Tag Archives: State

China Guarantees Citizens On-Demand Anonymity With State Digital Currency

China has brushed aside concerns that its planned government-backed crypto will be used to keep tabs on the activities of its citizens. Allegedly, users of the centralized digital currency will be guaranteed ‘controllable anonymity’ as long as they are not engaging in illegal activities. This is according to the head of the digital currency research institute at the People’s Bank of China, Mu Changchun. Continue reading China Guarantees Citizens On-Demand Anonymity With State Digital Currency

Overstock Will Be First Major Company to Pay State Taxes in Bitcoin

Online retail giant Overstock will become the first major US company to pay part of its 2019 Ohio state business taxes in bitcoin. Overstock — which has a blockchain business division — said the move is part of its ongoing efforts to promote cryptocurrency use. Continue reading Overstock Will Be First Major Company to Pay State Taxes in Bitcoin