In a recently published report, Norway’s central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies. The report emphasizes the importance of leveraging existing regulations that address risks and...
In a significant stride toward blockchain technology advancement, the National Blockchain Technology Innovation Center, announced earlier this year by the Chinese government, has officially commenced operations in Beijing on May 10th. The National Blockchain Technology Innovation Center in China, initially announced back in...
In a move that further solidifies Romania’s commitment to the digital frontier, the country has taken a bold step by launching its very own national NFT marketplace. This innovative platform is designed to thrust the country into the web3 era, fostering a flourishing...
Details from the United States Office of the Comptroller of Currency (OCC) show that Paxos’ application for a national banking charter, under “2020-NE-Charter-318305”, expired on March 31. Paxos national banking charter application expires Paxos, a stablecoin issuer regulated by the New York Department of Financial...
The U.S. Department of Treasury issued a stark warning, stating that the rise of decentralized cryptocurrency markets poses a significant threat to national security, with concerns ranging from illicit activities to financial stability risks. The U.S. Department of Treasury (DoT) recently released a...
U.S. major Lowery’s groundbreaking concept of “Softwar” reveals how the unique attributes of bitcoin can be harnessed to enhance national security by imposing non-violent constraints on malicious actors. In recent news, a thesis paper on the potential impact of bitcoin on national security...
Saudi National Bank’s chairman, Ammar Al Khudairy, has resigned from his post following the banking crisis that has hit Credit Suisse Group AG. This move comes shortly after declining to provide further assistance to Credit Suisse, despite the bank being the largest shareholder....
France has taken a significant step towards implementing new cryptocurrency regulations, with the National Assembly voting in favor of stricter licensing rules for crypto firms. The move aims to bring French laws in line with anticipated European Union (EU) standards and bolster the...