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.
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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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The governor of India’s central bank, Shaktikanta Das, has restated that the Indian government is against private cryptocurrencies. This all comes ironically amid talks of India launching its own Central Bank Digital Currency (CBDC).
2019-12-7 20:10 | |
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India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […]
2019-12-6 18:28 | |
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As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property.
2019-12-5 10:30 | |
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The government of the British Virgin Islands (BVI) is about to announce the details of its own digital currency. The project is developed in partnership with blockchain-oriented startup LIFElabs.
2019-12-3 17:54 | |
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The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The IMF’s suggestion is quite relevant, given that Georgia is currently the 4th largest producer of digital currencies from mining operations.
2019-11-30 21:34 | |
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The government of Russia has been toying with the possibility of interfering in the country’s cryptocurrency space as of late. Several calls have been made for the country to completely legalize digital assets, but it would seem that the Kremlin isn’t prepared to have enough patience to deal with them at all.
2019-11-29 13:04 | |
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A Ukrainian government official Alexander Bornyakov who serves as the Deputy Minister of Digital Transformation recently told a local daily that right after the announcement about them joining hands with Binance to help them develop their crypto reforms and regulations, they started receiving calls from other exchanges with similar offers. The officer claimed that two […]
2019-11-27 21:30 | |
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Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
2019-11-22 21:08 | |
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The deputy secretary of the U.S. Treasury has raised the specter of a not-so-distant future when private digital currencies have stripped some of the power from governments. Policymakers will take a "hard look" at that, he said.
2019-11-22 16:03 | |
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A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […]
2019-11-21 18:42 | |
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In yet another significant cryptocurrency-related development coming out of China, state-run CCTV1 aired a high-profile television program on blockchain earlier today that was negative towards cryptocurrencies.
2019-11-19 17:18 | |
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Kenneth Blanco, the Financial Crimes Enforcement Network (FinCEN) director, said on November 15th that the US government will enforce a ‘travel rule’ requiring crypto companies providing wallet services and trading digital assets to provide information on their customers.
2019-11-15 23:28 | |
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Head of Binance Changpeng “CZ” Zhao is the main crypto space newsmaker this year. Now he has made another statement at BlockShow Asia 2019 in Singapore. Rumors that Chinese government will launch cryptocurrency have been circulating since the spring of this year.
2019-11-15 13:31 | |
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Primitive Ventures' Dovey Wan recently featured on the latest edition of Messari Unqualified Opinion to discuss China's ongoing efforts in the crypto-space. Addressing the government's general notion The post China preparing citizens for digital RMB with blockchain promotion: Dovey Wan appeared first on AMBCrypto.
2019-11-14 08:36 | |
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McAfee Also Mentioned that Authorities Should Handle Crypto Crimes John McAfee continued by saying that authorities shouldn’t be helped by cryptocurrency firms or trading platforms to control frauds done with digital currency.
2019-11-13 23:42 | |
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The Russian government is considering enforcing a law to curtail the use of digital assets for criminal activities, local financial news outlet RBC reported on November 7. The Ministry of Internal Affairs of Russia, along with other relevant authorities, plan to roll out a legal mechanism that would allow seizure of virtual assets for confiscation […]
2019-11-8 00:46 | |
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Turkey’s central bank is reportedly looking to finalize testing protocols for its proposed national digital currency. With economic struggles worsening in the country, the move might signal an attempt by the government to gain a foothold in the emerging digital landscape.
2019-11-7 19:13 | |
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Recep Tayyip Erdogan, the current president of Turkey, has recently affirmed that the government is testing its central bank digital currency (CBDC) project and that the project is set to be finished by 2020.
2019-11-6 00:38 | |
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Turkey's President Recep Tayyip Erdogan directed that the government should start testing the national central bank digital currency in 2020
2019-11-6 14:51 | |
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Chinese President's recent announcement regarding accelerating the use of blockchain technology followed by the passing of crypto law and the impending launch of the central bank-issued digital currency fits perfectly with China's plan of world domination.
2019-11-3 22:00 | |
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Huobi Group has announced the expansion of its footprint in the MENA region, launching its white-label digital asset exchange services at its office in Dubai, UAE. Huobi is the latest firm to leverage the blockchain-friendly attitude of the UAE, where the government has committed to a strategic agenda for adopting the technology.
2019-11-1 16:53 | |
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The cryptocurrency law that has been passed by China’s congress has left the crypto community divided. While some have applauded the government’s effort to adopt blockchain technology, others argued that it wasn’t a road towards modernization, but towards more control and dictatorship.
2019-10-31 08:45 | |
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Cryptos like Bitcoin (BTC) are not really money, at least according to the German Federal Parliament. According to a recent announcement, digital assets such as cryptos cannot be considered money because they lack several features that would be expected of traditional forms of money.
2019-10-30 23:33 | |
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Search volumes for “Bitcoin” on China’s social media platforms have spiked sharply following the Chinese government’s announcement of an openly bullish stance on blockchain and its various applications, including digital finance.
2019-10-29 07:32 | |
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Peter Schiff has refuted the notion that the Chinese government endorsement of blockchain is behind Bitcoin’s recent price rally. The price of the leading digital asset surged on Friday to a high above $10,000 on some exchanges before returning to around $9,400 at the time of writing.
2019-10-29 01:00 | |
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It looks like the Chinese government is going full-throttle on its roadmap to roll out a yuan-pegged digital currency. There’s no official word on a launch date as of yet, but judging by the recent chain of events, it is highly likely that the Chinese Digital Currency or Electronic Payments system (DCEP), will be rolled […] The post China’s DCEP to Be World’s First National Digital Currency, Says CCIE Vice Chairman appeared first on BeInCrypto.
2019-10-29 18:45 | |
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On October 21, Ripple’s global head of government relations, Michelle Bond, during a panel discussion at the Chamber of Digital Commerce, spoke about the current and potential future improvements in legislation and regulation in the crypto-asset space.
2019-10-22 19:30 | |
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Nadiem Makarim, co-founder and CEO of Indonesia’s first decacorn Gojek, is stepping down from his chief executive role to take up a cabinet post in the newly formed government led by Joko Widodo.
2019-10-21 11:41 | |
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The dated tech in the United State’s nuclear computer system is getting an upgrade as the military sunsets those gigantic old-school floppy disks. It’ll be replaced with a digital solution of some kind.
2019-10-18 20:58 | |
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The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control.
2019-10-17 15:00 | |
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The UK has scrapped a controversial plan to require age verification for accessing porn online, after repeated delays. Digital Secretary Nicky Morgan said the measure — which was initially scheduled to go into effect in March 2018 — “will not be commencing.
2019-10-17 09:17 | |
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Coinspeaker Government Threats Visa, Mastercard and Others that Choose Libra, Says VanEck DirectorDirector, Digital Assets Strategy at VanEck, Gabor Gurbacs, believes that companies are being enforced to leave the crypto-project.
2019-10-14 12:12 | |
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Coinspeaker Government Threats Big Companies that Choose Libra, Says VanEck DirectorDirector, Digital Assets Strategy at VanEck, Gabor Gurbacs, believes that companies are being enforced to leave the crypto-project.
2019-10-14 12:12 | |
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The Chinese government has announced a new and even more invasive form of facial recognition. The Ministry of Industry and Information Technology (MIIT) will begin using AI software to monitor 800+ million internet users.
2019-10-13 03:09 | |
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The blockchain companies in Canada are eager to understand more about how the national government stands on the crypto space, a new report made by the Canadian Digital Chamber of Commerce has shown. According to the new report, which was devised to comprehensively analyze the national blockchain market, several new companies appear very bullish about […]
2019-10-10 22:42 | |
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Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto.
2019-10-8 16:30 | |
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Hong Kong residents are reporting that many ATMs are running out of cash entirely. Protestors have been queuing up to withdraw funds in fear that the Chinese government may start monitoring digital payments and freezing assets.
2019-10-7 15:15 | |
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Shenzhen will be the testing grounds for China’s fascinating digital currency ambitions, this according to a central government document. As reported by Beloit Bulletin, September 30, People’s Bank of China (PBoC) plans to launch a significant research effort pertaining to the development of China’s national digital currency and others with hopes of fostering significant urbanRead MoreRead More.
2019-9-30 19:00 | |
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While the U. S. government has been skeptical of crypto’s entry into mainstream finance, the State of Wyoming’s jurisdiction has recently been more open to regulate the innovation. To share a closer look at the latest developments within the state of Wyoming, politician Tyler Lindholm featured in a podcast along with Caitlin Long and Trace Mayer.
2019-9-30 06:30 | |
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Morgan Creek Digital co-founder and serial bitcoin bull, Anthony Pompliano, said that he would tokenize the dollar immediately if he was the US government. This is the only way that it might retain its status as a world reserve currency, he suggested.
2019-9-28 20:43 | |
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The Australian Digital Health Agency is moving towards decentralized technology, big data, internet of things (IoT) and cloud computing as a solution to patient’s data recording. The government agency is looking for forward looking technologies to replace Accenture, a digital data firm, whose contract expires in 2020. A New Digital Health Platform for Australia In […]
2019-9-28 20:35 | |
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All money will be digital, and the competition will be between monetary policies: Pompliano
2019-9-28 16:53 | |
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Digital equality — or access to the internet by making it accessible to everyone, including those with disabilities — is a serious moral and ethical issue. If left unchecked, digital inaccessibility can also be expensive and harmful to your brand.
2019-9-27 14:00 | |
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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
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.