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Bank of Spain governor thinks blockchain is immature but shows promise, and writes crypto off as too volatile and prone to money laundering use Go to Source Powered by WPeMatico
Mitsubishi Group and a Singapore bank complete cross-border payment using major Thai bank Krungsri’s blockchain tech Go to Source Powered by WPeMatico
Poland’s Finance Ministry scraps its current crypto tax policy, admitting it may make traders pay “an amount often exceeding the funds invested” Go to Source Powered by WPeMatico
Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency … Read more
Today’s Bitcoin in Brief features several examples of harnessing crypto and blockchain technologies to improve quality of life around the world. The United Nations is involved in a crypto-funded project to power Moldova’s Technical University with solar energy. Initiatives in Malta and India will employ blockchain technologies to create more reliable public transportation and land … Read more
Chilean Central Bank president is mulling over crypto regulation, following three crypto exchanges’ request for a clear position after closure of their banks accounts Go to Source Powered by WPeMatico
Zimbabwe’s central bank orders financial institutions to cease servicing crypto-related accounts within 60 days Go to Source Powered by WPeMatico
European crypto industry says to regulators: let us “know where we stand” with comprehensive and fair rules Go to Source Powered by WPeMatico
Assuming Bitcoin has a one percent chance of being successful at becoming a global currency, it would not be absurd to consider investing one percent of a given central bank’s foreign exchange reserves Go to Source Powered by WPeMatico
RBI’s ban on crypto-related banking services has been challenged again. Maharashtra-based Flintstone Technologies has turned to the High Court in Delhi to seek withdrawal of the April 6 circular issued by the Reserve Bank of India, calling it “arbitrary, unfair and unconstitutional.” The company points out that the central bank has not provided any reasons … Read more