Crypto News From Japan: Sept. 2–8
Read selected blockchain and cryptocurrency news from Japan, courtesy of Cointelegraph Japan Go to Source Powered by WPeMatico
Government
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Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term Go to Source Powered by WPeMatico
China’s National Crypto Similar to Libra, Central Bank Official Says
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty Go to Source Powered by WPeMatico
NSA Working to Develop Quantum-Resistant Cryptocurrency: Report
The NSA is pursuing the development of a quantum-resistant cryptocurrency, as reportedly revealed during the Billington CyberSecurity 10th annual summit in D.C. Go to Source Powered by WPeMatico
Bitcoin Price Stable Compared to Pound Sterling During Brexit Debacle
Analysts argue that a no-deal Brexit will expose the vulnerability of major global fiat currencies Go to Source Powered by WPeMatico
Burundi Bans Cryptocurrency Trading Due to Lack of User Protection
The Republic of Burundi has banned crypto trading in the country following a request from the public Go to Source Powered by WPeMatico
Marshall Islands Launches National Crypto With ‘Fixed Supply’
The digital currency will have a fixed, tamper-proof money supply, with growth predetermined at 4% per year Go to Source Powered by WPeMatico
Ripple Hires Congressional Assistant as Government Relations Manager
Ron Hammond, a former legislative lead for the Token Taxonomy Act, announced that he is now the new manager of government relations for Ripple Go to Source Powered by WPeMatico
Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. Also read: Crypto Can Boost Indian … Read more
Crypto Needs Less Government Regulation – Not More
A recent opinion article by Peter Lin, “Why Regulation Is The Best Thing For Crypto,” presents common arguments on why the state and state-affiliated institutions should administer cryptocurrency. Underlying the arguments is an assumption: the free market cannot provide necessary standards for crypto and the state must step into the void. Also read: Why the … Read more