Archive | regulations

Africa and the Middle East: Crypto and Blockchain News Roundup, 15th to 21st June 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Africa South Africa B2B Blockchain Summit to take place in Johannesburg next week: Johannesburg will be home to the first B2B […]

South America: Crypto and Blockchain News Roundup, 15th to 21st June 2018

South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Blockchain data sharing platform for regulators revealed: The Brazilian Central Bank Banco Central do Brasil (BCB) has announced a new data sharing platform […]

Trump Aide Mulvaney Says Hands-Off Bitcoin Approach Will Push Market

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, says a “Goldilocks moment” needs to be found in any regulation of the cryptocurrency ecosystem, reports Coindesk. John Michael Mulvaney is an American politician of the Republican Party serving in President Donald Trump’s cabinet as Director of the Office of Management and Budget and Acting […]

South Korea Still Reticent on National Crypto After Task Force Report

South Korea’s central bank has announced says it has no plans to launch its own central bank digital currency (CBDC), reports Coindesk. This announcement came after another last month which suggested that South Korea was, in fact, looking at the feasibility of such a move. It had been suggested in May that a task force had […]

Financial Services Provider Square Acquires New York Bitlicense

The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. Also Read: Cryptocurrency Brokerage Service Genesis Global Granted Bitlicense Square Has Obtained […]

Montana County Postpones Bitcoin Mining Suspension

Missoula county of the US state Montana has postponed ruling on a decision as to whether Bitcoin mining initiatives should be shut down, as well as the banning of any new projects. The final decision will now be made in August. A lack of information has been cited as the prominent reason behind this deferment, as reported […]

North America: Crypto and Blockchain News Roundup, 8th to 14th June 2018

North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Walmart using blockchain to control electricity usage: US retailer Walmart has announced that it has filed a patent application to control electricity usage by […]

Europe: Crypto and Blockchain News Roundup, 8th to 14th June 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Germany Financial regulator believes blockchain could be revolutionary: A regulator from German Financial Supervisory Authority (BaFin) has said that blockchain technology is “revolutionary” and […]

South America: Crypto and Blockchain News Roundup, 8th to 14th June 2018

South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Major bus companies start accepting Bitcoin payments: Two big bus companies have started accepting payments in Bitcoin in a first for the country […]

Africa and the Middle East: Crypto and Blockchain News Roundup, 8th to 14th June 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Africa African Union Africa to become next frontier for crypto: Interest in cryptocurrencies and blockchain technology is increasing in Africa as […]

Germany Says Bitcoin No Threat to Financial Stability

The German Federal Government has stated that cryptocurrencies do not pose a threat to financial stability, reports Cointelegraph. The government stated on 12 June that the volume of cryptocurrencies, when juxtaposed to the overall size of the German financial system, is comparatively low and, therefore, simply needs careful monitoring and regulatory measures put in place in […]

New US Trafficking Act Will Investigate Illicit Crypto Use

The Fight Illicit Network and Detect (FIND) Trafficking Act is being introduced by congressman Juan Vargas of California to the United States House of Representatives Committee on Financial Services. If the bill is passed, it would require the Comptroller General of the United States to investigate the illicit use of cryptocurrencies for drug trafficking and […]

Financial Action Task Force to Create Binding Crypto Rules for G20 Nations

The Financial Action Task Force (FATF) is going to announce its new rules for cryptocurrency in June 2018. In March 2018, the G20 said they looked forward to the FATF’s review of cryptocurrency activity and committed to implement the cryptocurrency standards the FATF decides upon, and call upon the FATF to advance global adoption of […]