government

The US government will only help Silicon Valley Bank depositors

0xMain
March 12, 2023

Bank, depositors, government, Hacking, Silicon, Valley

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...

Indian government announces new crypto regulations

0xMain
March 9, 2023

announces, Crypto, government, Hacking, Indian, 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...

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

0xMain
February 23, 2023

6.4m, Gate.io, government, Hacking, Hong, invests, Kong, launch, 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...