Saudi Arabia has officially declared that trading in digital currencies such as bitcoin is illegal in the country. A standing committee comprising of Saudi Arabian regulators this stated that the unauthorized virtual...

The HCM City Customs Department has said that domestic businesses and individuals have stopped importing bitcoin mining equipment since the beginning of July, Viet Nam News reported. Last month, reports suggested that...

The government of India is considering allowing crypto tokens for facilitating financial transactions in the country, while maintaining its ban on cryptocurrencies, DNA India reported. Sources familiar with the matter...

The South Korean island of Jeju is seeking to become a hub for the blockchain industry, according to Korea Joongang Daily. During a meeting last week, Governor Won Hee-ryong requested the central government to designate...

FinCEN, a bureau of the United States Department of the Treasury, is going to launch an exchange program focused on cryptocurrencies to help facilitate engagement with the industry. Speaking at the 2018 Chicago-Kent...

The number of projects interested in applying for licenses to conduct initial coin offerings (ICOs) and to operate digital asset exchanges has surged after the digital asset licensing went into effect in Thailand, the...

Japans Financial Services Agency (FSA) is planning to impose stricter regulations on cryptocurrencies, The Japan Times said in a new report. The regulator is considering stricter rules in order to curb the use of...

The UK Financial Conduct Authority (FCA), together with 11 global financial regulators and related organisations, has announced the formation of the Global Financial Innovation Network (GFIN). The initiative builds on...

The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landscape to better support nonbank financial institutions, embrace financial technology,...

The Dubai International Financial Centre (DIFC) Courts, in partnership with Smart Dubai, has announced its plans to create the worlds first Court of the Blockchain. The project, aimed at creating a blockchain-powered...

The Swiss Financial Market Supervisory Authority FINMA has announced that it has begun enforcement proceedings against blockchain startup Envion AG for possible violation of financial market law in relation to an...

The government of Iran is making efforts to launch its own cryptocurrency in a bid to bypass international financial sanctions, Bitcoin.com reported referring to Irans Press TV. The move resembles similar such...

The Indian state of Telangana is going to sign memorandum of understandings (MoUs) with blockchain players to adopt the technology in some government applications, the Press Trust of India reported. The state...