A French financial regulator has proposed to ban privacy-focused cryptocurrencies. The head of the Finance Committee of France’s National Assembly, Eric Woerth, is suggesting a ban on anonymous cryptocurrencies, or so-called privacy coins. Woerth expressed his position in a recent report on crypto assets and blockchain technology. In a forward to the report, Woerth considers […]
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Cryptocurrency marketс see modest gains and losses, with Bitcoin struggling to stay in the green. Thursday, March 7 — cryptocurrency markets have recorded moderate gains and losses on the day, with Binance Coin (BNB) being the major gainer on the day, according to Coin360. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) started the […]
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Israeli securities regulators published their final recommendations for crypto regulation, offering to create a platform for trading cryptocurrencies. The Israel Securities Authority (ISA) has published its final report on cryptocurrency regulations, local financial newspaper Globes reports Thursday, March 7. A special committee formed in 2017 to develop proper regulations for cryptocurrencies has presented its report […]
Continue ReadingSetl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. The insolvency notice was filed on March 7 with U.K. authorities. Credit Agricole is reportedly the world’s largest cooperative financial institution, headquartered in […]
Continue ReadingRussia’s Duma Committee on Financial Markets wants to establish an identification process for users of digital assets. Russia’s Duma Committee on Financial Markets is considering the adoption of a mandatory identification process for users of digital assets, local news service Izvestia reports on March 7. The committee chairman, Anatoly Aksakov, revealed that the authority is […]
Continue ReadingMalaysia’s financial regulator wants feedback from the public about ICOs and crowdfunding regulatory frameworks. The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6. […]
Continue ReadingEastern Caribbean Central Bank to issue Digital Eastern Caribbean Dollar in partnership with Medici portfolio firm Bitt. Bitt, a portfolio firm of Overstock’s blockchain firm Medici, has partnered with the Eastern Caribbean Central Bank (ECCB) to pilot central bank digital currency (CBDC). Overstock announced the news in a press release on March 6. Barbados-based Bitt […]
Continue ReadingLast month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]
Continue ReadingBahrain has invited Indian companies to its fintech sandbox in a bid to promote new technologies in the region. Bahrain has invited Indian companies to its fintech sandbox in a bid to facilitate the development of blockchain technology in the region, The Economic Times reported on March 3. Bahrain has reportedly proposed a range of […]
Continue ReadingThe Bahamas central bank will work with NZIA.io and Singapore-based Zynesis to develop the digital fiat currency project. The Central Bank of the Bahamas has announced its key collaborators for the development of a digital fiat currency system in the island country, according to an official document released on March 1. Called “Project Sand Dollar,” […]
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