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Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal

13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...

Blockchain Firm Pitches CBDC Operating System to Bank of England

12.6.2020
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England

Lebanon's Central Bank Burns as Protesters Rail Against Fiscal Failures

12.6.2020
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets

This Liechtenstein Bank Can Now Custody Crypto

12.6.2020
Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios

Belarusian Banks to Issue Digital Tokens in Central Bank Pilot

12.6.2020
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot. The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...

Indian Government Reconsiders Banning Cryptocurrency: Report

12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....

Russian Central Bank ‘on the Verge of’ Issuing Blockchain Mortgages

11.6.2020
Despite its disdain for all things cryptocurrency-related, Russia’s Central Bank has lost none of its enthusiasm for blockchain – and looks to be doubling down on the technology with its fast-expanding plans to issue digital, blockchain-powered mortgages. The Central Bank, which has already issued...

Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto

11.6.2020
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies

South Korean Merchants Open to Accepting Digital Yuan

10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future

4,000 Chinese Bank Accounts Reportedly Frozen Due to Crypto Connections

10.6.2020
About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement

Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency

10.6.2020
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency

Not With Bitcoin: Rumor ECB Eyeing $500B Debt Quarantine in ‘Bad Bank’

10.6.2020
Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.”

South Korea’s NH Bank Forms Blockchain Financial Services Consortium

10.6.2020
The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium

Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts

9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...