G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra

G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook LibraThe G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed G20 Sets International Rules […]

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How the EU and 5 European Nations Regulate Cryptocurrency

How the EU and 5 European Nations Regulate CryptocurrencyLeading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators. Also read: Indian Supreme Court Postpones […]

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How 5 Asian Countries Regulate Cryptocurrency

How 5 Asian Countries Regulate CryptocurrencyThe Financial Stability Board has detailed how its member countries regulate crypto assets, who the regulators are, and the scope of their oversight. Most countries have more than one government body monitoring and regulating different aspects of crypto activities. Among the board’s Asian member countries, India is the only one with no legal mandate to […]

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Bitcoin Price Watch: Rise to $8,800 – $9,000 Soon to Follow?

Bitcoin has endured an impressive price hike. After yesterday’s short jump to approximately $8,300, the currency has seemingly increased by over $500, and is trading at just under $8,900. It’s a nice bit of news for crypto advocates, and the coin could potentially be trading at $9,000 in just a matter of days. One source goes so far as to suggest the bitcoin bear run may have reached an official end. Fundstrat’s Thomas Lee, which has remained a strong proponent of bitcoin and its ever-changing technology, states that the recent crash may have affected bitcoin, but was directed primarily towards

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France and Germany Urge Discussions on Crypto Policy at G20 Summit

France and Germany Urge Discussions on Crypto Policy at G20 SummitHigh ranking officials from France and Germany have issued a letter urging the finance officials of other nations to discuss the regulatory implications of cryptocurrencies at the upcoming G20 Summit. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors Leaders Call for “Trans-Boundary” Action Against Cryptocurrencies The letter is authored by the French Finance […]

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France Seeks Crypto Regulation Debate at G20 Summit

TheMerkle_UK Regulation BlockchainThe last few months have been filled with statements from financial regulators warning about the potential risks associated with trading and investing in cryptocurrency. Now, according to recent reports, the French Finance Minister believes that regulation of digital currencies is required at the level of the G20. Le Maire to submit proposal to future G20 President According to Reuters, Bruno Le Maire wishes to discuss efforts to regulate bitcoin and other digital currencies at the next G20 summit, which will take place in April 2018: I am going to propose to the next G20 president, Argentina, that at the G20 summit in April we

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