Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition. Several experts from various European banks agreed that even a proof of concept for a digital euro is four or five years away. In a panel on Monday called “Upgrading Money to the Digital Age: Introducing […]
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What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers? How can you easily, securely store and exchange cryptocurrencies? By using a platform that has a carefully cultivated reputation for keeping digital assets safe. Crypto platforms are emerging that aim to make cross-border payments […]
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Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses. Bitconic, a Netherlands-based Bitcoin (BTC) exchange, has informed its users that they now need to comply with a new verification measure in order to continue to use their services. The change comes following new […]
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The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash. In an announcement published on Nov. 9, U.K. Treasury Chancellor […]
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Everyday investors in the Netherlands can now invest in crypto, thanks to company’s new registration. Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union’s 5th Anti-Money Laundering Directive, or AMLD5. “BLOX is the first consumer-focused cryptocurrency company that […]
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With the election taking all the air out of the room, we look at what new appointments at the DoJ could mean. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Are you over the election? I’m over the election. But you can […]
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Analysts have been categorizing blockchain projects worldwide into a “periodic table” that allows for a granular analysis of the technology’s inroads into global trade. The World Trade Organization and Trade Finance Global have published their latest taxonomy of blockchain projects in international trade, arranged into what they present as a “periodic table” for the industry. […]
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The British Overseas Territory is making steps towards bringing blockchain adoption into the mainstream. The Government of Gibraltar has announced its official appointment as an observing member of the Global Blockchain Business Council, or GBBC. It will be working alongside blockchain industry leaders from more than 50 countries. According to the announcement, Gibraltar expects to […]
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We are now starting to see the crossover of regulation in the digital asset market and digitalization of the traditional market. From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a significant driver for change in global financial markets. Cryptocurrency exchanges started […]
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Bundesbank seems to be coyly flirting with blockchain technology. According to a public notice published in the Supplement to the Official Journal of the European Union, Ocean Protocol, a Singaporean non-profit foundation, was hired to create a decentralized network for Germany’s Bundesbank. The central bank said that the Ocean protocol, which is a project of […]
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