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Blockchain Daily Digest – January 6th, 2020

Blockchain Daily Digest – January 6th, 2020

Qatar Issues Crypto Ban, Digital Securities Still Allowed to Roam

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.

ANNA Develops New Technology Strategy On Digital Assets

ANNA Develops New Technology Strategy On Digital Assets

ANNA, a mnemonic for the Association of National Numbering Agencies apprised the public that it has developed a new technology task force on digital assets which will help to investigate the identification of digital assets in the likes of tokens and cryptocurrencies, blockchain technology.

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.

Regulating Cryptocurrencies like XRP with Securities Laws Not Always the Best Approach – Former SEC Executive

Regulating Cryptocurrencies like XRP with Securities Laws Not Always the Best Approach – Former SEC Executive

Joe Hall, a former SEC executive, has commented on the lawsuit against Ripple over XRP cryptocurrency. He, for one, thinks that crypto is here to stay.

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.

Qatar Issues Crypto Ban, Digital Securities Still Allowed to Roam

Qatar Issues Crypto Ban, Digital Securities Still Allowed to Roam

Qatar’s regulator has blocked all crypto asset services in the nation. The Qatar Financial Centre Authority (QFC) mentioned in a statement that all “Virtual Asset Services may not be conducted in or from the QFC at this time.”

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.

Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia

Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia

Reasons why Hong Kong will a leading digital asset trading centre in Asia.

SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP

SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP

The SEC has filed a lawsuit against Ripple Labs Inc. for offering unregistered “digital asset securities” through which $1.3 billion was raised.

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