Now that cryptocurrency laws and regulations have been put into place, Thailand’s SEC is ready to approve ICO fundraising. The Bangkok Times reported June 13 that five new ICO projects will register for consideration by Thailand's Securities and Exchange Commission (SEC) to begin fundraising procedures after regulatory laws for the...
A recent report asserts that the digital assets are not a threat to the country's financial stability but that international efforts should be made to curtail money laundering and terrorist financing. The German federal government recently examined whether bitcoin and other cryptocurrencies pose a threat to the financial stability of...
Later this month, the Financial Action Task Force will review whether its June 2015 guidelines for cryptocurrency exchanges remain sufficient. FATF may opt for a binding framework. On Tuesday, a Japanese government official, who spoke on the condition of anonymity, revealed to Reuters that the Financial Action Task Force (FATF)...
In an open letter on June 11, 2018, the Financial Conduct Authority (FCA) has issued guidance to banks on “good practice” for handling the financial crime risks posed by “cryptoassets.” A letter addressed to UK bank CEOs and published on the FAC's website states that although there are many "non-criminal...
EU blockchain organization is currently inviting questions from the public for a live YouTube AMA to be held on June 18. In a tweet yesterday, the EU Blockchain Observatory and Forum announced it will be holding an ask-me-anything (AMA) session on June 18. Questions are being accepted now through Twitter...
On Friday, former basketball star Dennis Rodman shared that he’ll be in Singapore for a pivotal meeting between the United States and North Korea. For the second time in as many years, PotCoin is helping Rodman pursue his diplomatic aims. On June 8, 2018, NBA Hall of Famer and five-time...
Thailand’s Central Bank is researching blockchain technology, including the benefits of issuing a central bank digital currency. On June 5, the Bank of Thailand's (BoT) governor, Veerathai Santiprabhob, announced the bank has been researching the benefits of blockchain technology and is considering issuing a central bank digital currency (CBDC). During his...
Amidst a national narrative in which cryptocurrency is sometimes endorsed and sometimes disparaged, President Vladimir Putin has confirmed at least one emerging truth about cryptocurrency moving forward in the Russian Federation. Vladimir Putin has made clear his take on the sovereignty of cryptocurrencies. "Russia inherently cannot have its cryptocurrency, just...
The “split decision” between Indonesia’s central bank and its futures authority regarding cryptocurrencies reveals a challenge that a number of nations will face: how to embrace cryptocurrency without the support of the banks. The Indonesian Futures Exchange Supervisory Board – known locally as Bappebti – has reportedly moved to permit...
Denmark joins 22 EU countries in hopes of using blockchain technology to solve problems in the logistics field. On Tuesday, Danish outlet FinansWatch reported that Denmark's business minister, Brian Mikkelsen, signed a declaration stating that Denmark is joining 22 European Union (EU) member states that support blockchain technology and seek...