Central banks should develop a deeper understanding of the consequences of issuing a digital currency, according to a Bank of Japan official. Central banks should develop a deeper understanding of the consequences of issuing a digital currency, according to a Bank of Japan official. According to Reuters on Feb. 27, Bank of Japan Deputy Governor […]
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In implementing new Anti-Money Laundering policies, many countries automatically treat crypto transactions as high-risk. Recently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities. The first two months of 2020 saw many governments acting on these concerns and introducing a variety […]
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The co-founder and partner at Morgan Creek Digital was quick to respond to Buffett’s assumptions of cryptocurrency. Ever since Warren Buffett gave an interview in which he stated “I don’t own any cryptocurrency” and rebuffed the idea that there was any value in Bitcoin, responses from the crypto community and media outlets have been spreading […]
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As the coronavirus spreads to more countries, how will the crypto exchange deal with the epidemic’s effect on its offices? Every day there are new stories of travel disruptions and public gatherings in Asia being cancelled due to the threat of the COVID-19 virus, AKA the coronavirus. Cryptocurrency and traditional markets have also been affected, […]
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The Japan-based cryptocurrency exchange announced a 12th currency would soon be available for trading. Japan may be on its way to creating a state-issued digital currency, but local companies in the world’s third-largest economy can still innovate and provide some healthy competition. Coincheck, the crypto exchange based in the Asian nation, currently handles trading, selling, […]
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The senior Bank of England official believes that regulators must act quickly to prevent major tech firms from using stablecoins to dominate the payments sector. Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks […]
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Authorities in the 3rd-largest economy are meeting to discuss adopting a digital currency. With finance ministers and central bank governors having recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and Financial Services Agency (FSA) have held a number […]
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Blockchain is becoming a hot topic, but is it being effectively implemented around the world? Blockchain usage is exploding around the world. But despite the technology’s many vocal advocates, the spread of technology is never even. Adoption is limited by a number of factors, including infrastructure development, local resources and regulation. As happens with the […]
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The crypto exchange is planning to work on a joint project with the Japanese telecom giant to test digital currency in cafes. As the origin of cryptocurrency, Japan often leads the way when it comes to joint projects between companies in different fields, united by their desire to lead the pack in innovation. E-commerce giant […]
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The coronavirus and the crypto market rally: Is there a link between the two? Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts. Mati Greenspan, the founder of Quantum […]
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