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US to Strictly Enforce Crypto Rules Similar to FATF Guidelines


The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...

Indian Government Introduces New Crypto Courses for Undergraduates


Cryptocurrencies and blockchain technology have started making a place for themselves in the Indian marketspace. Having covered with stringent regulatory measures and banking restrictions, the Indian government has added a breather for the digital currency niche with the introduction of education...

Indian Government Delays Introducing Cryptocurrency Bill


The Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament. This gives...

Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike


Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...

Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners


Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...

Indian Government Programs Add New Crypto Courses


The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read:...

German Banks Make a Pitch for Government-backed Crypto-based Digital Euro


The Association of German Banks “Bankenverband,” released a position paper titled, “German banks say: The economy needs a programmable digital euro!” on October 30, 2019, which calls for the creation of a government-approved digital euro and rejection of decentralized cryptocurrencies....

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