Government News

The idea of a digital currency with no central authority is in contradiction with any of the government’s policies. It is predictable that a lot of countries would come up with some regulations and rules to control the cryptocurrencies’ flows and exchanges.
Government cryptocurrency policies are very different in each country, even varying by region. For example, “Asian Tigers” have no regulations on crypto exchanges and only slight regulations on ICOs (South Korea is the only “Tiger” where ICOs are banned), but in China both ICOs and exchanges are illegal. In Europe, most of the countries don’t have any regulations on both ICOs and exchanges, so we can say they are in so-called grey area, even though every European authority has warned their citizens about the risks of using crypto. Government crypto news indicates that even democratic government cryptocurrency laws will change in more regulated way.

News
The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021.
Dubai financial regulator working on regulations for cryptocurrencies
Helen Partz
2021-01-19T10:13:53+00:00
5974
News
The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act.
Huobi Korea scores certification from Korea Internet and Security Agency
Helen Partz
2021-01-18T12:51:37+00:00
6976
News
Veteran financial advisor Neil Liversidge came to the U.K. Government and Parliament with a petition to ban crypto transactions.
British financial advisor calls on the gov’t to ban crypto transactions
Helen Partz
2021-01-15T17:00:53+00:00
21742
News
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN.
China’s blockchain project BSN to pilot global CBDC system in 2021
Helen Partz
2021-01-15T11:49:57+00:00
7037
News
Anatoly Aksakov of the Russian State Duma suggested that global jurisdictions should ban Bitcoin as a payment method.
Bitcoin bubble will pop sooner or later, says famous Russian BTC critic
Helen Partz
2021-01-15T08:42:34+00:00
11776
News
This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian.
Treasury backs down: Crypto monitoring rule will wait until new administration
Kollen Post
2021-01-14T14:49:38+00:00
12716
News
Jeju Island and blockchain company Iconloop are proceeding with a full rollout of their COVID-19 contact tracing app following successful pilots.
South Korea’s tourist hotspot launches DLT-based app tracing COVID-19
Helen Partz
2021-01-14T12:00:00+00:00
4097
News
Acting Comptroller of the Currency Brian P. Brooks is officially stepping down after eight months at the OCC.
New Comptroller of the Currency announced: Will he be as good for crypto?
Martin Young
2021-01-14T02:39:40+00:00
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