IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector.
Japan who’ve been considering legal aspects of cryptocurrency for quite a time, finally made its mind and granted an alliance of 16 crypto-exchanges with regulatory rights over the industry.
The wider blockchain adoption is on a way to Japanese policy on taxation making the authorities facilitate a tax form filing for crypto-gains.
A growing number of banks have started to understand the power fo digital assets in moving money across the borders in a fast, cheap, and transparent manner.
The Australian Securities and Investments Commission views cryptocurrencies and crypto-related activities including ICOs as potential threats for traditional financial markets.
China is said to be developing most of the projects on private blockchain network with some centralized controlling authority.
With debate over the crypto regulation dominating the news, Mistertango – first crypto-friendly electronic payment provider, revealed that 88% of crypto exchanges, contrary to popular opinion, want regulation, seeing it essential for industry to mature.
A draft of Iran’s state-backed cryptocurrency project is ready, reveals the country’s National Cyberspace Center.
The Chinese authorities make new attempts to block the access to the overseas crypto trading platforms. Local websites and WeChat accounts accused of providing crypto trading or ICO services also get under the hammer.
A meeting involving the South Korean finance ministry reveals country’s intention to nourish cutting-edge industries accelerating an innovative growth.