News with the tag "Bali"

The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.

On Wednesday, a Texas federal court judge ruled in favor of the US Securities and Exchange Commission (SEC) in the case against crypto influencer Ian Balina. The case is part of the Sparkster saga that started in 2018. Related Reading: Crypto Investment Fund Exec Sentenced To 3 Years For $55 Million...

A U.S. federal judge sided with the SEC, finding that Ian Balina broke securities laws by participating in a 2018 crypto token ICO.

Sources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over the collapse of his failed hedge fund.

Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that seeks to grow the stablecoin dai by enhancing “efficiency, resil...

October will see Bitcoin enthusiasts from around the globe flock to Bali to network and promote innovation.

Bali police have arrested a car rental owner in the state for accepting payments in crypto assets. The arrest came after the state government warned against using cryptocurrencies as payment options for any transaction. Bali Police Worked Undercover To Arrest Car Rental Business Owner While working ...

The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor of Bali. Stric...

Bali’s government is reportedly warning tourists that they will suffer harsh penalties for any payments made using cryptocurrencies. According to a new report from Channel News Asia, Bali’s governor Wayan Koster is sending a firm message to foreign tourists that crypto is an illegal form of payment,...

There might be better places to use your favorite crypto as payment than the beautiful Indonesian island of Bali.The government of Bali has recently raised its attempts to discourage visitors from using cryptos as payment, stressing that only the country’s fiat currency will recognize as legal money...