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Ripple Welcomes Former JPMorgan Chase Chief Regulatory Affairs Officer to its Board of Directors

Ripple Welcomes Former JPMorgan Chase Chief Regulatory Affairs Officer to its Board of Directors

Ripple has been expanding its network and recently, the blockchain firm has made yet another move to bring its company growth to another level.

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).

India’s Crypto Bill Hearing Postponed by Supreme Court

India’s Crypto Bill Hearing Postponed by Supreme Court

The Indian supreme court has set a new date to hear the crypto case, which was originally scheduled for July 23. The purpose of the hearing was to address the writ petitions against the central bank’s crypto restriction.

Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction

Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction

The number of Bitcoin (BTC) addresses in profits has plunged to a 3-month low at 30,782,698.006 as the price of Bitcoin has stayed in the bearish zone for days.

GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License

GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License

GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.

Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism

Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism

G. Kishan Reddy, India’s Union Minister of State (MoS) for Home Affairs disclosed that the nation would incorporate the standards of the Paris-based Financial Action Task Force (FATF) to deter terrorism by cutting off funding sources, especially cryptocurrencies.

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as Bitcoin.

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.

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