Cryptocurrency Research Effort Announced By The UK Government

Announcements, Blockchain, News, Regulation | March 20, 2018 By:

John Glen, Britain’s junior finance minister, said that the UK government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin.

Speaking at the Innovate Finance conference in London, Glen said that in their upcoming FinTech strategy, the government will announce further work with the Financial Conduct Authority and the Bank of England to consider these issues in more detail.


Twitter May Ban Cryptocurrency-Related Advertisements

ICO News, News | March 19, 2018 By:

Microblogging site Twitter will reportedly ban crypto-related advertisements within the next two weeks. Twitter is following similar moves by Facebook and Google which have restricted ads about cryptocurrencies due to concerns about illicit activities.

According to Sky News, Twitter is planning a new advertising policy that is expected to come into effect in a couple weeks.


Blockchain Can Be Used To Regulate Cryptocurrencies – IMF Chief Lagarde

Blockchain, News, Regulation | March 14, 2018 By:

Christine Lagarde, the head of the International Monetary Fund (IMF), said the technology behind cryptocurrencies could also be used to regulate them.

In an IMF blog post on Tuesday, Lagarde said that she believes regulators can use blockchain technology to regulate bitcoin and other cryptocurrencies and prevent them from being used in connection with money laundering and other financial crimes.


Cryptocurrencies Should Be Banned, Says Former Indian Gov’t Official

News, Regulation | March 13, 2018 By:

Shaktikanta Das, former Secretary of Economic Affairs of India, said that cryptocurrencies should be banned since regulating them would be a tough task.

In an interview with Quartz India, Das, who is currently a member of the 15th Finance Commission, said that there is no way to regulate cryptocurrencies “effectively,” and that is why India would be better off prohibiting them altogether.