While the introduction of a central bank digital currency in the U.K., dubbed the Britcoin, could result in the decrease of central bank deposits, the Bank of England said that it would just be another innovation banks...
The Financial Services Commission (FSC) wants graver punishments for those who engage in unfair practices in South Koreas crypto markets. The countrys top financial regulator wants the National Assembly to bring criminal...
The Blockchain Industry Coordinating Committee of Nigeria (BICCON) has issued a public statement on what it calls the cryptocurrency clampdown in the country. According to the crypto and blockchain advocacy group,...
Senator Jane Hume, Australias Minister for Superannuation, Financial Services, and the Digital Economy, has publicly shown her support for cryptocurrency. While a government official recently opined that interest in crypto...
The Reserve Bank of Australia (RBA) has issued a warning to Australians who have invested or planning to invest in crypto. According to the RBA, there are factors that could cause the current speculative demand could begin...
While several monetary authorities around the world are already in various stages in developing their central bank digital currencies, the Federal Reserve appears hesitant to join the bandwagon at the moment. In fact,...
The U.S. Department of Justice will be selling $56 million worth of crypto seized from Glenn Arcaro, who was the lead promoter of the BitConnect Ponzi scheme. Proceeds of the sale will be used as restitution to the victims...
While Bitcoin (BTC) adoption has soared with several publicly-listed firms even keeping the crypto in their balance sheets, investor Kyle Bass warns that governments might soon start to clamp down on digital currencies....
A lawmaker in London is pushing for a crackdown on crypto adverts in the citys public transportation system. The proposal came just weeks after a three-week poster campaign for the crypto Floki appeared on buses and in...
Due to the differences in regulations on crypto in various countries, exchanges have been making changes to their product offerings to suit the legal requirements of a specific local. One of the latest firms to make a...
With the explosion of the crypto market in the country, South Korea has been tightening its regulations on the digital assets space. However, the Financial Services Commission (FSC) said that non-fungible tokens wont be...
After granting legal tender status to Bitcoin earlier this year, El Salvador has been going all out to promote the use of the crypto in the country. In fact, its next BTC-related project aims to promote cryptocurrency...
Stablecoins and central bank digital currencies (CBDCs) have been eyed by various governments as potential solutions to deficiencies in remittances, cross-border payments, and financial inclusion in emerging market and...
The Australian Securities and Investments Commission (ASIC) issued new industry guidance for firms that plan to issue exchange-traded products including crypto ETPs. The regulator also noted that Bitcoin (BTC) and Ethereum...
El Salvador made headlines earlier this year by becoming the first country to grant legal tender status to Bitcoin. Despite the massive fluctuations of the cryptos price since then, the government remains bullish and...