Political and Law news

Political attitude and new laws about using cryptocurrency and Blockchain technology

Jun 15, 2018 at 11:56
Cryptocurrency Trading was Illegally Banned by India’s Central Bank, No Answers Yet
The Reserve Bank of India replied to an enquiry looking for explanations for its rationale to proscribe banks from dealing with the cryptocurrency industry and acknowledged that it did not conduct any research anterior to its precludable action.
Jun 08, 2018 at 12:05
South Africa’s Central Bank Flourished in Blockchain Payment Trail
The Central Bank of South Africa disclosed flabbergasting outcomes on Tuesday for a particular trial of its blockchain-based system for interbank clearance and settlement.
Jun 08, 2018 at 10:54
Scam Doctor: Belgian Government Launches Crypto Scams Warning Website
The Belgian government is giving full support to a website that is created to warn all cryptocurrency investors about the rising potential for fraud. The website is dubbed “Too Good to Be True.”
May 23, 2018 at 15:55
Bank in Argentina Becomes the First to Accept Bitcoin as an International Payment Option
Popular banking institution Banco Masventas (BMV) has recently announced in a statement that it has enabled customers to use bitcoin as an international payment option. As the bank revealed, clients can send virtual coins to more than 50 countries using Bitex.
May 22, 2018 at 12:47
Norwegian Central Bank Developing Plans to Move to Cashless Society
The Central Bank of Norway, Norges bank, last week published a paper on Central Bank Digital Currencies (CBDCs) done by a working group as an eke out to cash in order to ensure confidence in money and the monetary system according to a working paper May 18.
Feb 15, 2018 at 16:06
South Africa Considers JP Morgan’s Blockchain Tech to Incorporate in Banks
The South African Reserve Bank announced on February 13 that it is working with the Brooklyn-based Ethereum startup ConsenSys on a trial program using JP Morgan’s open source blockchain platform Quorum. It will help to deal with interbank clearing and settlement.
Feb 14, 2018 at 17:10
Thailand’s Central Bank Asks All Local Banks to Avoid Dealing With Cryptocurrencies
The Bank of Thailand has released a circular appealing to banks to avoid dealing with any business involving cryptocurrencies, as their suspicion of digital currencies grows into a real fear of the possible problems with trading in an unregulated financial market.
Feb 12, 2018 at 14:52
The Head of the Chechen Republic has Decided to Buy Bitcoin
The Head of the Chechen Republic and a former member of the Chechen independence movement, Ramzan Kadyrov, has announced on Twitter his intention to buy a share of Bitcoin. He has not mentioned the amount of investment but he did admit that the money could be lost.
Feb 06, 2018 at 18:36
Breaking News: China and Hong Kong to Hunt Down All Cryptocurrencies
Update: it is possible that the letter mentioned in this article came from fake or hacked email, and its author had intentions to manipulate prices of cryptocoins on the market.
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