In order to help immigrants in ICE custody pay their immigration bonds, the Bail Bloc project mines XMR using volunteers’ computer power. The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail… Continue reading US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
Category: Government
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Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022
U.S. investor Tim Draper still believes the Bitcoin price will surge to $250,000 in four years, and eventually replace “political money.” Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6 Draper initially predicted that… Continue reading Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022
Four Crypto Firms Ordered to Cease and Desist by Colorado Securities Commissioner
The Colorado Securities Commissioner has ordered four initial coin offerings to immediately cease and desist in connection with offering unregistered securities. Colorado State Securities Commissioner Gerald Rome has issued a cease and desist order to four Initial Coin Offerings (ICOs) for allegedly offering unregistered securities, according to an official notice published Nov. 8. The orders… Continue reading Four Crypto Firms Ordered to Cease and Desist by Colorado Securities Commissioner
Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies
The Deputy Prime Minister of Thailand has called for more regulation on cryptocurrencies, urging experts not to lag in developing new security practices. The Deputy Prime Minister of Thailand Wissanu Krea-ngam has called for more regulations on cryptocurrencies, local news daily the Bangkok Post reports Nov. 8. While Thailand introduced a regulatory framework for cryptocurrencies… Continue reading Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies
Abu Dhabi Securities Exchange Issues Thought Paper on Crypto and Blockchain
The Abu Dhabi Securities Exchange has reportedly issued a thought paper on crypto and blockchain infrastructure for issuing digital assets. The Abu Dhabi Securities Exchange (ADX) has issued a thought paper on cryptocurrency and blockchain infrastructure for issuing digital assets, reports the Emirati government news agency WAM Nov. 6. The document was reportedly issued… Continue reading Abu Dhabi Securities Exchange Issues Thought Paper on Crypto and Blockchain
Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%
The Swiss financial watchdog FINMA has reportedly advised the country’s financial institutions to set crypto asset risk coverage at 800 percent of their value. The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports… Continue reading Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%
Marshall Islands President Faces No Confidence Vote Due to National Crypto Plans
A group of senators has introduced a vote of no confidence in the administration of Marshall Islands president Heine due to plans of issuing a national digital currency. The President of the Republic of the Marshall Islands Hilda Heine faces a vote of no confidence due to her administration’s plans to introduce a national digital… Continue reading Marshall Islands President Faces No Confidence Vote Due to National Crypto Plans
New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service
New Zealand government-backed innovation institute Callaghan Innovation issued a grant for $330,000 to a domestic crypto wallet and trading service. New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project… Continue reading New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service
Survey: 60% of Americans Think Crypto Should Be Treated as Fiat in Political Campaigns
A recent survey by Clovr shows that nearly 60 percent of Americans believe that crypto should be treated like fiat currency in political elections. A new survey by blockchain-oriented research firm Clovr showed that 60 percent of respondents think that cryptocurrency should be treated like fiat currency in political elections. In the course of its… Continue reading Survey: 60% of Americans Think Crypto Should Be Treated as Fiat in Political Campaigns
Thai SEC Warns Public About Investing in Nine Unregistered Tokens and ICOs
The Thai Securities and Exchange Commission has warned the public about investing in nine unapproved digital tokens and ICOs. The Thai Securities and Exchange Commission (SEC) has issued a warning about investing in nine digital tokens and Initial Coin Offerings (ICOs), which have not been accredited by the regulator, news outlet Bangkok Post reported Oct.… Continue reading Thai SEC Warns Public About Investing in Nine Unregistered Tokens and ICOs