Dutch Central Bank Proposes License Requirement for Cryptocurrency Service Providers
In the Netherlands, cryptocurrency service providers will soon be required to obtain a license issued by the Dutch central bank Go to Source Powered by WPeMatico
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Russian Draft Bill Blocking Suspicious Financial Websites ‘Could’ Cover ‘Scam’ ICOs, Experts Note
Russia’s Parliament will discuss a bill on blocking suspicious financial websites — including those relating to financial pyramids — that may cover “scam” ICOs Go to Source Powered by WPeMatico
UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions
A digital currency meant for interbank transactions is being jointly developed by Saudi Arabia and the United Arab Emirates Go to Source Powered by WPeMatico
Chinese Central Bank Governor Defines STOs as ‘Illegal Financial Activity in China’
STOs have been underlined as “illegal financial activity in China” by the governor of the Chinese central bank Go to Source Powered by WPeMatico
Malaysia: Finance Regulator, Central Bank Say Cryptocurrency Regulation ‘Being Put in Place’
Regulator and central bank confirm Malaysia is pursuing crypto regulations Go to Source Powered by WPeMatico
Israel: Former PM Calls Crypto a ‘Ponzi Scheme,’ But Underlines Importance of Blockchain
Israeli ex-PM compares cryptocurrencies to Ponzi schemes, but underlines the importance of blockchain technology Go to Source Powered by WPeMatico
Nigeria’s Union Bank Reportedly Warns Against Crypto Transactions
Nigeria’s Union Bank reportedly warns that crypto transactions could lead to the closure of bank accounts in the country, as crypto “is not a legal tender in Nigeria” Go to Source Powered by WPeMatico
France: Central Bank Does Not Endorse Plans for Tobacco Shops to Sell Bitcoin
Plans for Bitcoin to be sold at French tobacco shops are apparently going ahead, despite complaints from the central bank Go to Source Powered by WPeMatico
Bank of Thailand Governor: Digital Currency Use Won’t Replace Cash for Three-Five Years
The governor of the Bank of Thailand revealed that the use of digital currencies would take three to five years to replace the use of fiat Go to Source Powered by WPeMatico
Singapore’s Central Bank Finalizes Regulatory Framework for Crypto Payment Services
Singapore’s central bank has finalized a new regulatory regime for payment providers, which brings certain cryptocurrencies under its jurisdiction Go to Source Powered by WPeMatico
