With regards to the implementation of blockchain technology, Cyprus has been showing enormous interest in pursuing the nascent sector to its fullest degree. Finance Minister Harris Georgiades has been particularly...

Becoming only the second U.S. state to do so, Utah has decided to create a regulatory sandbox with focus on fintech and blockchain sectors. The only other state to do this is Arizona and in both cases, the intent is the...

Malaysias Securities Commission (SC) has issued an advisory warning to the public cautioning them against any new initial coin offering (ICO) or digital assets exchange (DAX). Pending the release of the new guidelines with...

Venezuelan President Nicolas Maduro has ordered Banco de Venezuela, the nations biggest bank, to open desk for Petro (PTC), the famous oil-backed cryptocurrency in the country, according to a tweet posted by its local...

The UK Financial Conduct Authority (FCA) recently proposed a ban on the sale of crypto-derivatives in a bid to protect investors from sudden losses resulting from extreme volatility in the prices of cryptoassets. In a...

Russia is not planning on creating any special regulations separate from the ones that it is now thinking of introducing to cover the crypto industry, as a whole. As things stand, it will still not be possible to purchase...

U.S. policymakers are calling on Facebook to pause the development of its Libra cryptocurrency project in a new open letter addressed to the social media giants executives. It appears that these products may lend...

Social networking site Facebook is reportedly eyeing to obtain a cryptocurrency business license to use its recently unveiled cryptocurrency Libra in New York, according to Reuters. Crypto companies that plan to operate...

The governments of the Group of Twenty (G20) countries have officially lent support for the guidelines on cryptocurrency regulations detailed by the Financial Action Task Force (FATF). We reaffirm our commitment to...

Following the conclusion of the V20 summit, a group of national trade associations representing the local Virtual Asset Service Providers (VASPs) is planning to create an organization that will provide a global unified...