UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based…
G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.
Fed Chair: Cryptocurrencies Are ‘Great’ For Money Laundering
The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.
CFTC Official to Congress: Don’t Be ‘Hasty’ With Crypto Rules
LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.
Muh Monopoly! How a Banker’s Talk Sparked All Kinds of Crypto Mockery
The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing…
Cryptocurrency Concept Is a ‘Fallacy’ Says Finnish Central Bank Advisor
A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money.
Romania Drafts Bill to Regulate Cryptocurrencies
Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.
Another Ripple Lawsuit Claims XRP Is A Security
A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by…
Court Says India’s Crypto Exchange Bank Account Ban Will Continue
India’s central bank won a key victory in court this week.
EU Report Says Cryptocurrencies ‘Unlikely’ to Challenge Central Banks
Cryptocurrencies are “unlikely” to shake up the dominance of central banks and sovereign currencies, the EU’s newest report says.