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Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform

United States presidential candidate Mike Bloomberg has outlined a proposal that aims to accommodate regulation for cryptocurrencies in his official 2020 campaign plan for financial reform. According to a publication on Feb 18 by Bloomberg’s campaign team, he called for greater consumer protection measures and a robust financial system. Directly, the content of the publication … Continue reading Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s … Continue reading Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain

The Australian state of New South Wales is exploring a “flexible” regulatory reform for blockchain and other emerging technologies in the state. The proposed blockchain regulation reform is being pushed by New South Wales’ Department of Treasury and the proposals were published in a research paper released by the department on Tuesday, July 28. As … Continue reading New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain

Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets

The Swiss parliament has reformed and clarified legislation for blockchain technology and digital currencies (cryptocurrency) activity in the country, bringing digital assets closer to a mainstream means of exchange and investment. According to a report from Swiss Info, the “Blockchain Act” in Switzerland has been duly reformed by the country’s Senate after the law had … Continue reading Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets

UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform

Chancellor of the Exchequer for the United Kingdom Rishi Sunak has doubled down on the need to provide the ample environment for the adoption and growth of digital currencies and Central Bank Digital Currencies (CBDCs) in the nation. Per his comments at the 2021 Mansion House speech, delivered on Thursday, 1st July, Sunak said the United Kingdom … Continue reading UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform

El Salvador to Reform Laws to Favor Citizenship through Investment

Bitcoiners are looking to migrate to El Salvador for its reception to the crypto world may soon get more than just the warm reception. President Nayib Bukele is pushing for a number of policy reforms that will grant Citizenship by Investment to foreign investors. As contained in a recent tweet shared by President Bukele, he said … Continue reading El Salvador to Reform Laws to Favor Citizenship through Investment

UK Launches Global Crypto Law Review as it Considers Legal Reforms

The Ministry of Justice of the British Government has backed a project that will be undertaken by the Law Commission of England and Wales which seeks to understand how legal issues relating to crypto and its attendant technologies are being handled in other countries. This latest project by the Law Commission is dubbed Digital Assets: … Continue reading UK Launches Global Crypto Law Review as it Considers Legal Reforms

After a $60M short assault, Aave recommends governance reforms.

On November 23, one day after Mango Markets’ exploiter Avraham Eisenberg tried to exploit the decentralized finance protocol AAVE through a series of clever short sells, project contributors put up a variety of ideas to cope with the consequences of the incident. These ideas included a variety of different ways to deal with the aftermath … Continue reading After a $60M short assault, Aave recommends governance reforms.

Financial services reforms advance UK crypto ambitions.

As part of the changes, stablecoins will be regulated as a form of payment, and a sandbox will be established so that enterprises and regulators may try out innovative financial innovations. Jeremy Hunt, the Chancellor of the Exchequer for the United Kingdom, has outlined a series of measures that are intended to “drive development and … Continue reading Financial services reforms advance UK crypto ambitions.

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