Dec 30, 2019 at 09:16
Bahamas Set to Launch its own Cryptocurrency, the Sand Dollar
According to the latest reports from the Bahamian government, the country's central bank has moved to launch the country's first bank controlled digital currency. The digital currency dubbed the Sand dollar will be distributed and controlled by the Central bank itself.
Dec 23, 2019 at 15:35
South Korea to Roll Out Blockchain-based Local Currency
The general situation on blockchain technology and cryptocurrency in Korea is on the rise and developments look to be unstoppable. The country is now working on developing a blockchain-based local currency that works like Bitcoin and other real DLT-based cryptocurrencies.
Ex US Congressman Calls for Blockchain and Cryptocurrency Regulations
Former United States Democratic Congressman from Tennessee’s 9th congressional district Harold Ford Jr. has suggested that Washington should try to avoid half-measures as far as cryptocurrency legislation is concerned. A successful financial managing director believes that the government has been slow to react to the cryptocurrency and blockchain industry, and thinks that this might damage innovation in the future.
Italian Government Agency to Regulate ICOs and Cryptocurrency Startups
The Italian Companies and Exchange Commission (CONSOB), a government agency that regulates the securities market, has started a process that should lead to regulatory intervention for Initial Coin Offerings (ICO) and cryptocurrency exchanges. But the final decision on blockchain-related operations lies with the government and Parliament.
Blockchain Technology to Help in Rental Reform in Malta
Malta plans to use a Blockchain-based approach to register rental agreements, according to Prime Minister Joseph Muscat. As the government is trying to bring new rent reform, an announcement has been made that the reforms are going to be completed soon, where all rental agreements will be properly registered on an effective Blockchain network. Malta has for long been considered as a blockchain hub in Europe and the world at large.