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PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules
14.12.2019
PayPal sues U.S. Consumer Financial Protection Bureau for allegedly confusing rules regarding digital wallets
Swiss Government Doubts E-franc Project Validity
14.12.2019
The National Swiss Bank and the government has withdrawn its support to the central bank’s highly anticipated project on the e-Swiss franc, stated the statement released by the finance department of the country on Friday. This shocking statement has created a lot of chaos in the Swiss territory...
Sweden's Central Bank to Partner with Accenture to Launch E-Krona
13.12.2019
Sweden’s central bank is making plans to create a pilot platform for a digital currency known as the e-krona
France Announces €2.5 Billion Worth “Choose Africa” Project for African SMEs
13.12.2019
The French government is all set to support Africa in becoming one of the world’s biggest ground for investment and capital development. The country broke the news on Friday that it has entered into a widescale free trade area agreement with the African continent to boost the business opportunities...
Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits
13.12.2019
The Swiss government has quashed the idea of offering a digital currency, saying it currently presents more problems than opportunities
‘New Risks’: Swiss Government Skeptical on Central Bank Digital Currency
13.12.2019
A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government
Iran, Hong Kong, India: Failed Protests Point to Need for Crypto-Anarchy ‘Second Realms’
13.12.2019
What is the second realm? It’s both an abstract and concrete “place” parallel to here, where temporary autonomous zones (TAZ) provide a chance to escape the burning surveillance spotlight of the state and brutal law enforcement culture, and allow for at least temporary exercises...
Government of Abkhazia to Intensify Identification of Crypto Mining Farms
12.12.2019
Abkhazia looks to crack down on illegal cryptocurrency mining
From Health Care to Mining, Central Asia Stays on the Blockchain Beat
12.12.2019
Crypto and blockchain adoption appears to be gathering steam in Central Asia
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator
11.12.2019
The Swiss Financial Market Supervisory Authority warned that blockchain exacerbates the country’s money laundering risks
FinCEN Director Notes Improved Oversight of Cryptocurrency Industry
11.12.2019
FinCEN’s director says increased adoption of reporting guidelines for crypto businesses has led to an uptick in the number of suspicious activity reports filed
Three Men Arrested for Running Alleged $722 Million Crypto Ponzi Scheme
11.12.2019
New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzie Scheme
China Releases Year-End Crypto Rankings
10.12.2019
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China...
The Marshall Islands’ National Crypto Was Inspired by Work of Block.One
10.12.2019
After examining SOV’s white paper, Cointelegraph has confirmed with developers that the Marshall Islands’ cryptocurrency was inspired by EOS
A Reality Check: Blockchain and DLT in International Trade
9.12.2019
Would blockchain help to bring global trade to a digital era? An overview of a new TFG’, WTO’ and ICC’s study
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...
South Korean Government Falsified Report Claiming 10% Tax on Crypto Transactions
9.12.2019
The Ministry of Finance of South Korea has put an end to the speculations and claims that were hovering over the Korean crypto industry in the past few weeks by refuting the report that stated that the regulatory authority had imposed 10% income tax on cryptocurrency investments. Cryptocurrencies...
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
9.12.2019
Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea’s Ministry of Economy and Finance has confirmed
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...