government

Crypto Bill Introduced in New York State Assembly: Could Allow Government Agencies to Accept Crypto

Companies and government agencies are making great efforts to increase the adoption of cryptocurrencies. Recently, a bill was introduced in the New York State Assembly on January 26, 2023 that would allow state agencies to accept crypto as a form of payment for civil penalties, taxes, fines, and any other payments levied by the state. …

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Alameda-FTX Lesson on Government Regulation and Crypto (Opinion)

The scale of financial damage to crypto investors last year was colossal. Not only FTX International is failing, but also others: Three Arrow Capital, Celsius, Genesis, Gemini, Voyager Digital and BlockFi. The price of Bitcoin still hasn’t recovered from the cryptocurrency’s continued string of bankruptcies, although it has erased some losses from the FTX fiasco. …

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We cannot afford to wait for the government to lead crypto regulation

The fall of FTX was just the latest calamity to hit the crypto world — and it caused a cascade closures, bankruptcyand losses for individual and institutional merchants, government, and companies that used crypto for financing and trading. Crypto he fell before and he returned – but this time, losses it can be too big …

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In an effort to block the sale of the sewer system, Montco residents are organizing a new local government

A rebellion by Montgomery County residents unhappy with the privatization of their city’s sewer system moved into uncharted territory this month by creating a commission to rewrite the city’s governing charter to block the sale of the city’s wastewater utility. The Towamencin City Government Study Commission, which was created after 61% of voters approved it …

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Indian Government Updates Parliament on Cryptocurrency Bill and Investigates Crypto Exchanges – Regulation Bitcoin News

In the Lok Sabha, the lower house of the Indian Parliament, the Indian government gave some updates on its cryptocurrency law and investigations into crypto exchanges. “Crypto assets are by definition borderless and require international cooperation to prevent regulatory arbitrage,” said the Minister of State at the Ministry of Finance. Indian government answers questions about …

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Could the government have stopped the massive crypto scams?

Prosecutors accused Sam Bankman-Fried of allegedly diverting billions of dollars of client funds placed on his crypto trading platform, FTX. Bankman-Fried, the alleged mastermind of this massive fraud, was arrested in the Bahamas. The Securities and Exchange Commission (SEC), the federal agency charged with protecting investors, also charged him with violating securities laws. The agency …

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