Tag Archives: Bitcoin Politics

UK Parliament Member Wants You to Pay Your Taxes with Bitcoin

Advertisement A member of the British Parliament wants UK residents to be able to pay their local taxes and utility bills using bitcoin. Eddie Hughes, a conservative MP (member of Parliament) for the Walsall North constituency, said this would be a great first step toward mainstream adoption of crypto. Hughes said it’s time for other members of Parliament… Read More »

US Bills Seeks to Protect Cryptocurrency Investors from Market Manipulation

Advertisement Two US congressmen introduced bipartisan legislation designed to prevent cryptocurrency price manipulation and position the United States as a leader in the crypto industry. Democrat Rep. Darren Soto of Florida and Republican Rep. Ted Budd of North Carolina unveiled the following bills: Virtual Currency Consumer Protection Act. This bill directs the CFTC to explain how price manipulation… Read More »

U.S Sanctions First Bitcoin Addresses

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators.” The actions include publishing the perp’s cryptocurrency wallet addresses, and warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions. Involvement in the SamSam Ransomware Attacks The OFAC stated that the two “Iran-based individuals,” are… Read More »

Nigeria’s Biggest Opposition Candidate Promises Cryptocurrency Regulation

Advertisement Twitter Facebook LinkedIn Ahead of Nigeria’s general elections in February 2019, Atiku Abubakar, the presidential candidate of the People’s Democratic Party (PDP)-  the country’s largest opposition party – has included the creation of a “comprehensive blockchain and digital currency policy” in his policy document. The move comes as a significant surprise as the country’s regulatory establishment led… Read More »

Should’ve Used Blockchain: VA Unable to Process GI Bill Payments for Veterans

Advertisement Twitter Facebook LinkedIn The US government has come a long way in thanking its service members. This country has always had a disability pension for injured veterans, according to a document published by the Department of Veterans Affairs (VA), which is the organization in charge of veterans benefits these days. VA Falls Behind on GI Bill Payments… Read More »

Backlash after US Elections Board Green Lights Crypto Mining for Political Campaigns

Advertisement Twitter Facebook LinkedIn The US Federal Election Commission (FEC) issued an advisory opinion that would allow individuals to contribute to political campaigns by donating their computer power to mine crypto for their favorite candidates. The decision comes as American politicians are gearing up for the 2020 US presidential election, which quietly kicked off after the November 2018… Read More »

51% Attack? Bitcoin Wins Ron Paul Investor Poll [Again]

Advertisement Twitter Facebook LinkedIn Former congressman and presidential candidate Ron Paul enjoys a wide fanbase on social media and among latter generations who have an interest in pro-liberty changes to governmental policy. He is famed for his positions on issues ranging from abortion and marijuana to business regulation, and he famously authored a book which aligns with the… Read More »

Marshall Islands President Survives Crypto-Infused No-Confidence Vote

Advertisement Twitter Facebook LinkedIn This Pacific Island may get its national cryptocurrency after all. Marshall Islands President Hilda Heine has eked out a no-confidence vote that threatened not only to derail her presidency but also the fate of the Sovereign (SOV), a national cryptocurrency spearheaded by her administration. According to the Nikkei Asian Review, President Heine blamed a “referendum… Read More »

Ohio Congressman Wants to ‘Eliminate’ SEC Jurisdiciton over Crypto Industry: Report

Advertisement Twitter Facebook LinkedIn Now that Bitcoiner Jared Polis has left Congress for the Colorado Governor’s Mansion, support both moral and material for the crypto industry in Washington, DC may be seen as lacking. While it is largely unelected bureaucrats who rule the financial arena in this country and occasionally make brash decisions in regards to innovative technologies… Read More »

No Coins for You! Michigan Bans Crypto Donations for Political Campaigns

Advertisement Twitter Facebook LinkedIn Michigan’s campaign finance board has formally indicated that campaign donations made using cryptocurrency are not allowed in the state. In a November 8 letter addressed to Michigan state legislature candidate William Baker, who earlier made an inquiry on the issue before losing in the recent mid-term elections, the Michigan Department of State informed Baker… Read More »