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Crypto Experts Join OECD ‘High Level’ Advisory Board


The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy...

EU Countries Commence Crypto Regulations as Mandated by New Directive


The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs...

G7 Member Issues Warning of Digital Yuan ‘Dangers’


Taro Aso. Source: a video screenshot, Youtube, Milken Institute Japan’s Finance Minister Taro Aso has warned bankers in the country of potential problems caused by China’s forthcoming digital yuan launch – hinting that a Beijing-issued digital fiat could cause a rift between Tokyo...

Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’


Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where...

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business


Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...

ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy


European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...

Crypto Community Erupts Over Ethereum Foundation Member’s Arrest


On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching “his audience how to use blockchain...

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