Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities. Go to Source Powered by WPeMatico
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Hong Kongers use blockchain to save evidence of anti-authoritarian struggles
Hong Kong citizens are using a blockchain system to fight back against the government’s attempts to erase and overwrite the history of recent years’ anti-authoritarian struggles. Go to Source Powered by WPeMatico
Canadian regulators accuse crypto exchange of breaking securities law
Canada’s OSC continues to take action against allegedly non-compliant cryptocurrency trading platforms after announcing new compliance measures in March. Go to Source Powered by WPeMatico
Coinbase recruits former White House adviser to new policy role
With expansion comes a greater focus on policy and regulatory issues. Coinbase’s hire comes with decades of experience in the public and private sectors. Go to Source Powered by WPeMatico
Russian officials consider partial lift on crypto payment ban
Some Russian officials want to allow cryptocurrencies for payments under domestic contract law. Go to Source Powered by WPeMatico
Bank of Korea seeks tech partner to build central bank digital currency
South Korea’s state digital currency pilot is scheduled to run from August to December 2021. Go to Source Powered by WPeMatico
Fed will issue discussion paper on benefits and risks of CBDC, says Jerome Powell
“Irrespective of the conclusion we ultimately reach, we expect to play a leading role in developing international standards for CBDCs,” said the Fed chair. Go to Source Powered by WPeMatico
US Treasury proposes crypto transactions over $10K be reported to IRS
Saying crypto posed “a significant detection problem by facilitating illegal activity,” the government body specifically mentioned crypto businesses were in its crosshairs. Go to Source Powered by WPeMatico
US Fed, OCC and FDIC to set up interagency team for crypto regulations
American financial regulators are considering establishing an “interagency policy sprint team” to address fragmented cryptocurrency regulations. Go to Source Powered by WPeMatico
New bill would require candidates in Russian elections to declare crypto
The bill must still go through two readings in the Duma before going to the Federation Council. Go to Source Powered by WPeMatico