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Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force
A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More. дальше »
2019-7-26 01:00 | |
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Steve Mnuchin Claims G7 Finance Ministers and Central Bankers Concerned About Libra
The Treasury Secretary of the United States of America, Steve Mnuchin, told CNBC in an exclusive interview that G7 financial heads were not comfortable with Libra and expressed their doubts over the ability of the payment consortium to adhere to anti-money laundering (AML) and money transmission regulations. дальше »
2019-7-21 23:00 | |
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European Central Bank Executive Calls For Speedy Regulations to Govern Facebook’s Libra
European Central Bank Executive Board member Benoit Coeure has said that financial regulators across the world must move fast in preparation for the planned Libra’s entry into the financial system, Bloomberg reports. дальше »
2019-7-8 17:32 | |
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BOJ’s Amamiya: Facebook’s Libra User Base Could Be ‘Enormous’
The deputy governor of Japan’s central bank predicts a large user base for Libra and warns Facebook to comply with money laundering and risk management regulations. Libra’s ‘enormous’ user base According to Bank of Japan Deputy Governor Masayoshi Amamiya, Libra could have a high user base in the future. дальше »
2019-7-6 22:10 | |
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First-Ever Decentralized Crypto Central Bank ‘Decentral’ Adds Popular Economist, Stephen Moore
A recently concluded research conducted by the Binance Research team showed that respondents felt the second biggest risk to the stable growth and development of the crypto industry (the first being a security hack) is a change in global laws and regulations concerning the sector. There are already a few countries not in support of […] дальше »
2019-6-25 19:39 | |
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India: As a movement gains momentum, will the country finally turn the tide and embrace cryptocurrencies?
India is a curious case. At first glance, the Asian country is the hotbed of talent in the realms of finance and technology. However, recent regulations coming from New Delhi’s political chambers regularly play spoilsport. дальше »
2019-6-25 17:00 | |
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Group Of Seven Task Force Created In Wake Of Libra Announcement
France’s central bank governor Francois Villeroy de Galhau has announced the creation of a Group of Seven central bank governors task force, which will work to produce a study outlining how central banks can regulate Facebook's Libra cryptocurrency to keep it in line with anti-money-laundering regulations and consumer protection rules. дальше »
2019-6-21 19:12 | |
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Bank Of Russia Announces Possible Central Bank Digital Currency Launch, But Not Anytime Soon
Cryptocurrency is expanding to regions around the world, though every country has different ways of handling it. Some countries have created regulations that are more suitable to development in their economies, but central bank digital currencies (CBDCs) are slowly gaining momentum. дальше »
2019-6-18 00:40 | |
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G20 Ministers Discuss Crypto Benefits, Commit to Risk-focused Vigilance
By CCN Markets: Global finance ministers and central bankers reconfirmed their multilateral support of crypto-industry regulations on the weekend in Japan. They were attending the G20 Finance Summit ahead of the Leaders’ Summit in late June. дальше »
2019-6-10 14:38 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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A Preview of Countries’ Crypto Regulatory Outlook Heading into the G20 Summit and What’s Next
The G-20 countries are gearing up for the upcoming G-20 summit, and the main aim of the upcoming event will be largely focused towards implementing unified crypto regulations set by intergovernmental organizations such as the Financial Action Task Force. дальше »
2019-5-29 18:54 | |
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Singapore’s iSTOX Security Token Platform Will Join Central Bank’s FinTech Regulation Sandbox
iSTOX is Capital market security token platform, and it has recently been added to to the financial technology sandbox for regulations. A sandbox refers to a testing environment that promotes trial and error along with experimentation. дальше »
2019-5-24 20:18 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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Pakistan Introduces Crypto Regulation
The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF). дальше »
2019-4-2 01:33 | |
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Iran, Central Bank and Crypto Regulations: Legal Challenges and Pending Sanctions Progress
The Central Bank of Iran recently released a draft on cryptocurrency regulations. The draft is available on the bank’s official website and is likely in Persian. However, according to various sources, the draft begins by first making it clear that cryptocurrency usage as a payment method is still prohibited. The draft also notes, however, the […] дальше »
2019-4-1 19:41 | |
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Pakistan Regulates Cryptocurrency to Prevent ‘Terrorism Financing’
Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions. дальше »
2019-4-1 12:04 | |
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Bitcoin’s [BTC] next rally will be fueled by Central Banks stockpiling ‘digital gold’
With the crypto-winter ravaging the collective virtual currency market, proponents are looking everywhere for an escape. From institutional investors venturing into the market to increased mainstream adoption to lax government regulations, several indicators for the departure of winter and arrival of spring have been suggested. дальше »
2019-3-27 18:30 | |
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Mexico Central Bank Proposed Crypto Regulations Could Suffocate the Economy
The proposed law requires cryptocurrency exchanges to acquire a license to qualify as regulated financial institutions. However, once they obtain the permit, the same law forbids them to avail or list any crypto service, a catch 22-situation since practically there won’t be any legal cryptocurrency exchange in the country. дальше »
2019-3-24 14:00 | |
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Russian Central Bank Will Put Onerous Limits on Retail Crypto Investors
The Russian central bank seeks to impose new regulations on cryptocurrency. The central bank wants unqualified investors to be limited in how much cryptocurrency they can purchase. RCB reports that they will also institute an information-sharing system between crypto exchanges to ensure that no one goes over their limit. дальше »
2019-3-13 21:15 | |
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Questions Arise About India’s Understanding of Implementing Bitcoin Regulations Thoroughly
India is currently moving towards unclear and clueless Bitcoin (BTC) and cryptocurrency regulations. Although there are several ways to regulate digital currencies, India seems not to have a clear path about what they want to achieve. дальше »
2019-3-8 19:49 | |
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Bahrain Becomes First Arab Nation to Comprehensively Regulate Bitcoin
A couple months ago, CCN reported that Bahrain had completed its draft regulations for cryptocurrencies. The Arab nation has now completed its finalized version of the same, and it hasn’t noted much change in its positive disposition. дальше »
2019-2-27 08:25 | |
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Bahrain Introduces Comprehensive Set of Cryptocurrency Regulations
The Central Bank of Bahrain has issued one of the most comprehensive set of cryptocurrency regulations in the Middle East, including rules on licensing, governance, and risk management for the new asset class. дальше »
2019-2-26 13:18 | |
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Bahrain Central Bank Unveils Bitcoin Regulations
The central bank of Bahrain (CBB) has issued regulations for businesses engaging in Bitcoin and other cryptocurrency-related activities. The Middle East’s tiniest nation becomes the first in the region to provide official government backing for the emerging asset class. дальше »
2019-2-26 01:00 | |
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Indian Supreme Court Demands Crypto Rules and Regulations from the Government in 4 Weeks
Sequel to the crypto banking ban by the central bank of India, there have been petitions, the Supreme court of India is all set to hear the petition. It has placed a demand on the Indian government to produce crypto rules and regulations to enable it to make a ruling on the existing cases. дальше »
2019-2-26 19:14 | |
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Indian Supreme Court Gives Government 4 Weeks to Produce Crypto Regulation
The Supreme Court of India has reportedly given the Indian government four weeks to come up with cryptocurrency regulations before making its ruling on pending crypto cases. The court was set to hear the petitions against the crypto banking ban by the central bank this week. дальше »
2019-2-25 12:50 | |
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Indian Supreme Court Gives Government 4 Weeks to Produce Cryptocurrency Regulation
The Supreme Court of India has reportedly given the Indian government four weeks to come up with cryptocurrency regulations before making its ruling on pending crypto cases. The court was set to hear the petitions against the crypto banking ban by the central bank this week. дальше »
2019-2-25 12:50 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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UnionBank Launches Two-Way Bitcoin ATM in the Philippines
The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar. дальше »
2019-2-12 00:10 | |
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Bank of Spain Warns Citizens Against Crypto Given Lack of Local Regulations
Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting in crypto
дальше »2019-2-11 16:53 | |
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Iran: Central Bank Will Consider Expert Input Before Enacting Crypto Regulations
Iran central bank suggests new regulations could enact a partial ban on cryptocurrency
дальше »2019-1-30 19:02 | |
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New Iranian Central Bank Draft Report Suggests Banning Some Crypto Assets from Payments, Bitcoin Included
A new draft report has come to light from the Central Bank of Iran. The report, titled, “Obligations and Rules Regarding Cryptocurrencies,” outlines new regulations for the use of cryptocurrency, which is surprisingly restrictive. дальше »
2019-1-29 17:37 | |
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Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera. дальше »
2019-1-29 16:00 | |
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Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests
The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country. дальше »
2019-1-29 03:10 | |
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China Quietly Makes It Illegal to Run a Node Without Gov’t Approval
China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information. дальше »
2019-1-11 20:00 | |
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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. дальше »
2019-1-9 06:10 | |
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Indian Central Bank’s Report Shows Cryptocurrencies Are Not Currently a Threat
The Reserve Bank of India (RBI) has published a report indicating that cryptocurrencies are not a threat currently. However, the central bank says, with rapid growth and adoption of cryptocurrencies, this assessment could change, adding that constant monitoring of cryptocurrencies is needed. дальше »
2019-1-4 14:15 | |
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Bahrain’s Central Bank Issues Draft Crypto Regulations
The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf. дальше »
2018-12-15 01:30 | |
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Use Of Bitcoin And Crypto Assets Gains Clarity In Bahrain After Central Bank Drafts New Regulations
Use Of Crypto Becomes Clearer In Bahrain After Central Bank Establishes Draft Regulations Countries around the world seem to be gravitating towards one of three different ways of handling cryptocurrency – banning it, establishing unclear rules that are constantly being reassessed, or clearly regulating it. In a new report from Reuters on December 13th, the […] дальше »
2018-12-15 23:27 | |
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Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban. дальше »
2018-11-25 07:05 | |
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Indian Government to Draft Cryptocurrency Regulation Next Month
The Indian government is reportedly getting ready with draft regulations on cryptocurrencies next month. The finance ministry set up a panel in November 2017 for the purpose of preparing a regulatory framework on the issue, but the central bank has created a hostile environment for digital currency trading platforms in 2018. дальше »
2018-11-21 02:00 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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The Bahamas is issuing cryptocurrency regulations to fight fraudulent ICOs
Regulators from all over the world have been waking up to cryptocurrency regulation this year and it seems the Bahamas are the latest to open their eyes. The Central Bank of the Bahamas (CBOB) has published a regulatory framework in preparations to integrate cryptocurrency-based assets into its financial services industry, according to the Nassau Guardian. дальше »
2018-11-9 18:06 | |
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Real Reason Why China Doesn’t Want Blockchain: Strict Censorship
The Cyberspace Administration of China is tightening its stance against anonymity offered under the garb of blockchain technology. The central internet regulator, notorious for its role in building the so-called “The Great Firewall of China,” has drafted new regulations that would require local blockchain companies to register users with their real names and national identification. дальше »
2018-10-22 12:10 | |
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India’s largest Bitcoin exchange moves to Malta to escape regulation
Zebpay, once India’s largest cryptocurrency exchange, is moving operations to Malta after having shut shop on its home turf last month. The exchange, which currently supports 20 cryptocurrencies, will serve users in 20 countries across Europe: Malta Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Finland France Germany Greece Hungary Ireland Italy Latvia Netherlands Poland Portugal Slovenia Sweden Unfortunately, the exchange won’t be accessible to users in India. дальше »
2018-10-18 12:42 | |
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Tom Lee Mocks Central Banks: “Do you like SWIFT because it’s backwards-compatible to the abacus?”
There is no doubt about the potential of Distributed Ledger Technologies to surpass the traditional methods of accounting and payment processing. The possibility of reducing human error to a minimum expression makes these technologies extremely attractive for businesses inside the world of finances. дальше »
2018-10-4 04:09 | |
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BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’
The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks. дальше »
2018-9-24 22:00 | |
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Cryptocurrency Exchange OKCoin Expands U.S. Offerings with Five New Coins
Following a successful launch in California only a few months ago, the U. S. branch of cryptocurrency exchange OKCoin is adding five new coins to its listings. Those coins include Ripple (XRP), Cardano (ADA), Stellar lumens (XLM), Zcash (ZEC) and 0x (ZRX). дальше »
2018-9-20 16:49 | |
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