The Italian senate has approved amendments to legislation which introduces blockchain terms into existing laws, marking the first significant steps from the government towards regulation for the blockchain sector.
The Institute for Development and Research in Banking Technology has issued a blueprint of blockchain technology for the banking sector of India.
Cryptocurrency is meant to be a global currency. However, when it comes to regulating the space, it is obvious that there is no global consensus. The U.S. appears to be addressing the space in one manner, while the European Union is formulating its own plan.
An official recommendation has been made to the Nethelands that would introduce a licensing system, effectively ending anonymous crypto trading.
The South African Reserve Bank has issued a consultation paper that gave a detailed assessment of the benefits and risks of cryptocurrencies.
The year has been quite active for the crypto community in Africa. More start-ups continue to emerge, and politicians are taking up these new technologies.
Tom Emmer has re-introduced a bill that would protect digital currency traders from money transmission laws.
The Chinese government will be implementing new regulations for blockchain companies starting February 15.
In a document designed to inform policymakers, the European Securities and Markets Authority (ESMA) suggested that current regulatory gaps should be addressed by the EU Commission.
Overseen by the Ministry of Finance, the first licenses have been issued to four cryptocurrency exchanges, with two rejected and a further license application still in the balance.
The financial regulator in Japan is planning a new round of regulation for the crypto sector, this time targeting firms currently operating on an unregulated basis.
A bill has been filed in the Colorado General Assembly that would limit initial coin offerings’ (ICOs’) coverage by securities regulations.
