Discussing cross-blockchain protocol that enables the use of ledgers in an interoperable bundle. The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator […]
Continue Reading
“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Ryozo Himino, the new commissioner of Japan’s Financial Services Agency, says the agency is wary of deregulating private cryptocurrencies. Noting that the COVID-19 pandemic could accelerate the transition to a cashless society, Himono instead emphasized the potential role […]
Continue Reading
The leaders in this week’s policy news focus on some case studies in power accumulation that more than anything show why decentralization tech matters. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The concept of monopoly will reign in today’s Law Decoded. […]
Continue Reading
Discussing the reasons for why we need a blockchain estate registry and the constraints of the technology. Since 2015, the blockchain industry has generated a variety of economic concepts and supported them with relevant technologies: initial coin offerings, initial exchange offerings, security token offerings, data access object, permissioned ledgers, stablecoins, decentralized finance, etc. In a […]
Continue Reading
Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — […]
Continue Reading
Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level? Within the last hour Bitcoin (BTC) price broke out of its sideways range to briefly push above the $9,500 level. The move comes after a slight uptick in daily trading volume since Monday (July […]
Continue Reading
Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance […]
Continue Reading
Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days. Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic. Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences […]
Continue Reading
The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax […]
Continue Reading
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team. The Bank of Japan announced on July 20 that it had formed a new team to accelerate research into the feasibility of central bank digital currencies (CBDC). The team takes over […]
Continue Reading