Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

Pakistan Government Not Against Crypto Investments, High Court Calls for RegulationsThe executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments […]

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Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency

Prime Minister of Vietnam Asks Central Bank to Pilot Digital CurrencyPham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. The efforts are part of the Asian country’s new e-government strategy. Cryptocurrency Highlighted in Prime Minister’s Decision Cryptocurrency is one of the […]

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Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF

Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETFBrazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to a letter sent by Hashdex to […]

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Vietnam’s Prime Minister Directs Central Bank to Strengthen Cryptocurrency Framework

Vietnam’s Prime Minister Directs Central Bank to Strengthen Crypto FrameworkThe Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Prime Minister’s […]

The post Vietnam’s Prime Minister Directs Central Bank to Strengthen Cryptocurrency Framework appeared first on Bitcoin News.

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Pakistan’s State Bank Hints at Potential Cryptocurrency Trading Crackdown

TheMerkle Pakistan State Bank CryptocurrenciesIt has almost become the new normal for banks to take a rather aggressive stance toward cryptocurrencies. That will not surprise anyone, although it is quite rare to hear Pakistan’s State Bank weigh in on these discussions. Although it is just a warning for the time being, it is possible we may see an official ban imposed on cryptocurrency purchases in the near future. Pakistan State Bank Isn’t Keen on Cryptocurrency Most financial institutions around the world have taken a negative stance toward Bitcoin and other cryptocurrencies. This is not entirely surprising, considering that this new form of money threatens the business models

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Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings

Vietnam Investigates Merchants for Accepting Bitcoin Despite WarningsVietnamese authorities have announced that they are investigating establishments that accept bitcoin for payments. This follows reports that restaurants and cafes are still accepting the digital currency despite the government warning that bitcoin is not a legal means of payment in Vietnam. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto […]

The post Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings appeared first on Bitcoin News.

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