A draft of an Indian national strategy on blockchain floats the idea of a central bank digital currency, the digital Indian rupee, and a national blockchain.
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.
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by Kollen Post
A New York judge has ordered that the four class-action lawsuits against Bitfinex for 2017 manipulation of the Bitcoin market are now one, though leadership rem...
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The Israeli Securities Authorities seeks public input to identify pain points in blockchain regulation and identify clear advantages to the sector’s development...
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Russian government-backed corporation Rostec intends to cut spending on the development of blockchain in the country by at least 50%.
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by Helen Partz
Oksana Markarova, Ukraine’s Finance Minister, names the local authority that will be able to track the sources of origin of crypto funds.
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by Jack Martin
Hawaii senators have introduced a bill authorizing banks to offer custody services to digital asset classes.
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Blockvest obtained a small victory in a case against an elderly couple accusing it of unlawful business conduct, but this may not matter in the long run.
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by Helen Partz
Former CFTC chairman J. Christopher Giancarlo has some new remarks regarding his Digital Dollar initiative, speaking in Davos.
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The Blockchain Association has filed an amicus curiae brief in response to the litigation against Telegram initiated by the SEC.
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Chinese experts held a seminar titled "Blockchain technology helps China's new social credit system" on Jan. 14.
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The Singapore government and 16 major trading and manufacturing companies have partnered to promote digitization of international trade.
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Six major central banks and the Bank for International Settlements jointly created a digital currency research group.
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by Helen Partz
A crypto advocacy group, the Chamber of Digital Commerce, provided its arguments on how a U.S. court should consider digital assets.
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The Turkish city of Konya, a major cultural and historical center of the country, is developing its own coin and blockchain ecosystem for public services.
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