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US Government challenges Bittrex US’s motion to return customer crypto assets

0xMain
June 8, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the unfolding bankruptcy case of crypto exchange Bittrex US, the US government has opposed the platform’s motion to authorize customer withdrawals of their crypto assets. The US government...

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Crypto scams on the rise, government institutions call for regulatory clarity| Weekly recap

0xMain
June 4, 2023

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This week, regulatory affairs continued to be a top concern. Government institutions worked towards creating guidelines to adapt to the ever-changing and evolving world of cryptocurrencies. Meanwhile, the private sector showed interest in non-fungible tokens (NFTs) by collaborating on various projects. Despite these...

Beijing government publishes web3 white paper

0xMain
May 31, 2023

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Beijing’s municipal government has introduced the “Web3 Innovation and Development White Paper” at the Zhongguancun Forum. Presented by the Beijing Municipal Science and Technology Commission, also recognized as the Administrative Commission of Zhongguancun Science Park, the white paper aims to cultivate innovation and...

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Municipal government in China releases blockchain white paper

0xMain
May 28, 2023

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A municipal government in Beijing, the capital of the People’s Republic of China and the hub for technological innovation, has unveiled plans to lead the development of web3 and blockchain. Beijing municipality government releases blockchain white paper Per local reports, the Beijing Municipal...

Pakistan government firm on stance to keep cryptos illegal

0xMain
May 17, 2023

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Dr. Aisha Ghaus Pasha, Pakistan’s Minister of State for Finance, declared on May 17 that the government has no plans to legalize cryptocurrency in the nation. The statement was made during a meeting of the Senate’s standing committee on finance. According to Pasha,...

New Thai government may take fresh view on cryptos

0xMain
May 16, 2023

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Thailand’s two major opposition parties, the Move Forward party and Pheu Thai, announced on May 15 the intention to establish a ruling coalition following a victory in the weekend election. The defeat of military-backed parties, which have held power for almost ten years,...

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Venom Foundation partners with Kenyan government to set up blockchain hub

0xMain
May 11, 2023

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Venom Foundation, the team behind the ADGM-licensed decentralized network, has signed a Memorandum of Understanding (MOU) with the Kenyan government to set up a blockchain hub. Venom Foundation partners with Kenyan government Through the partnership, Venom Foundation seeks to stimulate regional economic growth...

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Liechtenstein explores bitcoin payment option for government services

0xMain
May 8, 2023

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Liechtenstein’s Prime Minister, Daniel Risch, has announced plans to allow citizens to pay for government services using bitcoin. In a May 7 interview, Risch stated that a bitcoin payment option is coming, without providing further details. The European microstate plans to accept payments...

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UK government not going forward with NFT issuance

0xMain
March 28, 2023

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The government of the United Kingdom has dropped plans to issue a non-fungible token (NFT), which was first proposed in April 2022 and scheduled for issuance in June 2022. The United Kingdom’s Economic Secretary to the Treasury, Andrew Griffith, said the Royal Mint...

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...