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…
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Chinese government-owned newspaper to launch NFT platform
China Daily, a prominent English-language newspaper owned by the Publicity Department of the Chinese Communist Party, has recently revealed its ambitious foray into the dynamic realms of the metaverse and nonfungible tokens (NFTs). Beyond the mere creation of an independent…
OpenAI CEO Criticizes US government ‘War’ on Bitcoin & Crypto
In recent years, the world has witnessed the rapid growth and adoption of cryptocurrencies like Bitcoin, as well as the underlying blockchain technology. However, the United States government’s stance on Bitcoin and cryptocurrency has been a subject of controversy and…
Coinbase CEO Slams JPMorgan for Banning Crypto Payments in UK, Suggests Government Should Act
Coinbase CEO Brian Armstrong has voiced his discontent with the recent decision by JPMorgan Chase to block cryptocurrency-related transactions through its U.K. digital banking subsidiary, Chase UK. Chase UK’s Crypto Transaction Block: A Point of Contention In an official notice…
UK Government Officials Address Blockchain and Web3 in Virtual Event
The United Kingdom (UK) is taking significant strides in embracing blockchain and Web3 technologies. In a recent virtual event organized by the British Blockchain Association, Natalie Elphicke MP OBE, alongside other UK government officials, addressed a forum consisting of representatives…
Binance Co-founder CZ Says Governments Should Regulate Cryptos As Opposed to Fighting them
According to Binance CEO Changpeng Zhao, the adoption of cryptocurrencies will come regardless of how countries choose to respond to them. In his opinion, countries would do well to regulate cryptos as opposed to fighting them. Crypto Regulation Debates Are…
Israel Begins Using Blockchain to Offer Government Bonds
According to a report from October 19, the Israel Ministry of Finance has teamed up with VMware and Fireblocks to carry out a proof of concept for issuing government bonds through blockchain in order to lower costs and shorten the…
Crypto Bank Expands in India Anticipating Positive Government Sentiment
Physical crypto bank Unicas has opened another branch, Cashaa reported a week ago. Unicas is a joint venture between crypto banking stage Cashaa and United Multistate Credit Cooperative Society. Taking note of that this will be the first of numerous…
China’s Top Bank says that a Government Backed Digital Currency is Close
The people’s bank of China has said that it is progressing smoothly with its development of a government backed digital currency. The bank issued this statement during a conference in Beijing that was held on Jan 2-3 according to an…
A major Seoul blockchain push by the local government for citizen ID cards in the city
South Korea is a happening place as far as the blockchain technology is concerned. The recent Seoul blockchain push by the local government for citizen ID cards will consolidate the gains.
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
