Bitcoin caught in the crossfire as Turkish opposition leader voices support

After a blanket ban on crypto, Bitcoin is now a talking point for Turkey's politicians.

S Korean MPs Seek to Ban Crypto Felons from Returning to the Industry

Convicted South Korean crypto criminals should be barred from re-entering the domestic crypto market, lawmakers have stated – as politicians continue what they have vowed will be a “crackdown” on irregularities in the industry. Per the media outlet Weekly Today, the influential MP Lee Jung-mun, of the ruling Democratic Party, has already submitted a proposal with the

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

US politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan.

Swedish Central Bank Wants ‘Market Actors’ to Join Next Stage of CBDC Pilot

Sweden’s central Riksbank is forging ahead with its e-krona pilot project, and has outlined the next steps it wants to take – putting it on track to become the first European nation to roll out a central bank digital currency (CBDC). The Riksbank has been bullish about issuance, but will still have to convince politicians in the country to grant it the legal powers to

2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have Surged

Members of the US Federal Reserve and fellow bureaucrats have said that they are not worried about inflation levels and some officials have even encouraged a general increase in prices for goods and services.

Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy

On Saturday, politicians in the US approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400.

California Rep. Ro Khanna bats for 'cannot be devalued' Bitcoin

Over the past few months and years, Bitcoin, the world's largest cryptocurrency, has managed to turn many lawmakers and politicians in its favor.

Microstrategy Is Not For Microsoft and 20 Crypto Jokes

As bitcoin (BTC) soared over USD 50,000 this week, American politicians engaged in a high-stakes crypto pledge wars, while MicroStrategy raised over USD 1bn for its bitcoin purchases.

Nigeria Crypto Ban: Stakeholder Body, Politicians Assail Central Bank’s Directive to Financial Institutions

A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks.

Purging Today’s Freedom Activists: Why Big Tech’s Censorship Isn’t Directed Solely at Trump Supporters

There’s been a lot of unrest in the US and just before the presidential election’s electoral vote, Big Tech took action and censored a great number of individuals and even competing social media platforms.

Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency

Stephen Harper said "the number of things that people use as reserves will expand," but the US dollar will still retain its dominant role.

South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly

South Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly.

More Crypto Regulation Coming in Russia and Beyond, Warns Key Lawmaker

Russian politicians have issued another grim-sounding warning about forthcoming crypto regulations, hinting that 2021 may have some less-than-welcome surprises in store for the nation’s crypto community – as well as crypto enthusiasts based overseas. Per a report from radio station Govorit Moskva, Anatoly Aksakov, the head of the State Duma Committee on Financial

No Need for South Korean Lawmakers to Declare Crypto after Bill Fails

South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so. Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property rights (and thus obliged MPs and civil servants to declare their trading

Politicians, Industry, Crypto Fans Unite to Reject Treasury Wallet Plans

Resistance to a new bill rumored to be in the pipelines at the American Treasury Department is growing amid fears that the measure is “potentially being jammed through without congressional review, and without meaningful industry engagement.” Many in the crypto industry – including Coinbase CEO Brian Armstrong – have expressed concern that the outgoing Treasury

19-year-old Ukrainian politician reports crypto holdings of $24M in Monero

Ukrainian government officials are investing in cryptocurrency. A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR). Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth about $24.5 million at publishing time. According to a declaration published on Dec.

Furious Abkhazian Villagers Forcibly Close Down Crypto Mining Farms

Crypto mining is threatening to draw a nation into chaos – with angry Abkhazian villagers reportedly taking the law into their own hands by kicking miners out of their regions. The latest development in the South Caucus-located de facto state has seen anarchic uprisings, with miners thrown out on their ears – and politicians apparently divided as to how to deal with

‘Russian Dictators Will Use Blockchain to Rig Elections,’ Says Critic

Russia’s new blockchain-powered voting systems could be exploited by unscrupulous politicians, becoming “tools” for the architects of rigged elections and voter fraud, a journalist has alleged. The claims were made in a new column entitled “Blockchain for Dictators” by Sergei Golubitsky, an IT journalist and a long-time contributor to the liberal-leaning

Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions

While American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel.

Politicians Debate Bailouts While DeFi Continues Its Slide South

As markets pay closer attention to the US election, decentralized finance continues its poor run while stablecoins look upbeat.

Israeli politicians want to recognize Bitcoin as currency, not asset 

According to a local news report, four members from the Yisrael Beiteinu political party in Israel have submitted a new bill that proposes to recognize Bitcoin (BTC) as a digital currency instead of a The post Israeli politicians want to recognize Bitcoin as currency, not asset  appeared first on AMBCrypto.

Swiss Senate Passes Blockchain Act Legal Reform to Clean Up Crypto

Politicians in Switzerland's senate have passed a new bill aimed at better regulating cryptocurrencies.

Robert Rorschach: 20 Reasons Not to Vote

If one votes, one participates.

Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’

The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.” The newspaper said it has seen Ministry of Finance-drafted legislation proposals pertaining to a forthcoming crypto law that politicians claim may be ready for parliamentary

Unknown assailants have attacked multiple pro-Bitcoin politicians in Russia in recent weeks

Bad things may happen to you in Russia if you support Bitcoin and don't like Putin. It has been a bad couple of weeks for pro-Bitcoin / anti-Putin activists in Russia.

Free Market Family: Goldbug Peter Schiff Asks the Bitcoin Community to Gift Crypto to His Son

The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto community to give some bitcoin to his 18-year old son Spencer for his birthday and explained that his son “won’t lose his” wallet.