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China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
Cash Crisis: National Currencies Plunge in the Wake of Coronavirus
24.3.2020
Announcing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets "in the amounts needed," signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.
The post...
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Coinbase’s Chief Legal Officer Resigns to Oversee US National Banking System
16.3.2020
Coinbase’s chief legal officer is designated by Treasury Secretary Steven Mnuchin to serve at major position at the Office of the Comptroller of the Currency
Donald Trump Declares National Emergency; Will National Assistance be the Savior?
14.3.2020
These days, the two words that are resonating throughout the world are “Coronavirus” and “Stock Market” and interestingly, both of these have an inverse relation. The novel COVID’19 is spreading at the speed of light and has lethally affected the worldwide markets after years of Bull Run....
US Charges Dutch National With Running Crypto-Funded Child Porn Site
12.3.2020
U.S. officials allege a Dutch national referred to as “Michael R.M.” made $1.6 billion in bitcoin by operating a rape and child pornography website for the last eight years
South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
7.3.2020
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global...
Japan’s National Police: 537 Arrests for Money Laundering in 2019
6.3.2020
Anti-money laundering laws and regulations may be responsible for increasing the number of reports of illicit transactions in Japan
Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
24.2.2020
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains
National Stock Exchange of Australia Plans DLT Platform to Compete with ASX
20.2.2020
National Stock Exchange of Australia owner NSX Ltd. and financial institution iSignthis are forming joint venture to offer a digital securities trading platform
US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security
20.2.2020
New US Bitcoin mining outfit Layer1 has launched operations and aims to ‘repatriate’ 30% of the hash rate for the sake of ‘national security’
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response
16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...
US Intelligence Officials Are Funding Research on Dollar-Crushing ‘Black Swan’ Events
14.2.2020
The Office of the Director of National Intelligence wants to sponsor a post-doc researcher to study what would happen if the U.S. dollar lost its status as the world’s reserve currency
Egyptian National Bank Turns to Blockchain to Boost Remittance Business
12.2.2020
Ripple has onboarded the National Bank of Egypt to its blockchain powered cross-border payments network, RippleNet
Australian Government Eyes Business Benefits in New National Blockchain Roadmap
10.2.2020
The Australian government has unveiled a new push for blockchain innovation in an updated national roadmap released Friday
Australia to Release National Blockchain Roadmap After Year of Preparation
6.2.2020
The Australian government is releasing its national blockchain strategy on Friday, Feb. 7
Indian Government Policy Think Tank Releases National Blockchain Strategy
3.2.2020
Indian policy think tank NITI Aayog explains the need for blockchain in the country in its newly published strategy document
Cambodia Launches Blockchain-Based National Payment Gateway
31.1.2020
In a few months, Cambodians might be able to start using a blockchain-based "national payment gateway."
Chea Serey, the director-general of the National Bank of Cambodia, told The Phnom Penh Post that peer-to-peer payment and money transfer platform dubbed ‘Project Bakong’ was launched on a trial...
The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter
31.1.2020
Leading the way for a practical CBDC is — Cambodia
Cambodia Readies a Blockchain-Based Digital Currency
30.1.2020
Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the first fiscal quarter of this year