China files 84 patents for central bank digital currency
Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC.
Trump administration to release new FinCEN requirements for cryptos, Mnuchin tells Congress
U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday that the U.S. Financial Crimes Enforcement Network (FinCEN) is set to release new requirements related to cryptocurrencies.
Italy’s Securities Regulator Shuts Down 8 Crypto Trading and Foreign Exchange Sites
Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites.
Fed chair Powell says Facebook's Libra 'really lit a fire' on the question of a digital dollar
"We’re working hard on it, we have a lot of projects going on, lot of efforts going on on that right now."
Trump’s 2021 Budget Proposal Seeks to Optimize Crypto Policing
U.S. President Donald Trump’s $4.8 trillion budget proposal for FY 2021, released Monday, seeks to expand the Treasury Department’s cryptocurrency oversight by returning the United States Secret Service, now a division of the Department of Homeland Security, to its jurisdiction.
China’s CBDC ‘will not necessarily be related to blockchain initially’
Earlier this month on Twitter, Ethereum co-founder Vitalik Buterin posed the question of whether transactions using CBDCs, such as the one recently proposed by China, would be cryptographically provable.
Fearing ‘Currency Struggle,’ Japanese Politicians Want G-7 Response to China’s Digital Yuan
Japanese politicians are calling on G-7 members to respond to China's planned digital yuan by collaborating on digital currency research.
Southern Indian State to Launch Dedicated Blockchain Incubator
The southern Indian state of Telangana is to launch a dedicated blockchain incubator.
A bitcoin ETF won't be approved in the U.S. this year, most 2020 Outlook survey respondents say
A significant majority of those who took part in The Block 2020 Outlook Survey don't believe U.S. regulators will approve a bitcoin exchange-traded fund (ETF) this year.
Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm
Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.
BOJ must be ready to issue digital currencies: deputy governor Amamiya
The Bank of Japan must be ready to issue digital currencies if rapid technical advances in settlement systems boost public demand, its deputy governor said, leaving open the chance of issuing central bank digital currencies (CBDC) in the future.
Singapore Announces New AML Rules for Crypto Businesses
The Monetary Authority of Singapore (MAS) is updating its regulatory framework for digital payments.
UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License
A company that provides financial services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.'s Financial Conduct Authority (FCA).
Bank of England’s Stablecoin Ruling Targets Financial Stability, Exec Says
Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
WEF Launches Global Consortium for Crypto Governance
The World Economic Forum has created an international consortium to design a governance framework for cryptocurrencies, including stablecoins.
U.S. regulatory uncertainty is the biggest issue for crypto firms, research interviews show
Interviews of crypto firms conducted by The Block shows – perhaps unsurprisingly – that regulatory uncertainty in the U.S. remains the top barrier for companies working in the crypto and digital asset space.
Digital currencies, though useful, cannot be private: Bank of France’s Villeroy
Digital currencies are increasingly being viewed as a reliable alternative off-late. Be it U.S-Iran tensions or the economic slowdown in developing countries, people are now curious about cryptocurrency and its use cases.
Japan ruling party lawmakers to float idea of issuing digital currency
A group of ruling party lawmakers are working on a proposal for Japan to issue its own digital currency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook’s Libra and China’s drive to create a digital yuan.
Central banks are pursuing 'extensive work' on digital currencies, BIS researchers say
Researchers for the Bank of International Settlements (BIS) said in a report published Thursday that the world's central banks are "undertaking extensive work on central bank digital currencies."
Central Banks ‘Waking Up’ to Digital Currency
The past six months have been a wake-up call for some central bank policy-makers. Central bank digital currency (CBDC) has risen to prominence as a potential solution to multiple challenges such as financial inclusion and payment‑system efficiency. But due in part to the market-moving nature of central bank announcements, the majority of research and experimentation is done independently, behind closed doors.
Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley
Bitcoin fork BTCU is scheduled for July 7
Monero Hacker Group ‘Outlaw’ Is Back and Targeting American Business
IOTA Foundation Suspends Network, Probes Fund Theft in Trinity Wallet
‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
Bitcoin mining hardware maker Canaan's stock price surges more than 80%
Mykola Udianskyi compares bitcoin with oil and gold
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Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks
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