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.
Regulator De Nederlandsche Bank adopted the European Union’s Fifth Anti-Money Laundering Directive (AMLD5) in April 2020.
The U.S. Treasury Department is actively considering the benefits of a central bank digital currency, according to a ranking department official.
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.
2020 has not been the best year for digital currency exchanges, with over 70 shutting down in the first nine months of the year.
Digital signatures on the blockchain will be recognized and enforceable by the U.S. law if a bill brought before Congress is passed.
Ripple is considering moving their headquarters overseas to an area where blockchain and digital currency regulation is clear.
Arb Signals Limited said it is registered in Malta, but the country’s Financial Services Authority (MFSA) disputed the claim in a statement.
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.
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.
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.