2019-12-14 15:30 |
A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government. origin »
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House Majority Whip Tom Emmer (R-Minn. ) reintroduced legislation on March 6 to prevent the federal government from issuing a central bank digital currency (CBDC), arguing that such a system could threaten Americans’ financial privacy and empower government overreach.
2025-3-7 23:36 | |
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Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID.
2020-9-2 19:19 | |
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It may not be the time yet to have an electronic Swiss Franc for the population. The Swiss government considers that there are more risks than benefits in this digital currency that could eventually destabilize the financial system.
2019-12-14 19:25 | |
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The Swiss government has knocked the proposal of creating a central bank digital currency off the table in response to the Swiss Parliament requesting the government to look into the prospects of creaThe post Switzerland's Federal Council states CBDCs may risk financial stability appeared first on AMBCrypto.
2019-12-13 17:38 | |
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The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto payments and digital money transmission markets.
2019-12-10 18:45 | |
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In this regulatory roundup, we cover the U. S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U. S. government toward crypto regulation.
2019-12-9 16:35 | |
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The Korean government is preparing legal tools to tax capital gains from the sale of crypto assets. Specialized legislation to target digital asset deals is expected to arrive from the tax season for 2020.
2019-12-8 17:21 | |
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People’s Bank of China (PBoC) said its blockchain-based solution for a digital asset backed by the government is ready, after years of research.
2019-8-12 15:08 | |
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In a bid to improve the income, quality of life, and competitiveness of ordinary people in the society, Thailand’s Digital Economy and Society Ministry (DE) intends to use innovative technologies like blockchain in developing mobile applications and e-commerce solutions over the next three months, reports Bangkok Post on August 11, 2019.
2019-8-12 09:00 | |
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A conversation with Michelle Bond, Ripple’s Global Head of Government Relations The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple.
2019-8-9 23:00 | |
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Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was looking into the creation of a stablecoin, via a patent filing.
2019-8-7 20:23 | |
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What may come as a shock to the rising Iran’s population that participates in digital coin mining activities, the Iranian government announced a law aimed at regulating cryptocurrencies within its jurisdiction.
2019-8-6 20:30 | |
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What Is BitPunter? BitPunter is the world’s first licensed transaction mining sports book and casino. The world-class digital sportsbook and casino is licensed and regulated by the Government of Curacao under gaming license 365/JAZ.
2019-8-5 21:00 | |
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Malta is one of the most crypto-friendly and blockchain-friendly regions in the world, so it should come as no surprise that the national business registry (MBR) is making changes in favor of these industries.
2019-8-2 23:29 | |
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Batam is well placed to be the centre of excellence for Blockchain and in particular for Medical Technology service advancements. This is very much in line with the Indonesian government’s plan to create Medical and Digital Economic Zones in Batam.
2019-8-1 07:05 | |
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The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019.
2019-7-31 11:00 | |
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Three companies have recently acquired virtual banking licenses from the government of Taiwan. This the first time that the government does this, as Taiwan is starting to follow other regulators in Asia which are on the move to regulate their markets properly.
2019-7-31 00:17 | |
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India is moving closer to a ban on Bitcoin and other cryptocurrencies that would criminalize users. The Indian government remains open to distributed ledger technology, however, and a new report recommends the launch of the digital rupee.
2019-7-30 22:00 | |
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The government of Australia wants to ban cash payments for goods and services exceeding 10,000 AUD ($6,900). Interestingly, it excludes digital currency, such as Bitcoin, from the restrictions, arguing that if the regulations cover crypto assets, they would also limit innovation.
2019-7-30 02:00 | |
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Besides preventing citizens and residents of India from participating in the crypto markets going forward, the proposed crypto ban by the Indian government could also negatively impact investors who have already put their money in digital assets.
2019-7-25 13:08 | |
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Months after Palestine’s current government was sworn in, the prime minister has revealed plans to develop a cryptocurrency meant to reduce dependence on Israel. According to the Anadolu Agency, Palestinian Prime Minister Mohammad Shtayyeh stated that the digital currency will assist the territory to overcome the challenges currently being experienced as a result of the […] The post Palestine Plans Digital Currency to End Israel Shekel Dependency appeared first on CCN Markets
2019-7-23 18:11 | |
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Japan is set to further its pioneering spirit when it comes to cryptocurrency. The Japanese government is currently developing an international cryptocurrency payments network similar to the SWIFT network currently used by banks, Reuters reports.
2019-7-18 12:45 | |
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Following China's footsteps, India despite their restrictions on cryptocurrencies could launch a government issued stablecoin, the Digital Rupee The post After Digital Yuan, A Digital Rupee Could Be On The Cards appeared first on Ethereum World News.
2019-7-17 15:00 | |
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India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency.
2019-7-16 19:00 | |
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In what can only be interpreted as a crackdown on the growth of digital assets in the United States, the House Financial Services Committee’s Democratic majority is currently circulating a new proposal for discussion.
2019-7-16 20:08 | |
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution.
2019-7-15 21:45 | |
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution.
2019-7-15 21:45 | |
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Since the inception of the crypto industry nearly a decade back, various regulators across the globe have been faced with the task of taxing digital currencies in a way that is not only fair but also quite streamlined.
2019-7-13 19:37 | |
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The effect of the cryptocurrency market on the mainstream financial ecosystem has been a hotly debated topic. While some claim that digital assets will never match up to fiat currencies, the other camp is confident that crypto is ‘the next big thing.
2019-7-13 17:00 | |
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The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals.
2019-7-13 11:22 | |
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Abdol Nasser Hemmati, the governor of the Central Bank of Iran (CBI), announced yesterday that the government plans to authorise the mining of digital assets in the nation. However, those running computer systems to profit from their support of cryptocurrency networks will be charged for electricity at the country’s export price rather than the cheaper,.
2019-7-12 00:00 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceeXo Platform, a leading open-source provider of digital workplace solutions, today announced it has partnered with ONLYOFFICE to offer an integrated office suite to its government, defense, and institutional clients.
2019-7-12 22:02 | |
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Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market.
2019-7-10 16:23 | |
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More than three years after India rejected a Facebook initiative to offer free internet service to its citizens terming the gesture ‘digital colonialism’, the social media giant’s cryptocurrency project Libra might meet the same fate in Asia’s third-largest economy.
2019-7-9 16:06 | |
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Singapore’s government appears set to offer tax exemptions for bitcoin and other cryptocurrencies based on a draft document published by the country’s tax body. The proposed perpetual tax holiday will reportedly apply to virtual currencies deemed to be digital payment tokens and will come into effect in 2020 if approved.
2019-7-9 17:59 | |
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Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it.
2019-7-8 15:48 | |
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India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins.
2019-7-8 09:40 | |
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The number of countries facing economic woes is rising dramatically. In order to mitigate the impact of inflation, nations are looking towards cryptocurrency as one possible solution and Cuba is the latest to turn to digital assets.
2019-7-4 12:00 | |
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Delegates of the recent London Blockchain Summit, held for its 3rd year at the London Olympia in Hammersmith last week, heard how various government departments in the United Kingdom are implementing blockchain technology to support their daily operations.
2019-7-2 19:24 | |
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Zebpay, Coindelta, CoinRecoil, and Koinex are some of the cryptocurrency exchanges that have been relegated to the ash heaps of the Indian government’s crackdown against the growing domestic digital assets industry.
2019-7-2 10:30 | |
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India has been surrounded by a smog of uncertainty, with the status of digital assets being hotly debated in the country. While the government and the Supreme Court’s decision in the ‘Crypto vs.
2019-6-27 09:44 | |
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The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world […] The post ”Stop Right Now!” – How Much Government Officials Already Hate Facebucks appeared first on Bitcoin News.
2019-6-27 06:55 | |
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While the government of crypto-friendly Switzerland have since put in place amenable regulations to govern the region’s blockchain and digital assets ecosystem, traditional financial institutions in the country remain reluctant to service cryptocurrency-related startups.
2019-6-27 21:00 | |
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Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country.
2019-6-26 00:01 | |
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With less than a month to go until pornographic sites are forced to implement their own age-checking software for UK users, the government has delayed the rollout for the third time running in over a year, says Sky News.
2019-6-20 15:41 | |
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The Council of European Union, the institution representing the member states’ government, has implemented new rules that will promote the use of publicly held data. These will include real-time datasets pertaining to weather and transportation and will be in blockchain and artificial intelligence (AI) projects to foster digital innovation across the European Union (EU), reportsRead MoreRead More.
2019-6-18 09:00 | |
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Being a decentralised project, with no CEO or board members, Bitcoin has always been lacking an official marketing department. However, that has not stopped the world’s first viable digital asset becoming worth billions of dollars.
2019-6-14 00:00 | |
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Ten federal officials introduced a draft bill with the Chamber of Deputies in Brazil. If passed, public administrations would have to use emerging technologies to improve public services. As blockchain technology grows in its use cases, governments around the world are making sure to capitalize on it.
2019-6-13 14:00 | |
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Cryptocurrencies have scaled so many blockades since the emergence of the first blockchain output, Bitcoin. In the past couple of years, digital currencies are beginning to gain more ground in acceptance and awareness, but stern prying by the government and financial regulatory authorities may hinder the free advancement and institutional adoption.
2019-6-13 00:07 | |
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Pallavi Thakur, Director of Strategy and Innovation at Swift, and Ryan Rugg from Citi shared insights at Money20/20 from their recent collaborative CBDC experiment. Both Thakur and Rugg cited the rapid progress of the global adoption of central bank digital…
Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
A future powered by digital assets is assured as governments around the world look to technology for economic progress.
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like.
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system.
Georgia's central bank has invited fintech firms and others to participate in the CBDC project.
The Bank of England (BoE) and Her Majesty’s Treasury (HM Treasury) have jointly created a task force for the UK’s proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK’s CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury instituted a Taskforce that wouldRead More