Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has...
How Government Agencies Make Criminals of Crypto Traders
A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office,...
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline...
JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin
The US dollar is at risk of losing its status as the world’s dominant currency. That’s according to one strategist at JP Morgan’s private bank who is advising wealthy clients cut their dollar holdings in half. by Ben Brown A JPMorgan strategist has warned investors...Interesting 13
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