New Zealand, July 8, 2021 /AlexaBlockchain/ – The Reserve Bank Of New Zealand, Te Pūtea Matua, has announced…
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Blockchain And Crypto Policy And Regulation
The growing popularity of digital assets, commonly referred as cryptocurrency, has forced regulators across the globe to rethink their approach towards it. They are now looking to strike the right balance between investor protection and fostering technological innovation. However, the vast application and fundamental difference between crypto assets and traditional financial system makes it difficult for policymaker to bring in new laws. This is going to be daunting task for them.
Stay tuned for all the policy related developments.
State of Wyoming moves towards a more sustainable monetary system with The American CryptoFed DAO becoming the first legally recognized Decentralized Autonomous Organization in the US.
It is still not clear whether the Central Bank of Tanzania plans to adopt existing cryptocurrencies such as bitcoin, or is exploring possibilities of its own CBDC.
Banco de Portugal has allowed crypto exchanges Criptoloja and Mind that Coin to operate as Virtual Asset Service Providers.
South Africa, June 14, 2021 /AlexaBlockchain/ – South Africa has released a position paper on crypto assets, outlining a…
Apart from El Salvador, this is the first time a country’s premier has openly acknowledged a serious acceptance of digital assets, and guided the central bank to pave the way for change.
The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out.
United States, Feb 12, 2021 /AlexaBlockchain/ – U.S. Securities and Exchange Commissioner, Hester Peirce, thinks that the U.S. capital markets…
The first North American Bitcoin ETF will be managed by Purpose Investments Inc., Cidel Trust Company (a subsidiary of Cidel Bank Canada) will work as its custodian and Winklevoss brother’s Gemini as the sub-custodian.
The advent of the second era of the digital age, with a “trivergence” of blockchain, artificial intelligence, and the Internet of Things, is creating an innovation push. Federal leaders must acknowledge the new digital realities and get up to speed quickly on these technologies.