Brazil’s right-wing government celebrates easing of gun laws

Brasilia: Brazil's right-wing President Jair Bolsonaro has signed a decree to ease restrictions on gun imports and increase the amount of ammunition a person can buy. Immediately, shares in gunmaker Taurus Armas surged 21 per cent with the company declaring the executive order a "milestone", and saying it "could significantly increase the demand for firearms by hunters, shooters and collectors, […]

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British Virgin Islands, Blockchain Firm Develop Crypto Payments System for Emergency Aid

The British Virgin Islands — a United Kingdom Overseas Territory in the Carribean — has partnered with blockchain firm Lifelabs.io to launch an alternative crypto-enabled payments infrastructure for residents across its network of islands. The development was reported in a BVI government press release on April 18. The partnership notably heralds a particular focus on using a crypto infrastructure to […]

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Sri Lanka government admits 'massive intelligence failures' allowed jihadi group National Thowheed Jamath to massacre 290

THE Sri Lankan government has today admitted "massive intelligence failures" that allowed a local jihadi group to massacre 290 people yesterday. National Thowheed Jamath has been named as the group responsible for the atrocity, which saw seven suicide bombers destroy churches and hotels. Yesterday it emerged Sri Lanka's police chief reportedly warned of suicide bombers planning to hit "prominent churches" […]

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Potential Scenarios in China’s Bitcoin Mining Ban

China, the world’s biggest market for computer hardware produced to mine Bitcoin and other major cryptocurrencies, recently banned crypto mining activities, with the aim of combating the increasing pressure on the government from the crypto sector. The move – China’s Bitcoin (BTC) and cryptocurrency mining ban – poses some potential scenarios. The National Development and Reform Commission (NDRC), China’s planning […]

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Moscow Gov’t to Launch Blockchain-Enabled IT Innovation Cluster by Summer 2019

The Moscow municipal government is planning to launch a blockchain-based city innovation cluster by summer 2019, Russian news agency TASS reports on Feb. 11. The upcoming platform for the city’s IT innovation cluster will enable participants to find potential partners, as well as learn about their products and equipment, according to Alexey Fursin, Head of the Department of Business and […]

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New Proposed ETF Would Encompass Bitcoin Futures Alongside Sovereign Debt Instruments

Reality Shares ETF Trust — a unit of crypto-focused fintech firm Blockforce Capital — has filed a proposal for an exchange-traded-fund (ETF) that would invest in a portfolio which includes both sovereign debt instruments and Bitcoin (BTC) futures.The ETF filing was submitted to the United States Securities and Exchange Commission (SEC) Feb 11. ETFs are securities that track a basket […]

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