Bank of Japan publishes a CBDC report, to start pilot programs in 2021
The Bank of Japan believes that there’s a possibility of a surge in public demand for a CBDC, considering the rapid development of technological innovation.
Latest regulation News
Dutch central bank licenses first digital currency startup since crackdown
Regulator De Nederlandsche Bank adopted the European Union’s Fifth Anti-Money Laundering Directive (AMLD5) in April 2020.
US treasury official confirms ongoing central bank digital currency study
The U.S. Treasury Department is actively considering the benefits of a central bank digital currency, according to a ranking department official.
South Korea banks and lawmakers call for new digital currency legislation
The National Assembly Seminar for the Virtual Asset Business Law argued the laws were needed to protect revenues and help develop the fledgling digital currency sector in Korea.
Hacks, regulations, scams, lead 70+ exchange shut down in 2020
2020 has not been the best year for digital currency exchanges, with over 70 shutting down in the first nine months of the year.
Congress re-introduces bill to give blockchain records legal recognition in US
Digital signatures on the blockchain will be recognized and enforceable by the U.S. law if a bill brought before Congress is passed.
Ripple warns headquarters might relocate to ‘more friendly jurisdiction’
Ripple is considering moving their headquarters overseas to an area where blockchain and digital currency regulation is clear.
Malta regulator disputes Arbitly’s registration status
Arb Signals Limited said it is registered in Malta, but the country’s Financial Services Authority (MFSA) disputed the claim in a statement.
CoinGeek Live 2020: Regulating the digital assets industry is key to future growth
On Day 1 of the CoinGeek Live 2020, some of the leading minds in the legal industry discussed the regulation of the digital asset industry.
CoinGeek Live 2020: US Rep. Darren Soto talks balancing innovation and regulation for blockchain growth
In his keynote at CoinGeek Live, Congressman Darren Soto provided a better understanding of the balance lawmakers are trying to hit when it comes to optimizing innovation around blockchain and digital currency.
Blockchain bills pass House for US Senate approval
The laws take the form of an update to the Consumer Safety Technology Act, which encompasses both the Blockchain Innovation Act and the Digital Taxonomy Act.
Protecting investors vs. promoting innovation: A dilemma for Africa
The wait-and-see approach of most African governments is being challenged by the surge in adoption of digital currencies in the region.