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Article by Steve Kaaru

Facebook Libra taps ex-OCC exec as lead counsel
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30 November, 2020

Facebook Libra taps ex-OCC exec as lead counsel

The Libra Association has announced Saumya Bhavsar as the general counsel for its payment subsidiary, Libra Networks.
Russian in hospital after BTC mining operation sets apartment ablaze
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29 November, 2020

Russian in hospital after BTC mining operation sets apartment ablaze

A Russian man is nursing burn wounds after his BTC block reward mining operation caught fire and set his apartment...
Trump’s intelligence chief warns against China’s digital currency dominance
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27 November, 2020

Trump’s intelligence chief warns against China’s digital currency dominance

The United States’ intelligence community has raised concerns over China’s continued dominance in the digital currency space.
Coinsquare files to become Canada’s first regulated digital asset marketplace
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27 November, 2020

Coinsquare files to become Canada’s first regulated digital asset marketplace

Coinsquare also announced the appointment of new executives as it seeks to move past recent wash trading incidents.
World’s second-largest bank withdraws $3B blockchain bond
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27 November, 2020

World’s second-largest bank withdraws $3B blockchain bond

The China Construction Bank had postponed the trading of the bond at first before eventually withdrawing it.
Nigeria’s Finance Ministry and SEC working on digital currency regulation
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26 November, 2020

Nigeria’s Finance Ministry and SEC working on digital currency regulation

Nigeria could be on its way to becoming the first African country with a comprehensive regulatory framework for the digital...
South Korea to delay digital currency tax law until January 2022
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26 November, 2020

South Korea to delay digital currency tax law until January 2022

Digital currency holders in South Korea have been granted an extra three months before a new taxation rule is implemented.
German minister thumbs down private digital currencies
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26 November, 2020

German minister thumbs down private digital currencies

Speaking at a recent regional banking event, Olaf Scholz called for the advancement of European banking systems to adapt to...
Bithumb shuts down Seoul office due to COVID-19
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25 November, 2020

Bithumb shuts down Seoul office due to COVID-19

The South Korean exchange cited the increasing COVID-19 infections and more stringent social distancing rules as the reasons for closure.
US comptroller wants to stop banks from blacklisting digital currency businesses
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25 November, 2020

US comptroller wants to stop banks from blacklisting digital currency businesses

The Office of the Comptroller of the Currency has proposed the rule that will finally ensure fair access to banking...
China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption
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25 November, 2020

China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption

China’s President Xi Jinping has called on G20 leaders to lay the groundwork for central bank digital currencies adoption by...
South Africa regulator drafts bill to regulate digital currency service providers
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24 November, 2020

South Africa regulator drafts bill to regulate digital currency service providers

In its draft bill, the Financial Sector Conduct Authority is proposing that all service providers register as financial service providers.

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