Regulation
Japan Will Include CBDC In Its Official Economic Plan
The crypto space is growing rapidly and if these latest developments are to go by, mass adoption will happen in the next few years. The Japanese government is now getting...
Read moreChina’s Digital Yuan To Target Dollar, Not Bitcoin
China is expected to rival the US dollar with its forthcoming digital yuan. It is not targeting Bitcoin according to experts. After learning what it needs from the crypto space...
Read moreSouth Korea Tracking Crypto Transactions In The Wake Of Recent Scandal
According to the latest reports, the South Korean government agency aims to track down crypto transactions that were conducted on the dark web. These transactions were initiated by developing an...
Read moreSweden’s Central Bank Shows Some Devotion To CBDC
Sweden's central bank, Sveriges Riksbank, published a 98-page ‘Economic Review’ report. In that report, the central bank digital currencies, or CBDCs, were extensively discussed. Thus, it indicates that the country...
Read moreSupreme Court Curtails SEC’s Ability To Impose Punitive Fines On Crypto Operators
On June 23, the US Supreme Court ruled to limit the amount of fines that the Securities Exchange Commission (SEC) can exert on crypto and blockchain companies. Earlier, the SEC...
Read moreRipple Mentions XRP In India’s New Crypto Framework
On June 18, the major crypto firm Ripple released a set of recommendations for the Indian lawmakers to legalize digital assets. The American fintech firm proposed the policy framework amid...
Read moreBitcoin ATMs Encounter Tough Regulations Amid Money Laundering
The crypto landscape is continually changing. As more investors join the sector, scammers are finding more opportunities to fleece and exploit vulnerable and unsuspecting individuals. In that context, the global...
Read moreUK Government Seized $185 Million from Dormant Bank Accounts
The British government has seized funds lying in some dormant bank accounts to dedicate them to coronavirus relief efforts. The funds are worth approx. $185 million. Banks take initiative To...
Read moreRussia’s Sberbank To Launch 5,000 Blockchain-Enabled ATMs For $100M
Sberbank, Russia’s biggest bank, unveiled a $100 million deal. Official reports state the bank plans to operate almost 5,000 blockchain-enabled ATMs across Russia. The new initiative by the bank strives...
Read moreVisa Applies For An Ethereum-Powered Digital Currency Patent
Visa was among the Libra Association pioneer members before it abandoned the project due to increased government scrutiny. But, it seems the company was not done with the crypto world....
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