\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

\"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

\"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

\"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

\"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

\u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

\u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 11 12 13

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  1. Build A Platform<\/li>
  2. Fostering Professionals<\/li>
  3. Fostering Specialised Companies<\/li>
  4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

    With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

    Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

    Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

    Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

    \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

    Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

    Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

    \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

    As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

    Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

    Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

    The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

    The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

    \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

    The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 11 12 13

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n

    The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

    1. Build A Platform<\/li>
    2. Fostering Professionals<\/li>
    3. Fostering Specialised Companies<\/li>
    4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

      With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

      Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

      Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

      Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

      \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

      Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

      Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

      \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

      As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

      Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

      Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

      The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

      The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

      \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

      The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

      1 11 12 13

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

      ADVERTISEMENT
      \n

      South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

      The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

      1. Build A Platform<\/li>
      2. Fostering Professionals<\/li>
      3. Fostering Specialised Companies<\/li>
      4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

        With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

        Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

        Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

        Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

        \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

        Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

        Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

        \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

        As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

        Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

        Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

        The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

        The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

        \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

        The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

        1 11 12 13

        Most Read

        Subscribe To Our Newsletter

        By subscribing, you agree with our privacy and terms.

        Follow The Distributed

        ADVERTISEMENT
        \n

        \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

        South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

        The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

        1. Build A Platform<\/li>
        2. Fostering Professionals<\/li>
        3. Fostering Specialised Companies<\/li>
        4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

          With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

          Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

          Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

          Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

          \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

          Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

          Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

          \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

          As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

          Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

          Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

          The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

          The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

          \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

          The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

          1 11 12 13

          Most Read

          Subscribe To Our Newsletter

          By subscribing, you agree with our privacy and terms.

          Follow The Distributed

          ADVERTISEMENT
          \n

          According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

          \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

          South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

          The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

          1. Build A Platform<\/li>
          2. Fostering Professionals<\/li>
          3. Fostering Specialised Companies<\/li>
          4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

            With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

            Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

            Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

            Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

            \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

            Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

            Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

            \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

            As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

            Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

            Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

            The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

            The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

            \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

            The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            1 11 12 13

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            ADVERTISEMENT
            \n
            \nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1498982855162175488\n<\/div><\/figure>\n\n\n\n

            According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

            \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

            South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

            The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

            1. Build A Platform<\/li>
            2. Fostering Professionals<\/li>
            3. Fostering Specialised Companies<\/li>
            4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

              With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

              Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

              Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

              Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

              \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

              Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

              Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

              \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

              As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

              Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

              Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

              The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

              The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

              \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

              The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            1 11 12 13

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            ADVERTISEMENT
            \n

            Ukraine's Vice Prime Minister Mykhailo Fedorov tweeted that the government will begin accepting donations in Meme Coins, including Dogecoin<\/a>.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1498982855162175488\n<\/div><\/figure>\n\n\n\n

            According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

            \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

            South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

            The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

            1. Build A Platform<\/li>
            2. Fostering Professionals<\/li>
            3. Fostering Specialised Companies<\/li>
            4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

              With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

              Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

              Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

              Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

              \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

              Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

              Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

              \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

              As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

              Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

              Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

              The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

              The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

              \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

              The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            1 11 12 13

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            ADVERTISEMENT
            \n

            Ukraine is expanding the cryptocurrencies it is willing to accept as donations. Bitcoin, Ether, Polkadot, and other tokens proved a popular channel for funding the country's military and relief organizations, so it seems a good road to travel down.<\/p>\n\n\n\n

            Ukraine's Vice Prime Minister Mykhailo Fedorov tweeted that the government will begin accepting donations in Meme Coins, including Dogecoin<\/a>.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1498982855162175488\n<\/div><\/figure>\n\n\n\n

            According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

            \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

            South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

            The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

            1. Build A Platform<\/li>
            2. Fostering Professionals<\/li>
            3. Fostering Specialised Companies<\/li>
            4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

              With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

              Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

              Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

              Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

              \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

              Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

              Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

              \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

              As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

              Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

              Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

              The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

              The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

              \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

              The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            1 11 12 13

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            ADVERTISEMENT
            \n
            \nhttps:\/\/twitter.com\/Ukraine\/status\/1498911922791583746\n<\/div><\/figure>\n\n\n\n

            Ukraine is expanding the cryptocurrencies it is willing to accept as donations. Bitcoin, Ether, Polkadot, and other tokens proved a popular channel for funding the country's military and relief organizations, so it seems a good road to travel down.<\/p>\n\n\n\n

            Ukraine's Vice Prime Minister Mykhailo Fedorov tweeted that the government will begin accepting donations in Meme Coins, including Dogecoin<\/a>.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1498982855162175488\n<\/div><\/figure>\n\n\n\n

            According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

            \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

            South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

            The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

            1. Build A Platform<\/li>
            2. Fostering Professionals<\/li>
            3. Fostering Specialised Companies<\/li>
            4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

              With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

              Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

              Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

              Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

              \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

              Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

              Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

              \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

              As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

              Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

              Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

              The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

              The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

              \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

              The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            1 11 12 13

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            ADVERTISEMENT
            \n

            Airdrops involve businesses or crypto projects providing free tokens or NFTs to their communities as a way to encourage adoption. In the case of Ukraine, to increase donations to the country. The news of the Airdrop has surely increased donations, with thousands of microdonations<\/a> flooding their ETH wallet<\/a> in hopes of getting a reward.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/Ukraine\/status\/1498911922791583746\n<\/div><\/figure>\n\n\n\n

            Ukraine is expanding the cryptocurrencies it is willing to accept as donations. Bitcoin, Ether, Polkadot, and other tokens proved a popular channel for funding the country's military and relief organizations, so it seems a good road to travel down.<\/p>\n\n\n\n

            Ukraine's Vice Prime Minister Mykhailo Fedorov tweeted that the government will begin accepting donations in Meme Coins, including Dogecoin<\/a>.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1498982855162175488\n<\/div><\/figure>\n\n\n\n

            According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

            \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

            South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

            The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

            1. Build A Platform<\/li>
            2. Fostering Professionals<\/li>
            3. Fostering Specialised Companies<\/li>
            4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

              With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

              Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

              Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

              Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

              \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

              Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

              Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

              \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

              As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

              Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

              Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

              The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

              The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

              \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

              The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

            1 11 12 13

            Most Read

            Subscribe To Our Newsletter

            By subscribing, you agree with our privacy and terms.

            Follow The Distributed

            ADVERTISEMENT
            \n

            After raising a near $47 million in total donations for funding against their war with Russia, the Ukrainian government wants to give back to its donors in the form of an airdrop. The airdrop, which rewards aren't clear yet, will be distributed directly into the wallets of those who have donated to the cause.<\/p>\n\n\n\n

            Airdrops involve businesses or crypto projects providing free tokens or NFTs to their communities as a way to encourage adoption. In the case of Ukraine, to increase donations to the country. The news of the Airdrop has surely increased donations, with thousands of microdonations<\/a> flooding their ETH wallet<\/a> in hopes of getting a reward.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/Ukraine\/status\/1498911922791583746\n<\/div><\/figure>\n\n\n\n

            Ukraine is expanding the cryptocurrencies it is willing to accept as donations. Bitcoin, Ether, Polkadot, and other tokens proved a popular channel for funding the country's military and relief organizations, so it seems a good road to travel down.<\/p>\n\n\n\n

            Ukraine's Vice Prime Minister Mykhailo Fedorov tweeted that the government will begin accepting donations in Meme Coins, including Dogecoin<\/a>.<\/p>\n\n\n\n

            \nhttps:\/\/twitter.com\/FedorovMykhailo\/status\/1498982855162175488\n<\/div><\/figure>\n\n\n\n

            According to data from Ukraine\u2019s Dogecoin wallet<\/a>, they've received over US$70,000 worth of Dogecoin as of today.<\/p>\n\n\n\n

            \u201cCountries airdropping coins. Wild times.\u201d<\/p>Luke Martin, The Coinist Podcast<\/cite><\/blockquote>\n","post_title":"Ukraine Government Confirms Airdrop For Crypto Donors","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ukraine-government-confirms-airdrop-for-crypto-donors","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraines-airdrop-promoting-a-surge-in-microdonations\/","post_modified":"2023-04-30 21:39:03","post_modified_gmt":"2023-04-30 11:39:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3745","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3646,"post_author":"1","post_date":"2022-02-28 19:09:26","post_date_gmt":"2022-02-28 08:09:26","post_content":"\n

            South Korean Ministry of Science and ICT are in \"fully-fledged support\" for the creation of an Extended Virtual World <\/em>ecosystem.<\/p>\n\n\n\n

            The ministry's official statement <\/a>pledged to donate over $223B Korean Won (US$186.7M) in an attempt to complete 4 main objectives.<\/p>\n\n\n\n

            1. Build A Platform<\/li>
            2. Fostering Professionals<\/li>
            3. Fostering Specialised Companies<\/li>
            4. Creating A Reliable Extended Virtual World Enviroment<\/li><\/ol>\n\n\n\n

              With the completion of these objectives, the ministry will attempt to use its \"Metaverse\" to create a decentralized creator economy. With plans to expand the virtual growth of cities, education, and media.<\/p>\n\n\n\n

              Above all, the ministry expects its metaverse to have a global influence. The metaverse will provide seamless access to South Korean companies over time. <\/p>\n\n\n\n

              Together with financial and technological support to companies leading the expanded virtual world industry, South Korea aims to provide a lot of corporate support for developers.<\/p>\n\n\n\n

              Meanwhile, a broad government council is in the works to tackle issues in the virtual space. Issues such as personal information and intellectual property protection, and supervision of illegal acts.\u00a0<\/p>\n\n\n\n

              \"We will spare no effort to support domestic companies, young developers, and creators so that they can find new growth opportunities in the infinite digital economy territory created by the expanded virtual world and open up a healthy expanded virtual world.<\/strong>\u201d<\/p>Park Yun-gyu, Head of Information and Communication Policy, Ministry of Science and ICT<\/strong><\/cite><\/blockquote>\n","post_title":"South Korean Government To Invest $187M Into The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"south-korean-government-to-invest-187m-into-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:53:46","post_modified_gmt":"2023-04-11 02:53:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3646","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3531,"post_author":"1","post_date":"2022-02-21 17:45:06","post_date_gmt":"2022-02-21 06:45:06","post_content":"\n

              Jared Polis, the Governor of Colorado, stated in an ETHDenver<\/a> talk that Colorado will accept state taxes and fees in cryptocurrency by the summer of 2022. <\/p>\n\n\n\n

              Polis stated the reason for utilizing crypto payments was for faster payment speed and user convenience. The state is still looking for companies to handle the actual transactions.<\/p>\n\n\n\n

              \u201cWe won\u2019t be holding those assets in that form, but we will have a layer that accepts payment in those forms and then conversion into the units that we use, which is dollars, for budgeting and payments...but as a matter of convenience for the public, we will be accepting first for taxes and then for many different fees and services by this summer.\u201d <\/strong><\/em><\/p>Jared Polis, ETHDenver<\/cite><\/blockquote>\n\n\n\n

              As a Colorado congressman in 2014, Polis was one of the first U.S. politicians<\/a> to accept campaign donations in bitcoin.<\/p>\n\n\n\n

              Although Colorado isn't the first state to accept taxes through crypto, pilot programs in states such as Ohio were unsuccessful. Polis states that Ethereum and blockchain are a \u201ccritical part of Colorado\u2019s overall innovation ecosystem,\u201d being a crypto-forward state.<\/p>\n","post_title":"Colorado To Accept Crypto For Taxes By Summer","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"colorado-to-accept-crypto-for-taxes-by-summer","to_ping":"","pinged":"","post_modified":"2023-04-30 21:39:25","post_modified_gmt":"2023-04-30 11:39:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3531","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3439,"post_author":"1","post_date":"2022-02-10 21:26:57","post_date_gmt":"2022-02-10 10:26:57","post_content":"\n

              Russians own over $214 Billion worth, or 12% of the total value<\/a> of cryptocurrencies worldwide, according to a Bloomberg report<\/a>. <\/p>\n\n\n\n

              The data coming from the Kremlin and government officials out of Moscow was articulated from analyzing the IP addresses of the most prominent exchange users out of the country along with various other data points, as stated by two officials from Kremlin.<\/p>\n\n\n\n

              The data comes after the Russian government had decided to regulate<\/a> rather than ban cryptocurrencies. The analysis will help articulate an overview of the market to assist in their regulations and should be taken with a grain of salt because of the anonymous nature of cryptocurrencies in general.<\/p>\n\n\n\n

              \u201cRussians really do have a lot of money in cryptocurrency, but it\u2019s hard to value the true amount...many people are using cash, derivative instruments, or have two passports and can open a crypto wallet in someone else\u2019s name.\u201d<\/em><\/strong><\/p>Alexander Filatov, Co-Founder and CEO of TON Labs<\/a><\/cite><\/blockquote>\n\n\n\n

              The statistics offer a snapshot of how widespread cryptocurrency investing has become in Russia being the\u00a0third-biggest<\/a>\u00a0Bitcoin miner in the world, as officials at the central bank push for a blanket ban on the local industry, while the government pursues a softer approach.((https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/russia-values-local-crypto-market-at-200-billion-as-rules-near))\u00a0<\/p>\n","post_title":"Russians Own 12% Of The Worlds Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"russians-own-12-of-the-worlds-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/will-russia-ban-bitcoin-likely-not-heres-why\/","post_modified":"2023-04-30 21:39:59","post_modified_gmt":"2023-04-30 11:39:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3439","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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