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Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger

12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...

Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing

23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...

Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today

22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...

Libra Association Forms Steering Committee to Guide Technical Development

17.1.2020
The Libra Association has formed a new, five-member committee to guide the technical development of the network

Anchorage, Bison Trails Execs to Helm Libra’s New ‘Technical Steering Committee’

17.1.2020
The Libra Association has formed a steering committee to oversee the creation of its technical roadmap

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

8.1.2020
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s...

South Korean Presidential Committee Recommends Allowing Bitcoin Derivatives

6.1.2020
The South Korean Presidential Committee on the Fourth Industrial Revolution has reportedly recommended the government to allow the development of crypto derivatives

Subhash Chandra Garg on the Future of Crypto

5.1.2020
India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also...

Int'l Regulator Basel Committee Calls for Prudent Rules for Crypto

16.12.2019
The Basel Committee on Banking Supervision calls for conservative treatment of crypto assets

Basel Committee Initiates Discussion on Crypto + More News

12.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news A global banking regulator says it will listen to input on a new cryptocurrency discussion paper. Per a press...

SEC Taking ‘Measured’ Approach to Digital Asset Regulation, Jay Clayton Tells Senate Committee

11.12.2019
The chairman of the U.S. Securities and Exchange Commission, Jay Clayton, says his agency is taking a "measured" regulatory stance on "promising" blockchain tech

South Korean Committee Passes Bill Enforcing FATF Crypto Rules

27.11.2019
South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task...

Migration Committee Community Update of NEM Foundation

23.11.2019
Catapult Migration Group is preparing the ground for the launch of the Catapult project. The launch is expected to happen in Q1 2020, and in the run-up to the launch, the group is constantly updating the users and prospects about the ongoing developments. Among other aspects, the most important...

South Korean Exchange CEO Sentenced to 16 Years in Prison

13.11.2019
A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within...

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

7.11.2019
In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern...

Korean Presidential Committee Pushes to Legalize Crypto

31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...