RBI is exploring the possibility as to whether there is a need for a digital version of fiat currency and in case there is, then how to operationalize it.
Browsing: Blockchain Regulatory Developments
Blockchain Regulatory Developments
Potential of the blockchain technology itself is not enough to succeed in a regulated market. Getting the regulative design right is vital for blockchain technology (or for that matter any technology) to live up to its potential. Without embracing the regulatory part that accompanies the innovations, we won’t get anywhere. As there is no established set of rules but a plurality of approaches, it’s important be aware of blockchain related regulatory developments.
Read all the important Blockchain Regulatory Developments regulations around the world. via AlexaBlockchain
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Luxembourg Parliament has amended its Legal Framework to allow issuance of dematerialized securities using distributed ledger technology (DLT).
FinCEN’s Crypto Wallet Rules, a controversial regulation proposal on “Unhosted” Crypto Wallet (convertible virtual currency (CVC) or digital assets with legal tender status (LTDA) wallets not…