Money Laundering concerns associated with crypto currency. Revoking NDAA Provisions: A Closer Look Among the various provisions excised from the…

Police and government employees among victims of a crypto scam in Himachal Pradesh, India

Over one thousand police personnel were duped by a cunning cryptocurrency fraud in the Mandi region of Himachal Pradesh. Both Korvio Coin and DGT Coin were the official names of this hoax. It deceived several law enforcement officials into parting…

Does US Government have Bitcoin Stash? What happens if it decides to sell ?

How Much Bitcoin Does the US Government Own? The US government owns more than $5 billion worth of bitcoin. That is a 207,189 stash of bitcoin. This may surprise many, given the backdrop of the US government’s aggressive crackdown on…

U.S. Government’s Epic $5 Billion Bitcoin Triumph: Conquering Crypto World

In a rather unexpected twist, the U.S. (United States) government has become the largest Bitcoin holder, amassing a substantial 200,000 Bitcoins, surpassing a value of $5 billion. This revelation follows the government’s sale of a significant portion of their holdings…