The Italian prime minister, Matteo Renzi, has taken the all-time risk of pledging to resign after a negative result of a referendum on a constitutional reform which could make it easier for the government to pass laws without unnecessary delays.
Two more West African countries - Benin and Togo - have joined the list of countries to have their own cryptocurrencies controlled by central banks following the pioneers of the initiative - Tunisia and Senegal.
The governor of the Bank of Japan expressed the potential of Blockchain and distributed ledger technologies in modern economy development at the International Financial Forum, held in Tokyo on Monday, December 5.
While most Bitcoin users in Russia prefer to hide their interest in cryptocurrency, because of the unclear outlook on cryptocurrency regulation, the head of Russia’s largest bank – Sberbank – has confirmed that he has exchanged some of the Bitcoins he had into fiat money.
In Canada the major problem for local cryptocurrency exchanges is banking. This issue has booted major Bitcoin exchanges like Kraken, Coinsetter/Virtex, and Coinbase from Canada. Taurus, Coinsquare and QuadrigaCX are still working in the jurisdiction of Canada.
The Portable Bitcoin ATM presented by LocalBitcoins in October 2016, may cause MSB compliance issues. In a conversation with CoinIdol.com, Anti-Money Laundering specialist Joe Ciccolo advised potential consumers to heed four warnings before they begin doing business with the portable Bitcoin ATM (BTM).