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Category Archives: Regulation

South Korea Passes Comprehensive Crypto Law

Mar 8, 2020

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The South Korean National Assembly has introduced an amendment to its financial services act that will significantly improve the legal infrastructure for the crypto industry in the country. According to a report from The News Asia, the amendment to the Act on Reporting and Use of Spe...

New Bank of England Governor Says Bitcoin Hasn’t Caught on

Mar 6, 2020

The attitude of central banks towards cryptocurrencies has never been overwhelmingly positive, with many regulators warning about the dangers of the new asset class. The future governor of England’s central bank was the latest to share his thoughts on cryptocurrencies, saying that he believes th...

India’s Supreme Court Lifts Crypto Ban

Mar 4, 2020

The Supreme Court of India has overturned a ban on cryptocurrency trading in India, effectively legalizing cryptocurrencies in the country.  According to a report from Bloomberg, a commission of three judges, led by Justice Rohinton F. Nariman, ruled that the ban on cryptocurrency tr...

BIS: To Succeed, CBDCs Need to Focus on Convenience

Mar 3, 2020

While tokenizing national currencies could be the solution to the world's financial woes, central bank digital currencies (CBDCs) need to compete with both cash and payment operators such as Visa and PayPal.  This is the main take from the quarterly report from the Bank for Internatio...