People’s Bank of China Released A New Warning Calling ICOs and Cryptocurrencies as “Harmful”
The People’s Bank of China (PBoC) issued a new warning to its citizens regarding Initial Coin Offerings (ICOs) and crypto coins, in general. ICOs have been banned on Chinese territory for more than a year, and activities related…
Korea Blockchain Enterprise Promotion Association Demands Cryptocurrency Regulations, Including Blockchain And ICOs
The newly formed Korea Blockchain Enterprise Promotion Association has urged the South Korean Government to adopt cryptocurrency regulations and to legislate the blockchain technology across the country, according to the local Korea Joongang Daily press agency. The blockchain…
Cryptocurrencies Are As Good As Money, According To The European Parliament
Cryptocurrencies are being carefully explored by financial regulatory authorities and governments all over the world. They are a novel innovation that is reshaping the world’s economy and financial market, and governments must learn how to include cryptocurrency in…
Reserve Bank of India (RBI) Urges Indian Authorities To Adopt Cryptocurrency Regulations
India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to adopt cryptocurrency regulations, reports a local media agency, Financial Express, on July 21st. In April of this year, the RBI announced that…
Japan Renews Its Regulatory Bodies That Deal With Cryptocurrency And FinTech
Japan has overhauled its financial regulator, the Financial Services Agency (FSA), to deal more effectively with information technology-related areas, including cryptocurrency, the Nikkei Asian Review news media announced yesterday. Several offices underwent changes to adapt the organization to…
Cryptocurrency Regulations: Bank Of England Criticized For Falling Behind
The UK Treasury Committee, during the Digital Currencies meeting held on July 4th, criticized the Bank Of England of falling behind the cryptocurrency regulations worldwide. However, government and bank’s officials described the allegations as unsubstantiated and claimed that there are plans…