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Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate

Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate

The Financial Services Commission of North Korea, which is supposed to be in charge of the supervision of cryptocurrencies, asked which ministry is responsible.

Can CBDC Drive Financial Inclusion?

Can CBDC Drive Financial Inclusion?

There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?

Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Bulgarian crypto broker, 5 Capital, has been offering financial services to investors without being approved by the Germany financial watchdog, federal financial supervisory authority (BaFin).

South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

G7 Reports Stablecoins Like Libra Threaten Financial Security

G7 Reports Stablecoins Like Libra Threaten Financial Security

According to the BBC, the G7 group of nations has drafted a report outlining nine major risks that digital currencies, such as Facebook’s proposed Libra, pose to the global financial system.

Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan

Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan

Carlos Ghosn, the former Nissan Motors CEO and chairman, paid cryptocurrency worth nearly $500,000 to escape criminal charges he was facing in Japan. This payment was made by his son Anthony Ghosn to American citizen Peter Taylor

Blockchain Brings Monetary and Financial Freedom

Blockchain Brings Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple has continued to be innovative in finding ways to deliver global financial inclusion amid a struggling COVID-19 economy.

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