Canada is making the move, exploring how to regulate the myriad of possibilities in the cryptocurrency realm.
In a report by the Bank of France, officials are hoping to implement some drastic legislation that will seriously hinder the advancement of the digital currency in the country.
It’s no surprise that Israelis are jumping to embrace cryptocurrency and its underlying technology—blockchain—despite the government pulling back the reins.
At this point there was no need for further cryptocurrency regulation since the total turnover of these currencies have very little, if any, effect on the current financial markets as they are, according to FSB President Mark Carney.
The Thailand cabinet approved in principle the draft of two royal decrees on cryptocurrencies and ICOs. These drafts are not to ban but regulate the use of cryptocurrency and ICOs in the country.
Christine Lagarde echoes the Dutch finance minister’s statement that cryptocurrency regulation warrants international cooperation.
Finance Minister Wopke Hoekstra says regulation must be created with an international approach, otherwise enforcement is impossible.
Majority of Finnish banks now say they don’t want to do business with Finnish cryptocurrency exchange and wallet Prasos Oy.
Two crypto trade groups in Japan have agreed to create an organization that will self-regulate the cryptocurrency market.
With the legislation, Mexico is one of a handful of countries that has taken an official position regarding cryptocurrency.