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Btrust by Dorsey, Jay Z to Promote Bitcoin Development in India Even as Govt Mulls Ban

»Btrust by Dorsey, Jay Z to Promote Bitcoin Development in India Even as Govt Mulls Ban
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Btrust by Dorsey, Jay Z to Promote Bitcoin Development in India Even as Govt Mulls Ban
Twitter CEO Jack Dorsey and eminent musician Jay Z’s 500 BTC endowment for Bitcoin development wants to use India’s massive, talented developer pool to build new technologies.
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Twitter CEO Jack Dorsey and musician Jay Z have come together as an unlikely pair to form ₿trust – a fund that aims to promote the development of Bitcoin in India and Africa, and find more everyday, regular use cases for digital currencies. The pair have invested a total of 500 Bitcoin, which is about Rs 172.5 crore or $23.8 million, to create the endowment. Interestingly, Dorsey and Shawn Carter (Jay Z’s real name) have stated that they will not be lending oversight or guidance into Bitcoin ventures that will be supported by ₿trust, leaving wide open the scope for work on Bitcoi ....

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Twitter Curiously Leaves India Out of Its New Labels Marking Govts, Official Accounts

Twitter Curiously Leaves India Out of Its New Labels Marking Govts, Official Accounts
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Twitter has announced that it will soon be rolling out a new set of labels that will identify government personnel, including personal accounts of world leaders, government affiliated media outlets, consequential world leaders and institutions affiliated with central authorities of nations. The move is seemingly directed at identifying credible information sources in each nation, which would be particularly valuable in international geo-socio-political conversations. Interestingly, however, the new Twitter labels will apparently only apply to China, Russia, the G7 nations (Canada, France, Germany, Italy, Japan, USA, UK) and a host of others, but not India. ....

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MeitY welcomes Twitter to India, keeps it on a short leash though

MeitY welcomes Twitter to India, keeps it on a short leash though
The IT Secretary emphasised that Twitter is welcome to do business in India but raised doubts about its commitment to transparency and healthy conversation on the platform
Nidhi Singal | February 11, 2021 | Updated 00:10 IST
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IT Ministry welcomes Twitter to do busines in India, yet raises doubts about transparency
Lawful orders are binding on any business entity and must be obeyed immediately, MeitY tells Twitter
Twitter global leadership requests better engagement with Government of India
The high-profile virtual meeting between Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology (MeitY), and Twitter global delegates - Monique Meche, Vice President-Global Public Policy and Jim Baker, Deputy General Counsel and Vice President-Legal - concluded a little while from now. The meeting took place amidst extant friction between the nation and the ....

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