Government
Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery
The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.
How the Battle for Thailand Is Being Fought on Twitter
The Thai government and pro-democracy protesters are at war over social media. Authorities blocked local access to a Facebook group that was critical of the monarchy. Young protesters now fear the military government is interfering with Twitter as well.
Thailand to Raise $6.4M With Sale of Blockchain-Based Bonds
The Thai Public Debt Management Office plans to sell the cheaply priced bonds through a state-owned bank’s blockchain e-wallet.
Jason Brett of the Value Technology Foundation On Crypto and Government
Jason Brett of the Value Technology Foundation On Crypto and Government
Jerome Powell: Fed Weighing Costs, Benefits and Trade-Offs of Digital Currency
Federal Reserve Chairman Jerome Powell answered questions posed by Rep. Bill Foster (D-Illinois) regarding the competitive threat to the U.S. dollar’s status as a global reserve currency by China’s ambitions to create a digital yuan and the proposal of Libra. Source: Financial Services Committee hearing, Feb. 11, 2020.
Governor: Colorado Startups Have Raised $50M in Venture Capital
Colorado Gov. Jared Polis joined CoinDesk at ETHDenver where he talked about the future of crypto regulation.
Japanese Lawmakers Will Propose Digital Yen to Counter Libra, China: Report
Around 70 politicians from Japan's ruling Liberal Democratic Party plan to propose the nation issue its own digital currency.
Swiss Government Moves to Remove Legal Barriers for Blockchain Development
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament.
EY Launches Blockchain Tool to Help Bring Accountability to Public Finances
The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.
South Korea Aims to Put Trade Finance on the Blockchain by 2021
The government-backed program will bring trade and contract data into distributed ledgers.
