China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020. Go to Source Powered by WPeMatico
Regulation
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Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. Go to Source Powered by WPeMatico
Attorney Ordered to Pay $5.2M for Releasing Bitcoin Funds From Escrow
A NYC attorney has been ordered to pay a crypto investment firm more than $5M after prematurely releasing most of its funds set aside to buy Bitcoin. Go to Source Powered by WPeMatico
BitMEX Moves to Compulsory ID Checks for All Customers
BitMEX will launch a user verification program to create a more trusted and secure trading environment. Go to Source Powered by WPeMatico
US DoJ Seizes Millions in Crypto Funds From Al-Qaeda and ISIS Networks
Justice Department announces the largest ever seizure of terrorist-bound crypto assets today in Washington, DC. Go to Source Powered by WPeMatico
Craig Wright Apparently in No Hurry to Pay $60K for Failed Suit
According to the Norwegian Hodlnaut, it seems that Wright is ignoring his legal obligations following a failed legal battle. Go to Source Powered by WPeMatico
Ireland Will Transpose Latest EU Anti-Money Laundering Rules Into National Law
Irish crypto firms will face stricter obligations after the country belatedly adopts the latest EU anti-money-laundering rules. Go to Source Powered by WPeMatico
New Bill in Germany Proposes to Digitize Securities With Blockchain
The arrival of digitized securities is one of the core aspects of the federal government’s blockchain strategy, German authorities say. Go to Source Powered by WPeMatico
Crypto Exchange UpBit Scores Full Deck of Licenses From Thai SEC
South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand. Go to Source Powered by WPeMatico
One Million South Koreans Now Have Blockchain Drivers Licenses
The program was only launched in May but already one million South Koreans have opted for a blockchain based license. Go to Source Powered by WPeMatico
