A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.
U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users’ data from “exploitation.”
The Congressional hearings on Facebook’s Libra are likely to focus more on the company’s privacy failings than broad crypto policy questions.
Japan has set up a working group to examine the issues raised by Facebook’s Libra cryptocurrency project ahead of a G7 meeting this week.
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.
Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin’s mainstream moment.
Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.
China should revamp its plan for a national digital currency in the face of Facebook’s Libra cryptocurrency, says the central bank’s former head.
Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.
The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation” for the crypto industry.
Facebook reportedly said that current regulatory restrictions mean it has “no plans” to launch its digital wallet service and crypto in India.
North Carolina Lieutenant Governor Dan Forest has launched an initiative to study the “unique attributes and use-cases” of blockchain tech.
Facebook’s Libra cryptocurrency project threatens the stability of financial systems, according to South Korea’s Financial Services Commission.
Benoit Coeure of the European Central Bank has said projects like Facebook’s Libra require faster action from regulators.
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.
The U.K.’s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors.
Japan’s central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook’s Libra cryptocurrency.
The Winklevoss-owned cryptocurrency exchange Gemini is applying for a broker-dealer license from FINRA.
CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.